The right financial solution

Land shortages driving prices to new records.

The median price of a residential block of land has hit new records due to shortages on land, the HIA has found. According to the HIA-CoreLogic Residential Land Report, the national median price of a residential block of land has hit $340,000 as of the September quarter 2023, reaching a new record high. Housing Industry Association (HIA) senior economist Tom Devitt has said this figure represents a new record high, increasing by "more than a quarter compared to before the pandemic". Mr Devitt stated that shortages of "shovel-ready land" resulted in price surges for lots during the COVID-19 pandemic, while the volume of lots being sold has "plummeted to 20-year lows". read more

BOQ great niches

BOQ have some great niches with how they look at servicing home loan debts. Some examples include:- read more

RBA could consider rate cuts before inflation target

The central bank may not wait for inflation to return to its target band before cutting interest rates, the RBA governor has said. read more