Francesca Krakue

John McGrath slams state governments over property taxes

Real estate mogul John McGrath has called out “hefty” taxes on overseas buyers as “one of the most short-sighted initiatives” that he’s seen in his 35 years of real ...

PROPERTY • Tue, 08 Nov 2016

Trump ‘bad news’ for Australia, warns economist

Donald Trump’s election to the US presidency could pose significant risks for Australia’s economy, a senior economist has predicted.

ECONOMY • Wed, 02 Nov 2016

APRA likely to ‘tighten the screws’ further

A senior economist has predicted that APRA is likely to add further directives on banks’ lending standards to help cool Sydney and Melbourne’s property markets “before ...

REGULATION • Tue, 01 Nov 2016

RBA makes cash rate announcement

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

ECONOMY • Tue, 01 Nov 2016

Global player sees mortgage portfolio rise as profits drop

Macquarie Group has seen its net profit for the first half of the financial year 2017 drop by 2 per cent, while its Australian mortgage portfolio has risen 4 per cent ...

ECONOMY • Sun, 30 Oct 2016

Homes over $2m becoming the norm

Fresh research has revealed that dwelling sales hitting the $2 million mark have increased significantly in recent years.

ECONOMY • Thu, 27 Oct 2016

‘Messy’ CPI result could stay RBA’s hand

A senior economist has said that the Reserve Bank of Australia is likely to keep rates on hold next Tuesday, in light of yesterday’s “indecisively low” Consumer Price ...

ECONOMY • Wed, 26 Oct 2016

Mortgage ad targets digitally-savvy borrowers

A fintech mortgage service has launched an ad campaign aimed at targeting the “growing number of people” who prefer the mortgage process to be a primarily digital ...

ECONOMY • Wed, 19 Oct 2016

Aussie banking system ‘remains in good shape’

The Reserve Bank of Australia has said that the nation’s banks remain “well placed to address the risks they face” despite their performance having deteriorated from a ...

ECONOMY • Tue, 18 Oct 2016