I’ve changed my mind on the property market

I’ve changed my mind on the property market

OK, time to eat humble pie. Up until now I have been absolutely convinced that the “great correction” is coming. A correction that would see house prices in Sydney fall by between 10 and 15 per cent. Admittedly even that wouldn’t be enough for many millennials, but it...
There is no housing bubble, big banks insist

There is no housing bubble, big banks insist

Rising house prices in Australia’s largest cities doesn’t necessarily indicate the country is in the grip of a housing bubble, said the heads of three of the country’s largest banks. Testifying before a parliamentary committee, the chief executives of National...