Australia’s population is set to reach 25 million, at around 11pm on Tuesday 7th August, twenty four years earlier than expected. It was previously predicted in the 2002 Intergenerational Report that we’d reach this milestone in 2042, but we’ve managed to out do ourselves and get there 24 years earlier. How We Know When We Will Hit…
One in five Aussies believe will never be able to afford their own home and will be stuck renting for life. Clearly housing affordability remains a high hurdle for many Australian household as research released by finder.com.au found that 3.6 million renters believe they may be renting for the rest of their life”. The survey…
Aussie mateship is still high in our suburbs, with 3 in 4 Aussies trusting their neighbours, according to new research. Surprisingly, more respondents would leave their pet with their neighbour while they’re away (49%) than trusting them with their home keys (46%). The data reveals only one in four Aussies don’t trust their neighbours. The…
Australians are losing about $1 million a week to investment scams according to Scamwatch by the ACCC This represents an average month on month increase in losses of 117 per cent compared to last year. Interestingly, men (63.5% of scam reports) are twice as likely as women (33.8% of scam reports) to be targeted by…
If the mere thought of an auction gives you heart palpitations, buying a property through private treaty is the logical way to avoid the stressful bidding war. But what happens when you make an offer on a property, only to discover you’re not the only interested party?! You’ve entered guerrilla territory, but never fear — it…
Now, more than ever, people are time poor and, as buyers, prioritise convenience, lifestyle and amenities as part of their real estate requirements. Time and again we are seeing previously affordable suburbs skyrocket in median property prices and, while proximity to the city remains a strong draw card, home buyers and investors are regularly buying properties based…
Home lending is on the improve according to data released by the Australian Bureau of Statistics (ABS) this week. The number of approvals rose by a seasonally adjusted 1.1 per cent in May from April, showing the first improvement in six months. The value of owner occupier financing drove the increase, offsetting another modest decline in…
We all seem to complain about paying tax. Have you ever wondered how your own situation, your take home pay after tax, compares to workers in other parts of the world? Well you’re about to find out… The Organization for Economic Co-operation and Development (OECD) tracks both the average wage earnings and taxation figures for each of its…
How much do you spend on your credit card? If you’re like me it’s probably the way you pay for many of your transactions. Recently stats from the Reserve Bank of Australia confirm Australians are relying on credit cards for spending more than ever. Now there’s nothing wrong with this as long as you use…
How much of a premium would you be prepared to pay to live in a school zone? Melbourne school catchment zones can add instant appeal to your property and clearly some people are prepared to pay a lot according to REIV data showing that homes located within the catchment area for some of Melbourne’s best public…
