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Posts Tagged ‘GFC’

House prices rise – Tentative Signs of Market Recovery

Median house prices have risen nationally for the first time since September 2010, indicating early tentative signs of recovery in the housing market, according to Australian Property Monitors’ Quarterly Housing Report.

Following five consecutive quarterly falls, national house prices increased marginally in the December quarter, though units fell (-0.5 per cent).

The rise in the national median house prices reflects activity in the Sydney and Melbourne housing … Continue Reading »

Brighter outlook for prices this year after slow start

Reprinted courtesy of APM – Andrew Wilson, January 15, 2012 (as published in The Sydney Morning Herald at smh.com.au)

Despite difficult circumstances, the Sydney housing market generally performed solidly last year.

After unsustainably  strong  price growth in  2009 and into 2010, and numerous interest rate rises, housing affordability and buyer confidence had tumbled by the start  of last year.

The  unemployment rate in Sydney began to rise … Continue Reading »

Health over Wealth. Love over Money.

Australians consider their health, family wellbeing and love to be the most important measures of their prosperity, over solely their financial status, according to the results of a national survey launched today. But whilst these family-oriented values play an important role in our overall wellbeing, only half of us consider ourselves to be prosperous, as the year draws to a close.

The Prosperity Survey was … Continue Reading »

Yellow Brick Road – The Super Debate

Every Australian worker has two sometimes confusing but necessary things in common – superannuation and taxation. Recently, super has become a hot topic with sides forming to debate whether or not compulsory super is actually beneficial. The proposed launch of a government default fund called ‘My Super’ has fuelled the fire, and people have started asking questions like whether or not they should be able … Continue Reading »