According to the latest report from SQM Research vendors lifted their asking prices by 0.5% for houses and 0.9% for units this month.
It was the best of times…it was the worst of times. These were the words seem as relevant describing the Melbourne property market today as they were when they were when written by Charles Dickens over 150 years ago in A tale of Two Cities. The latest RPData stats show that overall Melbourne dwelling prices [...]
Many young Australian families are having difficulty getting a foot on the rungs of the property ladder and the common catch cry is “property is unaffordable.” Some blame the high cost of housing on greedy developers while others blame ugly wealthy property investors using tax dodges like negative gearing. But is that really the case?
Despite a slowdown of credit card use, too many card holders are holding onto their debt, according to Australia’s leading financial comparison website RateCity.com.au. Total credit card debt is currently just over $50 billion according to the latest Reserve Bank figures, and has been between $48 and $50 billion for the past two years.