News Limited is today warning first home buyers to hold off buying now, spreading rumours the Australian property bubble is about to pop. How irresponsible! Maybe they hope to increase the number of listings in their newspapers and part owned RealEstate.com.au. » Australian property prices ready to pop? – News …
The International Monetary Fund (IMF) this week warned Australia’s budget position over the past 6 months is deteriorating at the fastest pace of any of the world’s 29 most advanced economies. “Australia will need massive budget savings of about $90 billion if it is to stabilise its government debt by …
Under the front page headlines of Guarding the global economy’s biggest risk, the Weekend Australian Financial Review provides us a chilling insight to the cracks emerging in China’s unprecedented property bubble. The Financial Review’s Angus Grigg writes Security guards, wearing army green, provide the first hint of trouble. An even …
As widely feared, Chinese appetite for Sydney and Melbourne real estate has caused house prices to surge in Australia at the fastest pace since records started 18 years ago. According to data released today from RP Data, Sydney house prices have increased at an unsustainable 15.6 per cent year on …
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