Categories
Economy Real Estate

Melbourne’s Property Recovery

#Melbourne #Property #RealEstate After six months of the lowest sales in years, is Melbourne’s property recovering? Or is it just a combination of limited supply and the insane number of rate cuts? References Melbourne real estate: market recovery blossoms in spring https://www.realestate.com.au/news/melbourne-real-estate-market-recovery-blossoms-in-spring Slowest six months of sales on record in Melbourne: ABS https://www.realestate.com.au/news/slowest-six-months-of-sales-on-record-in-melbourne-abs/?rsf=syn:news:nca:hs:spa

Categories
Property Real Estate

Real Estate Agents Sell Out

#RealEstate #Property #Sydney Real Estate baron John McGrath sells his last property. Agent’s exiting the market is surely a sign of a boom? References ‘Mr Real Estate’ offloads his last propertyhttps://www.theage.com.au/business/companies/mr-real-estate-offloads-his-last-property-20190922-p52tst.html

Categories
Property Real Estate

The Property Market Rebound

#Property #RealEstate #Australia Another good weekend for the property market is leading some pundits to claim are rebound is underway. I am much too sceptical. References Property market has a spring in its step, but a rebound is not yet in the bag https://www.abc.net.au/news/2019-09-22/property-market-spring-price-rise-still-has-challenges/11529452?section=business

Categories
The Ralan Group

Investors Lose Millions in the Ralan Group Collapse

#RalanGroup #Collapse #Investing Investors are losing millions of dollars because of the Ralan Group Collapse. Buying off the plan isn’t risk-free. References Chinese-Australian property investors stand to lose millions in collapse of apartment developer Ralan Grouphttps://www.abc.net.au/news/2019-09-17/property-developer-collapse-sees-investors-facing-huge-losses/11492920

Categories
Economy

More talk of Negative Interest Rates

#Economy #NegativeInterestRates #RBA Talk of Negative interest rates is appearing more frequently in Australia media. References Reserve Bank may slash rates to 0.25 per cent, but ‘reluctant’ to dip into negative territory https://www.abc.net.au/news/2019-09-14/rba-interest-rate-cuts/11510102?section=business

Categories
Economy

Calls for Direct Stimulus to Avoid the Recession

#Australia #Economy #Recession Calls for direct stimulus to avoid the recession, although everything is still fine. References ‘Time to open your wallet ScoMo’: How Australia could dodge a devastating recession https://www.news.com.au/finance/economy/australian-economy/time-to-open-your-wallet-scomo-how-australia-could-dodge-a-devastating-recession/news-story/20922d3c81d87d48ee3ac3c43ce31eb5

Categories
Economy

Australia’s Household Debt Crisis

#Debt #Economy #Recession Australia’s high household debt levels are putting us at risk of a global shock and the debt levels continue to rise. References Global debt bomb fallout threatens Australian economy https://www.abc.net.au/news/2019-09-12/debt-bomb-fallout-threatens-australian-economy/11505248?section=business https://tradingeconomics.com/country-list/households-debt-to-income

Categories
Economy

9 reasons why Australia is not heading for recession

#Recession #Australia #Economy Let’s look at nine arguments for why Australia isn’t heading to a recession and then discover the one result that changes everything. References OEChttps://oec.world/en/profile/country/aus/ Australia’s Population Growth Outstrips Water Supply https://www.youtube.com/watch?v=H3iyi_EFBVQ Australia’s Unemployment Rate hits 9.2% https://youtu.be/rDHmSao_GEw Roy Morgan Unemployment & Under-employment Estimates (2005-2019)https://www.roymorgan.com/morganpoll/unemployment/underemployment-estimates A Complete List of Australian Infrastructure Projectshttps://blog.iseekplant.com.au/australian-infrastructure-guide Australia […]

Categories
Economy Real Estate

Auction Clearance Rates – 8th Sept 2019

#Auction #ClearanceRates #Property Let’s look at the Auction Clearance Rates for the 8th of September 2019. References

Categories
Property Real Estate

Sydney Housing Prices Predicted to Rise

#Sydney #Property #RealEstate Sydney housing is predicted to rise this spring season. Will the lack of consumer confidence in apartments drive people to housing? References To buy or not to buy? Australian housing prices set to shift https://www.news.com.au/finance/economy/to-buy-or-not-to-buy-australian-housing-prices-set-to-shift/news-story/42e94e8076362fbe9f296ec6c9023094