Melbourne house prices will see double-digit growth.

One analyst expects Melbourne to ushered in double-digit house price growth early next year, even if there is no other interest rate cut. Louis Christopher, general manager of SQM Research, said the growth momentum since the May election was accelerating. “I don’t rule out the possibility of a new housing boom,” he said. He said…

Australian dollar exchange rate rose to new high

Just now, the highest point of the Australian dollar has once again broken through, the 1:4.8 mark, the specific ratio is 1:4.80943. From August 24th, the Australian dollar has experienced multiple ups and downs, the lowest is 1:4.69, which fell below the 4.7 mark, the highest is 1:4.81. Completely within a month, it once again…

Just about to buy a house is approaching

As major banks cut interest rates, Australia’s current fixed mortgage interest rate is probably the lowest in history, less than 3%. Westpac (Westpac Bank, Westpac)’s St George, Bank of Melbourne and BankSA have all cut their fixed home loan interest rates below 3%, indicating that the cash rate is expected to fall further. There are…