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Homes in Sydney and Melbourne sell faster
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Homes in Sydney and Melbourne sell faster

CoreLogic research out today confirmed that although values have been increasing for almost 4.5 years, homes are selling rapidly and with low levels of discounting required from vendors.  Using vendor discount and time on market metrics measures to gauge current market conditions. The vendor discounting metric looks at properties selling for less than their original…

Comparing Happiness across Countries
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Comparing Happiness across Countries

How happy are you?   There is no doubt that the positive or negative view that we have of our lives is of huge importance to each of us. How do you measure happiness? Researcher Max Roser suggests using this definition given by the ‘World Database of Happiness’: ‘Overall happiness is the degree to which…

Major strata law changes
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Major strata law changes

Strata laws are changing and they will have an impact on the millions of people living in strata properties in NSW. The new strata laws will start on 30 November 2016. If you own a Strata property you will need to understand and embrace the changes. Why is the need for changes?  On 1st July,…

The demographic dividend (40 million)
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The demographic dividend (40 million)

Last year’s Intergenerational Report projected that the population of Australia will likely expand to around 39.7 million by 2055, while inferring that:  lower immigration would lead to slower economic growth; lower immigration would lead to an ageing population; and lower immigration would lead to lower participation rates (with an adverse consequences the tax take). Recently the Productivity Commission…

How Are Australia’s State Economies Getting On?
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How Are Australia’s State Economies Getting On?

Industry analyst and economic forecaster, BIS Shrapnel have rolled up their sleeves and taken an in-depth look at Australia’s economy, breaking it down state by state in their recently released Economic Outlook Bulletin. Their findings revealed that New South Wales is poised to take over the number one spot from Victoria in terms of economic…

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