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Look how many more dwellings we’re going to need to build in Victoria

The recently revised Plan Melbourne forecasts the population of Melbourne is projected to grow from 4.5 million to almost 8 million, with Victoria’s total population set to top 10 million by 2051. Of course this will create some interesting social and infrastructure challenges.  For example, the city’s transport network will need to cater for around…

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Out-of-cycle rate hikes shake up the Australian home loan market

The cash rate may have been held for seven consecutive months, but this hasn’t prevented lenders from lifting mortgage rates independently of the Reserve Bank, with 11 lenders including two of the big four banks announcing rate hikes this month, according to finder.com.au, A new analysis by finder.com.au reveals 11 lenders have declared rate rises…

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