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Melbourne property skyline
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Melbourne Housing Market Update [Video] – May 2017

According to the CoreLogic results, dwelling values increased by 0.1% across the combined capital cities in April, with housing market conditions slowing in both Sydney and Melbourne.  The result for the Melbourne property market was also lower than previous months of 2017, with dwelling values up 0.5% over the month. Melbourne values increased slightly more…

recession australia note money economy squeeze tighten save saving budget cut
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Three reasons why the risks for the Australian dollar are still on the downside

In an Oliver’s Insight, Dr. Shane Oliver, chief economist of AMP Capital discusses concerns around the Australian dollar.  In January 2016 the Australian dollar fell to just above $US0.68, its lowest level since 2009 and down 38% from its 2011 high. But since then, after a brief rebound, it has been stuck in a range between $US0.72 and…

economy
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Weekly Economic Update: Dismal wages growth makes a joke of budget forecasts

The government’s best ideas for how to grow wages and incomes do not inspire confidence, writes… Richard Holden, UNSW This week: investor loans continue to rise, unemployment ticks down, wages growth remains distressingly low, and consumers are unconvinced the budget will improve their financial situation. Now that Australia’s two major political parties (and the Greens)…

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