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The week that was in property
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The week that was in property

The National Australia Bank (NAB) released the results of their monthly business survey for May 2016 earlier this week. The survey found that the index of business confidence fell 2 points to a reading of 3 over the month while the index of business conditions was steady over the month with a  reading of 10 points….

Unemployment steady at 5.7 per cent
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Unemployment steady at 5.7 per cent

Employment inches higher. The May Labour Force figures recorded employment moving +17,900 higher to a total of 11,930,700, with a downward revision to the result for April. Not a bad result, although all of the new jobs were part time in nature. Since 2013, well over half of newly created employment has been in part…

Short-term visitor arrivals are booming
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Short-term visitor arrivals are booming

As the mining boom continues to slow and the housing construction boom looks to have peaked, tourism looks set to be the next sector to pick-up the slack with short-term arrivals to Australia now at record highs. The Australian tourism sector is reaping the benefits of the lower dollar with annual short-term arrivals to Australia…

Half of all Baby Boomers aren’t prepared for retirement
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Half of all Baby Boomers aren’t prepared for retirement

1 in 2 Baby Boomers aren’t prepared for retirement! According to data from RaboDirect’s 2014 Financial Health Barometer the worrying reality is that more than half of Aussie Baby Boomers currently believe they’ll run out of money and need the aged pension, while many others will have to significantly scale back their lifestyle. Retirement plans The survey asked participants…

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