After months of spruiking increased funding costs as the reason behind increasing interest rates, ANZ changed their tune last Friday, instead blaming high retail deposit prices for its decision to pass on just .37% of the .50% official interest cash rate cut by the Reserve Bank (RBA). Interestingly, the ANZ did pass on the full…

April – that fluffy month with Easter holidays – traditionally signals the end of the fabulous Summer selling season. It’s the month that can bring a sharp dose of brutal realities. It’s the month where there seems to be less ‘impulse’ buying – just servicing of the hardcore needs of our communities! Did we hit…

On the back of the Reserve Bank’s (RBA) shock announcement last week to slash 50 basis points off the official cash rate, experts have said Australians can expect up to three more rate cuts. The RBA’s quarterly statement on monetary policy made clear that our jobs and housing sectors are weakening as global economic growth…

The property management team at Ray White Tokoroa in the central North Island have been awarded the quarterly property management award for Outstanding Service exemplary to Ray White by volunteering to learn sign language. The portfolio has a high number of deaf clients who without their sign language can only express their intentions by writing…

Ray White, the largest property company in Australia, opens in Redcliffe in May under Andrew Campbell and Tim Gordon. Both Andrew and Tim have lived and operated in and around Redcliffe for a decade and bring a wealth of local real estate knowledge to the new business. “The real estate market in and around Redcliffe…

Contrary to a lot of published opinion the overall real estate market in April was ‘acceptable’, according to the Chairman of the largest property company in Australia. Brian White of the Ray White Group said his offices across Australia and New Zealand achieved the same turnover result in April this year as they had in…

After sitting on the sidelines all year, the latest round of inflation data was lower than even the most conservative commentators had expected, making an official rate cut by the Reserve Bank (RBA) on Tuesday a dead certainty. The Australian Bureau of Statistics reported inflation was just 0.1% for the first three months of 2012,…

It’s been all quiet on the development front in recent years, but the next major middle market subdivision for Geraldton, two land parcels at Verita Road, signals strong investment in the region. Former grazing land south of the city is the next major residential area, contributing to an upswing in development lots after a subdued…

Bed 3 | Bath 1 | Car 2 The sun hasn’t been shining on the beachside property market in Yamba on NSW’s north coast in recent months, so a strong sale on Saturday proved a surprise. The auction of an historic 1920s beach cottage, overlooking the beach and the mouth of the Clarence River, attracted…

Bedroom: 6 (including chef/butler quarters) Bathroom: 5.5 Car space: 6 (with valet services) It has been called the world’s best penthouse and even if it isn’t, it is surely in the running. The Soul Penthouse on the Gold Coast’s coveted Cavill Avenue was purchased off the plan in 2006 for $16.85million and is on the…