With flood waters bearing down on your home, would you stay to defend it, or would you go?
In the wake of the tragic loss of life in Queensland’s flash foods last year, it is, for many, difficult to grasp why this week 90 per cent of the population of a tiny town called Hay, a mere dot on a vast, flat floodplain in the Riverina of NSW, are defying desperate pleas from the State Emergency Service to evacuate their homes. Continue reading Homes under threat→
More than one in 10 Australians downsized their home last year to lower their housing costs, according to a new report.
The Citibank research has also found 63 per cent of people don’t think home ownership will be an option for their children, while almost three-quarters think the Government needs to do more to help first-home buyers enter the market. Continue reading Goodbye McMansions→
The Reserve Bank has left its key interest rate unchanged for a second consecutive month as it weighs improving global conditions against a patchy economy at home.
As widely expected, the central bank left its cash rate unchanged at 4.25 per cent, a result tipped by all 19 economists in a Bloomberg survey. Continue reading Interest rates unchanged→
If you buy residential real estate, you will find that, beginning on March 1, the cooling-off rules have changed.
On that date, you will no longer lose your right to cool off just because you obtained advice from a lawyer before signing your contract. Continue reading Cooling off rules changed→
For the second time in two years Mudgee real estate agency The Property Shop has cleaned up at the Australasian Real Estate Results Achievement Awards.
Valuation notices from the Valuer Generals office have been issued in NSW over the past few weeks. These valuations are used to calculate council rates and land tax and in many cases the valuation may be excessive.
A DRAMATIC drop in inflation means there is now nothing to stop the Reserve Bank cutting interest rates when it meets for the first time this year on Tuesday week.
Australia’s official rate of inflation fell to 3.1 per cent for the year to December and to zero for the December quarter. It is the first time Australia has recorded no inflation in a quarter since December 2008. Continue reading Tumbling inflation makes rates cut firmer→
A lack of pet-friendly accommodation is leading renters to give up their pets or have them put down. Brisbane vet Michael O’Donoghue has seen too many people have to give up, or put down, their pets because they could not find a rental property that welcomed animals.
“It’s very heart-breaking, people euthanising their beloved pet because they can’t find accommodation,” he said.
The People and Pets veterinarian is pushing for more pet-friendly rental properties to be made available to encourage more families to adopt animals and stop the displacement of loved family members. Continue reading Vet pleads for landlords to allow pets→
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