EDITORIAL
Hello and a warm welcome to the last of our newsletters in this monthly format. You will by now have received the new weekly edition where we aim to provide you with regular updates of the most relevant and topical issues in the property industry. However for those of you who prefer this version of the newsletter, rest assured we are not taking anything away – you can still expect to receive a quarterly edition for the foreseeable future.
In our feature articles this month we take a look at the ANZ’s shortsightedness in applying further lending restrictions to particular postcodes; how the Queens Wharf development will affect the city of Brisbane; and what the Household Income and Wealth Survey reveals about over-indebted households – the results are not necessarily what you’d expect. The ANU’s Shadow Reserve Bank has put the cat among the pigeons with predictions of an interest rate rise within six months; however this is at odds with Westpac’s chief economist Bill Evans, who correctly predicted the RBA’s dramatic rate cuts. And, as expected, at its Monetary Policy Decision meeting today, the RBA left the cash rate unchanged at 1.50 per cent.
Properties featured this month include 34 Hows Road Nundah, Oasis 1 at Wooloowin, Ozone Apartments at popular Mitchelton, and Dunkirk Place Apartments at neighbouring Gaythorne.
To find out what is on this month in the River City, go to Brisbane Industry Toolbox – a comprehensive guide to Queensland’s capital. Here on these pages you’ll find an inspiring collection of places to explore in and around Brisbane – from the natural pleasures of parklands to the urban appeal of art galleries, wining and dining, urban village hotspots, nights out on the town, boutique hotels, shopping, cinemas, and everything in between.
With warm regards from the team at Partnership Property.