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News

No plans to change

Despite some commentators’ predictions, the Reserve Bank of Australia this week opted to make no change to interest rates at their first meeting for 2022, leaving the official cash rate at .10%.The official rate has not changed since November 2020.…

No holiday for property

Despite January being traditionally a quiet month for the property market, new figures show that homes were sold and prices continued to rise. CoreLogic’s national measure of housing values rose 1.1% in January, a rise of 10 basis points from…

Lending breaks records

Lending to homebuyers continues to break records, according to data released this week by the Australian Bureau of Statistics (ABS). The latest figures show that new loans for housing rose 4.4% to a record high value of $32.8 billion (seasonally…

Not just a pretty face

Breathing new life into the ancient art of ‘stained-glass’, a window that harvests solar energy and can charge your mobile phone sounds like more than just a design feature. The aptly-named Current Window by Dutch designer Marjan van Aubel is…

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