‘Major worry’: New issue in house price crisis
The high cost of housing is seeing more Aussies move to regional areas, decimating a key part of Australia’s economy.
The high cost of housing is seeing more Aussies move to regional areas, decimating a key part of Australia’s economy.
The big four banks are profiting a huge $200k off the average Aussie mortgage by charging higher than neccesary interest rates, new research has found.
About 1 in 2 Aussie households are “teetering” on the brink of financial ruin as higher for longer mortgage rates force more families out of the market.
The ASX closed down 0.50 per cent on the final trading down of the week, following a horrid day on Wall Street with big tech earnings falling sharply.
A big four bank has noticed wages climbing upwards and says now is the time to score a better deal, with job vacancies at a 13-year high.
Australia’s top economists are increasingly predicting a sizeable fall in housing prices next year, with a major bank joining in.
The wine producer behind the iconic Penfolds brand says it is out of the “recovery” stage after being hit hard by China’s market “closure”.
The looming threat of Russia invading Ukraine has global financial markets on edge, with the ASX slipping after another negative lead from Wall Street.
A big four bank and another Australian financial giant have forecast when the RBA will lift rates amid high inflation.
BHP chief Mike Henry has joined mounting calls from businesses to reopen WA’s border, saying “at some point, things have to return to normal”.
Fears Russia is poised to invade Ukraine sent oil and gold prices higher, boosting Aussie producers of the commodities and lifting the ASX.
Russia invading Ukraine is expected to send oil prices even higher and either trigger another Bitcoin slump, or highlight what investors like about it, experts say.
Original URL: https://www.couriermail.com.au/business/breaking-news/page/191