Aussies lost $851million lost to scams last year as the Covid Pandemic became a fraudster breeding ground. A recent study in the US ranked the 10 apps where people are being scammed the most in 2021 and Facebook came in at No. 1. A record $4.2 billion was lost to online scams in 2020 in…
Millennials are the first truly mobile generation -they shop and socialise online, embracing all that digital native life has to offer. It’s no surprise they do things differently to previous generations and in the latest McGrath Report, real estate doyen John McGrath explores how the largest portion of Australia’s population: Think about homeownership Tackle the…
Lockdowns continued to keep a lid on credit card spending in August, according to the latest Reserve Bank of Australia credit and charge card data . The latest Reserve Bank figures show lockdowns and the limited ability for a large portion of Australians to spend likely contributed to a reduction in the number and value…
More than 30,000 Australians relocated to the Sunshine State in 2020, a 15-year high. In the three months to last December, almost 5000 moved north just from Sydney and Melbourne. With a population of roughly 3.7 million, Queensland’s southeast corner is already the nation’s fastest-growing zone. Forecasts suggest it will top five million by the…
What an incredible year it’s been for property prices around Australia. Our major capital cities have seen price growth upwards of 15% – 20% and there is even more growth predicted. What has caused this once-off-type event that has seen property prices soar, with no end in sight? Rewind 12 months and we were supposed…
Did you know there are now 32 suburbs around Australia where a $2 million budget will only buy you an ‘entry-level’ premium house? New data shows that the median property price for these pricey suburbs has surged past the $2 million mark in just 7 months. And there’s another 15 expected to join the list…
Worrying new figures from the Australian Banking Association show 37 per cent of Australians have lost money to a scam or have a family member or close friend who has. The research also found: 99% of Australian adults have been exposed to a scam or fraud. 66% deal with a scam attempt every week. 29%…
In 2021 Australian house prices rose at their fastest rate in more than 17 years. As the world navigates its way out of the COVID-19 and we embrace the silver linings that have risen from the pandemic, the value of the Australian property market continues to shine. But what lies ahead? What changes to the…
How has the shift to blended working and strict international travel restrictions impacted the holiday rental and holiday home market? In the 2022 McGrath Report real estate doyen John McGrath explores: The rise of the digital nomad and workcations The surge in domestic tourism and where holiday rental demand is centred How the perfect storm…
The records continue to tumble when it comes to the impact of the pandemic on Australia’s population. The imposition of international border restrictions from March 2020 saw Australia’s population grow by 35,700 people – the slowest pace since at least June 1981 when ABS records began. Net overseas migration was 95,300 over the year to…
