Population and the pressure on infrastructure are shaping up as key election issues. Here’s what the Opposition spokesman on these issues, Anthony Albanese, says are the problems and the solutions. A few years back there was a popular genre of computer games that allowed players to build civilisations from the ground up. Players would build […]
11 December 2018 | Daily Top Story: Australia’s Housing Market Records the Weakest Conditions Since the Global Financial Crisis
The release today of the CoreLogic November hedonic home value index results confirmed that national dwelling values slipped by 0.7% over the month, led by Sydney where the drop was double the national average. Headlining the November results, the CoreLogic hedonic home value index recorded its weakest month-on-month change in dwelling values since […]
10 December 2018 | Daily Top Story: Auction Activity Quieter Year-On-Year With 2,689 Homes Taken to Auction
There were 2,689 homes taken to auction over the week, down from the previous week when 2,745 auctions were held, and much lower than this week last year when 3,438 auctions were held across the combined capital cities. Preliminary results show a clearance rate of 46.9 per cent this week, increasing from last week’s final […]
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31 MAY 2019 | Daily Top Story: How much more home buyers would be able to borrow under proposed lending changes
Home buyers will be able to borrow about 9 per cent more if bank regulators pull the trigger on proposed changes to the way loan applicants are assessed, projections show. The Australian Prudential Regulation Authority announced Tuesday it would review a current requirement that banks assess borrowers’ serviceability based on a minimum 7 per cent […]