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A hit to confidence

12/6/2014

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Peeling away the layers of this week's strong GDP result reveals a disappointingly soft picture for the Australian household sector. The 1.1%qtr gain lifted growth nationally to a robust 3.5%yr in Q1 but was dominated by a surge in resource exports with domestic demand still weak. The transition from mining to non-mining led growth is continuing but looking somewhat shakier as consumer spending remains restrained and a hit to confidence comes through.

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home loan News from the RBA

10/6/2014

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Market analysis firm RP Data's monthly measure of prices, the RP Data-Rismark May Hedonic Home Value Index, fell by 1.9 per cent for the state and territory capitals in May. A fall of that size is typical of the pattern for May seen in the past couple of years. Annual growth remains strong, particularly in Sydney where prices in May were up by 16.6 per cent from a year earlier, and Melbourne with an annual gain of 9.9 per cent. At the other end of the scale, prices in austerity-affected Canberra were up by only 2.6 per cent, while Hobart prices were up only 1.4 per cent through the year.

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Good News for Housing

4/6/2014

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Some good news in housing today with an upswing in housing construction underway, with approvals exceeding the peak of ten years earlier. New dwelling construction, after a broadly flat 2013, increased in Q1 by a reported 7.8% and renovation work was up 1.9%.

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    With over 20 years experience in Home Loan Lending and Financial Planning, You can feel confident Cairns Mortgage Brokers will get you the best deal on the market. Call us today: 4057 9746

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14 Spence Street, CAIRNS.
Phone: 07 4057 9746
​or after hours, 0413713534

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Cairns Home loans
  • Home
  • Why Use Us
    • Roger Ward, Cairns Most Awarded Mortgage Broker
    • Awards / Acreditations
    • Press and Media
    • Privacy Policy
    • Credit Guide
  • Home Loans
    • First Home Buyers
    • Refinancing
    • Commercial Lending
    • Investment Loans
  • Personal Loans
    • Personal Loans Apply Online
    • Car Loans
  • Client Reviews
  • Apply Online
  • Calculators
  • Home Insurance
  • Loan protection
  • Contact Us
  • Blog-Home Loans
  • Executor Services
  • Careers