Economy Articles


Australian economy hits recession free world-record
Australian economy hits recession free world-record

We’re not going to sugar coat it, the world economy hasn’t had too much to celebrate of late. But this week Australia has scored the title of longest recession-free nation in the world.

Here’s what you need to know, and why this is good news for us. .. Continued

June 16, 2017 by Sarah Robinson

Will the Australian election affect the housing market?
Will the Australian election affect the housing market?

It’s understandable that Australians are feeling a sense of uncertainty after Saturday’s Federal election. If a hung parliament does eventuate, each major party will be scrambling to align with minor candidates in order to achieve a majority in the lower house.

When Government is formed this way, many argue that the party in power has a reduced mandate, which in turn, means greater instability within Parliament... Continued

July 06, 2016 by Sarah Robinson

What does Brexit mean for Aussie borrowers?
What does Brexit mean for Aussie borrowers?

The fallout of Brexit has been felt by economies the world over. But what is the real impact here in Australia? According to economists, it may not be as devastating as we think.

What is Brexit? Unless you’ve been living under a rock this week, you have probably seen the UK’s EU referendum (AKA ‘Brexit’) plastered across social media and international news outlets... Continued

June 30, 2016 by Sarah Robinson

What does the 2016 budget mean for borrowers?
What does the 2016 budget mean for borrowers?

The 2016 Australian Federal Budget was released this month amidst criticism and controversy. Above-average income earners without children and families who earn around $125,000 come out on top, according to modelling conducted by NewsCorp.

But what about Aussie borrowers? We’ve taken a moment to look at what the new budget means for individuals and families paying off a mortgage... Continued

May 13, 2016 by Sarah Robinson

Should we get rid of negative gearing?
Should we get rid of negative gearing?

Should we get rid of negative gearing or should we let it stick around? This question has been the topic of big controversy in the property and investment sectors lately. Negative gearing is often blamed for high property prices, as well as preventing first homebuyers from stepping into the market.

But can we really live without it?.. Continued

March 18, 2016 by Sarah Robinson

Does property double every 7 years in Australia?
Does property double every 7 years in Australia?

Does property double every 7 years? Most savvy property investors know this is not the case in Australia. But is there some grain of truth behind this idea?

According to real estate commentator Michael Yardley, capital growth is the key reason people choose to invest in residential property. After all, every investor plays the game for some kind of return... Continued

March 03, 2016 by Sarah Robinson

EOFY in focus for Australian homebuyers
EOFY in focus for Australian homebuyers

The end of financial year is already upon us, which in our opinion, makes it a great time to review how Australian borrowers have fared over the past 12 months. Not to mention, what’s in store for next financial year.

The 2014/15 Financial Year in focus Big things happened in Australian finance during the 2014/15 financial year. Here’s what made our top 5:.. Continued

June 19, 2015 by Sarah Robinson

Can we learn from New Zealand?
Can we learn from New Zealand?

New Zealand finance minister Bill English recently touted the idea of introducing home loan limits to help tame the Australian property market.

The Reserve Bank of New Zealand implemented home loan limits in late 2013 as part of their ‘macro-prudential policy’. In short, they capped the ‘loan to value ratio’ of home loans in order to cool the housing market. (Find out more on ‘loan to value ratio’ or LVR here.).. Continued

May 01, 2015 by Sarah Robinson

WA Economy Knocked from Top Spot?
WA Economy Knocked from Top Spot?

Western Australia is no longer Australia’s top performer in the economic-stakes, according to a recent report from CommSec.

New South Wales trumped our mineral-rich state, rising from number 3 to the number 1 spot.According to previous CommSec reports, WA had held the number 1 position since July 2011. What does this mean for WA? The findings should come as no surprise to many Australians, given the slow pace of the mining and construction sector.Mining production and home building has overtaken the traditionally strong economic player.WA remains second the list, along with the Northern Territory, which is also driven by mining-investment. Housing a key factor Momentum in NSW is largely due to its active housing sector.The market is said to be catching up after ‘under-building’ for many years. Queensland & Victoria Queensland and Victoria are in the second tier group, according to the CommSec report, with no significant difference in economic performance.Growth in Victoria has been capped by high unemployment, despite a home building sector driven by high population growth.Queensland is said to be constrained by slow population growth and a soft job market. The bottom 3 The ACT now joins South Australia and Tasmania in the third bracket, coming in after South Australia.The ACT is feeling the effects of a weak job market, not to mention a decrease in consumer confidence.The report does indicate that South Australia and Tasmania’s unemployment rates are easing, which is encouraging. For more economic insights visit our blog. Or for support with finding the right home loan in Australia, talk to a Capita mortgage broker... Continued

November 20, 2014 by Sarah Robinson

Will Rates Increase on Melbourne Cup Day?
Will Rates Increase on Melbourne Cup Day?

The Reserve Bank of Australia has increased or decreased the cash rate 5 times out of 8 during its board meetings in November.

Australia’s leading economists are betting this year will be different. Here’s why... Continued

November 03, 2014 by Sarah Robinson



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