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This week’s Australian Property Market Update – Latest Data, State by State 12th April

Residential property market momentum has continued to surge through the start of April. As we hit the middle of the month we can see the five capital cities have already eclipsed last month’s 2.1% gain, rising 2.8% so far. We’re well on track for double-digit growth this year with some markets likely to achieve this…

Money lessons we can take away from COVID-19

There is no doubt that COVID-19 will be remembered as a lifetime event that changed the world forever. This unprecedented pandemic continues to destroy many families with the death toll rising daily, and crippling the global economy at large. Just like any other crisis that has come and gone, there are lessons we can all…

How Many People Die Each Day? [Infographic]

While we seem to have Coronavirus under control in Australia, but overseas COVID-19 pandemic rages on and the media continues to rattle off statistics at full force. However, without a frame of reference, numbers such as the death toll can be difficult to interpret. Mortalities attributed to the virus, for example, are often measured in…

Insights into a post COVID recovery

Understanding how Covid lockdowns have impacted certain individuals and industries, helps to inform us about how quickly the economy and markets may recover. With this in mind, I thought it was useful to share a number of charts published recently by the RBA and banks which provide important and interesting insights. Covid has discriminated against younger workers…

Has COVID-19 changed real estate forever?

Has COVID-19 changed real estate forever? A report from real estate company McGrath has concluded the pandemic will certainly cause sectors of the population to adjust both their way of thinking and their behaviour in a permanent way. The home The virus has prompted many Australians to reassess their lives and make new choices for…

Deflation and low rates support dwelling values through the pandemic, but could weaken the position of non-home owners

The latest CPI results from the ABS showed a 1.6% increase in the consumer price index over the September quarter. The increase was the highest quarterly result since 2006, and adjusting for a strong rise in inflation takes some shine off the recent value increases seen across smaller capital city housing markets in the period. Factoring…

A guide to smart money choices for your age group

Life is a journey – sometimes positive sometimes negative – it’s certainly not a straight line. Right now many people are feeling flat, having been whacked with COVID-19 – with many feeling financial pressure like never before. It’s important to keep perspective and realise that your current situation is not permanent. As humans we all…

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