Search Results for: mathew tiller
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Real Estate News
RBA goes ‘hard’ with interest rate jump
Higher than expected inflation has seen the Reserve Bank of Australia lift the cash rate for the second consecutive month, with today’s 50 basis point increase taking the official interest rate to 0.85 per cent.
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INDUSTRY NEWS
Cash rate rises for first time in over a decade
After 17 months of record low interest rates, the Reserve Bank of Australia has today lifted the cash rate 25 basis points to 0.35 per cent while clearly indicating more rate rises are to come.
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Real Estate News
What’s good and what’s not in the 2022 Federal Budget
Tuesday's Federal Budget had an overarching theme of reducing the cost of living and come Wednesday morning the real estate sector weighed in what it liked and didn't like about Treasurer Josh Frydenberg's balance sheet.
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Real Estate News
Experts tip cash rate to rise before end of 2022
More monetary policy experts are tipping an interest rate rise before the end of the year, despite not expecting the Reserve Bank of Australia to lift the cash rate tomorrow.
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Real Estate News
A budget wish list for the real estate sector
As the countdown to the release of the Federal Budget begins, LJ Hooker Head of Research, Mathew Tiller, has put forward his wish list for the real estate industry. Mr Tiller said he hoped to see regional investment, an extension to HomeBuilder, and the opening of international borders among the measures announced on budget night in a bid to support…
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Real Estate News
Work from home trend to continue to impact real estate in 2021: LJ Hooker
A recent survey conducted by LJ Hooker found that prior to COVID, 79 per cent of people worked at their place of work and 21 per cent from home. This shifted over the course of the year, with 38 per cent of people currently working from home. Furthermore, only 64 per cent say they will be returning to their place…
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Elite Agent
What the Federal Budget means for real estate
"We have a plan to create jobs, rebuild our economy and secure Australia’s future," said PM Scott Morrison, hours ahead of announcing the Federal Budget.
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Real Estate News
Off-the-plan and new builds surge as stimulus takes hold
A sharp uptake in off-the-plan and new build sales is potentially underpinning the nation’s real estate market, with owner-occupiers taking advantage of various stimulus packages, according to LJ Hooker. Mathew Tiller, LJ Hooker’s Head of Research, credits “pent up demand” after the shutdown, record low interest rates, and the various state and federal-led stimulus packages for the surge in off-the-plan…
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Real Estate News
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Real Estate News
Finder survey says…cash rate hold and international borders to remain closed
The cash rate is anticipated to remain on hold and Australia is projected to lose $25 billion in foreign spending, according to a recent survey by Finder. In this month’s Finder RBA Cash Rate Survey – the largest of its kind in Australia – 42 experts and economists weighed in on future cash rate moves and other issues related to the state…
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Elite Agent
LJ Hooker 2020 predictions: The year of the everyday Australian
A power shift from banks to everyday Australians will fuel the national property market next year, according to LJ Hooker’s 2020 Trends Whitepaper. Trend #1: The power shift from banks to borrowersTrend #2: Renters become home ownersTrend #3: Regional rush for a same, same lifestyle Releasing the report ‘What’s in store for 2020? The year of the everyday Australian’ ,…
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Real Estate News
The RBA cuts rates to 0.75 per cent
The Reserve Bank of Australia has cut official interest rates by 25 basis points to a record low of 0.75 per cent. Going into the meeting of the RBA, markets were predicting that there was a 79 per cent chance that there would be a rate cut at the October meeting. This year, the RBA has cut rates three times,…
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INDUSTRY NEWS
RBA cuts cash rate to 1.25 per cent – industry reacts
In what was a widely expected move, the Reserve Bank of Australia has cut the cash rate to an all-time low of 1.25 per cent. At their monthly meeting on June 4, the Board elected to lower the cash rate by 25 basis points, explaining the decision was aimed at supporting employment growth and providing greater confidence that inflation would…
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Real Estate News
Queensland wins LJ Hooker ‘Real Estate of Origin’
As the Blues and Maroons prepare to don their jerseys and take to the field in Brisbane, Queensland has already been declared the victor in the LJ Hooker ‘Real Estate of Origin’. Head of Research, Mathew Tiller analysed the property market data from both states to compile the battle for open homes and auctions between QLD and NSW, and found…
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Real Estate News
Budget 2019 focused on a strong economy
Prime Minister Scott Morrison and Federal Treasurer Josh Frydenberg handed down the Federal Budget last night. With a Federal Election on the horizon, the centrepiece of the budget was a cash rebate pitch to middle income earners and no changes to taxation legislation this side of an election. It’s the second year in the row there was no mention of…
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Elite Agent
Stamp duty is stopping Australian’s from selling: LJ Hooker
A survey by LJ Hooker has shown that Government charges are dissuading property owners from selling their homes, driving up demand and impacting affordability. The survey of 2,700 homeowners showed 44 per cent of respondents who wanted to sell in 2016 but decided against it, cited transactional imposts such as the stamp duty they would pay on their next property…
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INDUSTRY NEWS
RBA leaves cash rate unchanged at 1.5 percent
The Reserve Bank of Australia (RBA) has decided to leave the cash rate unchanged at 1.5 percent after its monthly meet on Tuesday. RBA governor Philip Lowe said the Australian economy is continuing its transition following the end of the mining investment boom. “Recent data are consistent with ongoing moderate growth. Most measures of business confidence are at, or above,…
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Real Estate News
How the US election will affect the property market: LJ Hooker
Today, as the world watched the US election unfold, LJ Hooker Head of Research, Mathew Tiller gave us some preliminary thoughts on the impact of a Trump win on the Australian commercial and residential property market. Says Tilley, “Nearly all parts of the Australian economy are intrinsically linked to the performance of the US; our equity markets take their direction from…
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Real Estate News
Aussie Families Snapping Up Holiday Accommodation
More Australian families are opting to stay home side for their summer holidays with the falling Australian dollar being a major deterrent in overseas travel, new research has found. The study released this month by leading real estate network LJ Hooker shows the softening Australian Dollar has had a positive effect on holiday rental markets around the country; with domestic…
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