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More Adelaide properties have dropped in value over the last six months according to a new study, although the city’s inner-ring suburbs show strong growth.
NEWS & INSIGHT
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Many home owners who were prompted to borrow more in a rising market face negative equity.
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Australians are being warned to brace for more rate pain as banks predict a grim outlook for the year ahead.
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If you’re a worker and you didn’t receive a 50 per cent pay rise since the beginning of Covid, then you have gone backwards financially.
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The full impact of the Reserve Bank’s interest rate rises hasn’t flowed through to house prices yet, REA Group economist Angus Moore says.
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Zara founder Amancio Ortega, Spain’s richest person, expanded his global portfolio of commercial real estate last year.
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Unable to secure a rental in Perth’s overheated housing market, Chloe has been living in a van with her daughter, dog and two cats since October last year.
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Australia’s annual inflation rate in January eased, implying the worst of the price increases may be over.
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Australia’s property market has experienced a switch amid skyrocketing interest rates and a year of falling prices.
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A review commissioned by the treasurer and due to report to him by the end of March might recommend changes at the RBA.
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Sydney home sellers are discounting properties by their largest sum in years, as reduced buyer spending power forces them to slash their price expectations.
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While the banks have been quick to pass on RBA’s every cash rate increase, they have not matched all the decreases since June 2019.
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Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
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Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
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For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
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