millennials save money

‘Further cooling’ ahead for housing as annual credit growth hits all-time low

Australian annual housing credit growth sunk to 4.2% in February, the lowest rate for records that date as far back as 1977.

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millennials save money

Land lot prices rising despite shrinking lot sizes

Australia’s median land lot size shrank to from 422 to 420 square metres in 2018, but that didn’t stop the median lot price from rising around the country.

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millennials save money

‘We’re ready to lend’: ANZ boss flags easing of restrictions

In a speech today, ANZ CEO Shayne Elliot said the big four bank may have been “too cautious” with its lending recently, but is now “easing back” on restrictions.

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millennials save money

Average petrol price hits 4-month high

The national average price of unleaded petrol in Australia rose 9.1 cents last week to hit 143.7 cents a litre, according to the Australian Institute of Petroleum.

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millennials save money

Morgan Stanley forecasts RBA rate cuts in November and February

Global investment bank Morgan Stanley has joined the growing party of forecasters expecting Australia’s central bank to cut the cash rate in 2019.

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millennials save money

Price-rise expectations hit two year low

Aussies expect prices to rise by only 4% per annum over the next two years – the lowest this expectation has been since November 2016.

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millennials save money

Top concerns facing home loan borrowers in 2019

New research has revealed what Australian borrowers are most worried about for the coming year.

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millennials save money

Average Aussie home price falls to $651,100

The average residential dwelling price in Australia fell $15,700 in the December 2018 quarter, largely driven by price falls in Sydney and Melbourne.

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millennials save money

Australia’s income tax rate set to hit 2nd-highest rate in history: Deloitte

An average tax of 20 cents in the dollar of wages and salaries is set to be paid in the 2021-22 financial year, according to projections by Deloitte Access Economics.

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millennials save money

Residential land prices defy falling demand, continue to rise

Despite a fall in demand, the price of land in Australia for new residential building has continued to rise, according to a new report.

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