Australia Archives - Better Dwelling https://betterdwelling.com/category/australia/ Canada’s Fastest Growing Real Estate News Source Sat, 07 May 2022 21:59:05 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Australia Archives - Better Dwelling https://betterdwelling.com/category/australia/ 32 32 64691831 Australia Hikes Interest Rates For The First Time Since 2010 As Real Estate Slows https://betterdwelling.com/australia-hikes-interest-rates-for-the-first-time-since-2010-as-real-estate-slows/ Tue, 03 May 2022 15:49:51 +0000 https://betterdwelling.com/?p=20429 Australia’s central bank raised interest rates for the first time in a decade to try and calm inflation. The Reserve Bank of Australia (RBA) hiked rates this morning, the first hike since 2010. The cash rate is now 0.35%, an increase of 25 basis points (bps). It’s not particularly high, but just a small increase […]

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]]> 20429 Australian Real Estate Prices Are Inflated By Money Laundering, Hears The Senate https://betterdwelling.com/australian-real-estate-prices-are-inflated-by-money-laundering-hears-the-senate/ https://betterdwelling.com/australian-real-estate-prices-are-inflated-by-money-laundering-hears-the-senate/#comments Wed, 10 Nov 2021 14:00:04 +0000 https://betterdwelling.com/?p=18759 Australian lawmakers are learning how home prices have been inflated by money laundering. The Senate committee investigating the adequacy of anti-money laundering laws continues this week. A piece tabled is a study showing how high-profile individuals with questionable cash should have set off alarms. Instead, they were able to move millions of dollars of unknown […]

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]]> https://betterdwelling.com/australian-real-estate-prices-are-inflated-by-money-laundering-hears-the-senate/feed/ 11 18759 Australia’s High Real Estate Prices Are A Threat To Financial Stability, Says Central Bank https://betterdwelling.com/australias-high-real-estate-prices-are-a-threat-to-financial-stability-says-central-bank/ Fri, 24 Sep 2021 03:55:26 +0000 https://betterdwelling.com/?p=18233 Australia’s central bank is warning home prices may threaten the country’s financial stability. Reserve Bank of Australia assistant governor Michele Bullock gave a housing update this week. She warns the quality of borrowers has been deteriorating, as they take on more leverage. As the share of these borrowers surges, so does the risks they bring […]

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