‘Far worse’: Hidden sting for Aussies
Australians have dealt with spikes in inflation before, but there’s a worrying detail that could make the coming months even more difficult than we’ve seen before.
Australians have dealt with spikes in inflation before, but there’s a worrying detail that could make the coming months even more difficult than we’ve seen before.
An Australian commodity is a whopping six times higher than it was pre-pandemic. But this huge boom could be about to come to an end thanks to China.
One capital city is bucking the trend with house prices still holding strong, while another capital city clings on too.
Australia’s devastating rental crisis could have just about reached its peak as rents in some areas fall, but an alarming number of renters are in trouble.
It only got stronger during the pandemic but now this industry is facing a reckoning and all signs point to a big bust.
Australia’s “luck” relies on China and it seems as though that luck is about to run out. The ramifications could be far reaching.
RBA analysis has shown that certain mortgage payers could see their repayments increase by a whopping 60 per cent.
A lot has changed in Australia, particularly in real estate. Few things sum up how tough things are getting more than this 20-year comparison.
The Chinese government’s attempts to punish Australia’s economy have been extensive – but there’s one key area it can’t afford to touch.
Australia and New Zealand have lots in common but there’s one way Aussies will hope we don’t emulate our trans-Tasman neighbours.
Original URL: https://www.news.com.au/the-team/tarric-brooker/page/16