By Cate Bakos on 11 Feb 2014 No Comments
Last Saturday, I bid at my first auction for 2014. As the day got closer, the temperature forecast got higher. I was relieved that the auction was scheduled for 10.30am, and equally relieved that my clients didn’t expect I’d be wearing a dark pinstriped suit for the event! “…unlike the south east and the inner ...
By Peter Sarmas on 10 Feb 2014 No Comments
All eyes were on the RBA last week when they reconvened from a two month break. With markets only pricing in a 5 per cent chance that rates would be cut by a further 0.25 per cent, the probability of an interest rate movement was always going to be limited ...
By Peter Sarmas on 8 Feb 2014 No Comments
Auction activity around Australia is set to pick up steam this weekend, as 390 properties are expected to go under the hammer in Melbourne, a figure considerably higher than the 219 auctions listed on the same weekend last year. Peter Sarmas considers reports that the property market appears as buoyant as it was back in 2010 ...
By Urban Melbourne on 7 Feb 2014 No Comments
Have you been fostering grand plans of outdoing Homer Simpson's 'Persephone'? Or maybe you've always dreamed of adding a Wet and Wild atop one of the terminals at Melbourne Airport? Australia Pacific Airports Corporation Pty Ltd recently released a statement calling for public design input into the finer aspects of the new terminal ...
By Louis Christopher on 6 Feb 2014 No Comments
There is a hypothesis going around that stock market performance in January (particularly in the US) predicts its performance for the rest of the year. So if the stock market has a bad month in January, this is likely to continue for the rest of the year. Fortunately, this theory does not hold true as much as it once did ...
By Kristie Kwok on 6 Feb 2014 No Comments
Rising unemployment could lead to another interest rate cut and lower the value of the Australian dollar further, making local properties even more attractive to foreign investors. The current Australian dollar value has already hit a 3.5 year low against the US dollar ...
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