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Brisbane as a tourist town, who would have thought?
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Noosa has retained the crown of Queensland real estate capital with a median price of $1.3 million dollars, almost twice the median of the rest of the state, according to the Real Estate Institute of Queensland.
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The Reserve Bank board will meet next week with the news that inflation plunged to 4.9 per cent for the year to the end of October.
Domestic tourism in Queensland hit the brakes this year with a decline of 6 per cent expected as Australians returned to overseas travel and high interest rates hit spending.
It now takes more than 10 years on average to save enough for a median priced home in Australia, according to the ANZ CoreLogic report.
They made enormous wealth from iron ore but Clive Palmer and Andrew Forrest have trod very different paths since then. Only one is likely to go well from here, but it’s so hard to see which one, writes John McCarthy
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