
Want to buy a house? You really should have started saving a decade ago
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.
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.
The Australian dollar would head towards US70 cents over the next year making imports and international travel cheaper, says the Queensland Investment Corporation.
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Queensland would need an annual increase in dwelling construction of 20 per cent, or an extra $50 billion, on top of baseline projections to meet booming population growth, according to an economic report.
The Reserve Bank could push mortgage rates well above 6 per cent next year, but data already suggests that 40 per cent of Queensland home loan borrowers were facing mortgage stress.
Three and a half decades since Paul Keating introduced us to Banana Republics and recessions we had to have, the shine has gone off economics, writes Shane Rodgers.
Capital city house prices would fall by 18 per cent as variable mortgages reach almost 6 per cent by the end of the year, according to the ANZ.