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Showing 61 - 70 of 318 results for "House prices"

Costs spiral for baby boomers

ALLY SELBY  |  TUESDAY, 18 FEB 2020
... Aussie retirees will have to fork out an extra $1292 a year to live comfortably, and they have the drought and rising house prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter ...

Uncertainty remains for global outlook: TCorp

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
... the number of properties for sale will result in a moderation of house price gains." The report also predicted that house prices in Australia will grow by a further 5% in 2020, following in the footsteps of the 2019 surge. "Continued rapid house price ...

Millennials not attracted to property

ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
... the average Australian property has risen by 187%," he said. "For those born in 1950, the greatest appreciation in house prices has occurred over the past 20 years, a period of time that has coincided with falling interest rates and low inflation." Generation ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... stabilization and the outlook for resources. Continues to see support for household income coming from stabilizing house prices. No longer describes housing conditions as soft, instead highlighting further signs of a turnaround in Sydney and Melbourne. ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... wealth, with the average household super balance nearly doubling over the last 12 years. Meanwhile, long term growth in house prices have seen home ownership contribute to greater wealth for the average Australian. "While ABS data has shown that there ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... construction activity strengthened in the March 2019 quarter, growth in the services sector continued to slow. Softer house prices and subdued business sentiment continue to dampen domestic spending." "The global economic outlook has weakened, and downside ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... closer to retirement age, the less time it will take to recover from such shocks. Then there is the investment risk if house prices fall. The home still remains as Australians' greatest source of wealth, Wood said. As for why more Australians are retiring ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... CIS points out that since compulsory super contributions were introduced in the early 1990s, the ratio of average house prices to incomes has continue to worsen - though it does explain that correlation does not equal causation. The average deposit as ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... sound residential lending standards at a time of heightened risk. Although many of those risk factors remain - high house prices, low interest rates, high household debt, and subdued income growth - two more recent developments have led us to review ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
... The bank expects the GDP growth to hold at 2.2%, inflation to remain low, and employment growth to likely slow. "House prices are likely to remain soft and home building is set to reduce through 2019 and into 2020. We expect system housing credit growth ...