'People need to take responsibility for their own actions': REIWA President praises Westpac decision
Real Estate Institute of Western Australia President Damian Collins has come out in support of the decision to dismiss legal action against Westpac from the corporate regulator, describing it as a "positive for lending".
Good news for homebuyers and renters in latest CPI figures
Australia’s consumer price index update, released on Wednesday, has exceeded economists forecasts, rising by a solid 0.5 per cent in the December 2018 quarter.
Latest CPI figures spells "good news for home buyers and renters" says industry body
The Real Estate Institute of Australia (REIA) says the latest CPI figures brings good news for renters and home buyers, as interest rates remain stable.
Housing finance figures released by the Australian Bureau of Statistics show the number of loans for housing has continued to decline over the last eight months, according to the Real Estate Institute of Australia (REIA).
Royal commission highlights drastic need for property investment advice regulations
The banking royal commission has highlighted the drastic need for property investment advice regulation, according to the Property Investment Professionals of Australia (PIPA).
Australia could face 'credit crunch' if banks significantly tighten lending standards: UBS
If the banks tighten credit standards in the wake of the scandalous findings of the royal commission, we could see weaker house prices for a few years as house prices are largely determined by the availability of credit, says UBS.
