While today’s latest inflation data (CPI) could be enough for the RBA to cut the cash rate next month, the big four banks are still split on the timing. The ABS December quarter CPI data recorded headline inflation at an annual rate of 2.4%, down from 2.8% in the previous quarter, however, this was in…
What happens in America rarely stays in America. When Donald Trump, as President-elect, proposed tariffs on goods imported from Mexico, Canada, and China, it sparked debates about the potential ripple effects on global economies, including Australia’s. While these tariffs are designed to encourage domestic manufacturing and reduce trade deficits, the unintended consequence is likely inflation….
Has your wallet felt a bit heavier lately? Well, you’re not alone. Across the country, Australian households have seen their wealth jump significantly. As of the September 2023 quarter, the nation’s household wealth surged by $339.4 billion, a robust increase of 2.3%. Household wealth rose for the eighth quarter in a row, according to the Australian…
Why are we blaming international students for Australia’s housing crisis? In recent years, as housing affordability has worsened across Australia, international students have been thrust into the spotlight as a scapegoat. It’s an argument that’s tempting in its simplicity: more students mean more demand, which pushes up rents. But the reality? It’s a lot more…
Why are so many Australians left without a place to call home? The latest homelessness data released by the Australian Institute of Health and Welfare (AIHW) paints a stark picture of an issue that’s no longer confined to society’s most vulnerable—it’s unfortunately becoming a crisis for everyday Australians. Over 280,100 Australians sought help from specialist…
Imagine living on a street where the median house price rivals the GDP of a small nation. Now, picture the breathtaking harbour views, iconic mansions, and prestige that come with it—welcome to Australia’s most expensive streets. Australia’s elite real estate hotspots From Sydney’s shimmering coastline to Melbourne’s leafy enclaves, certain streets are synonymous with wealth,…
