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Strongest property market last month was: Melbourne

Figures to be released by CoreLogic RP Data on Monday will show that once again Sydney and Melbourne’s property market performed strongly. Dwelling price growth in Melbourne is expected to hit a record high in July with property values rising 4.8% in the last 30 days, up from 2.9 per cent growth in June. In Sydney, house prices…

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The Australian dollar doing what it normally does – overshoot

The Australian dollar still has further to drop. It’s predicted the downtrend in the $A will help the Australian economy and share market, but highlights the case for global investments denominated in foreign currencies. In the most recent Oliver’s Insight, Dr. Shane Oliver, chief economist of AMP Capital, discusses the current position of the Australian dollar. Here’s…

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