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

National Australia Bank (NAB) this week released the results of their monthly business survey which showed business conditions softened over the month, continuing a trend that has been evident since July 2016. The business conditions index was down 2 points over the month to a reading of +5.3 after recording a recent high of +12…

Melbourne Housing Market Update [Video] - December 2016
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Melbourne Housing Market Update [Video] – December 2016

Melbourne has finished November with the the lowest rental yielding market for houses, averaging 2.8%.  The soft performance across the combined capital city reading was attributable to a 1.5% fall in the Melbourne index, while all other capital cities recorded a positive month-on-month result. Delving into the Melbourne property market results in more detail showed that…

Australians the world's 2nd richest
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Australians the world’s 2nd richest

Oz in second spot  Which are the wealthiest countries in the world? After Switzerland (US$562,000), comes Australia (US$375,600), according to the latest Credit Suisse Global Wealth Report. Australia actually scores higher still on a constant exchange rate basis at US$433,200. Second in the world, how about that? Spoiled Australians are in another world when compared…

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