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Beware of the unintended economic consequences ahead  | Property Insiders [Video]

Well, the results of the 2022 Federal Election are in, and Anthony Albanese will be Australia’s 31st Prime Minister. In his victory speech he said wanted to “bring Australians together” and that “together we can work in common interests with business and unions to drive productivity, lift wages and profits.” He explained he wanted “an…

We’re in a 2 speed rental market

We know rents are rising across Australia, but the latest inflation data from the Australian Bureau of Statistics gives some interesting insights. Rents in all capital cities rose over the first three months of the year, and this is not really surprising considering the current 16-year low vacancy rates across Australia. However while Sydney and…

Australia’s childcare blackspots: The suburbs with no access to care

There are around 9 million Australians (which accounts for 35% of the population) living in suburbs classified as ‘childcare deserts’, where children outnumber childcare spaces by more than 3-to-1. A new report, published by the Mitchell Institute and Victoria University, maps out the shortage of childcare services across every neighbourhood in the country and compares…

8 ways into the property market with a small deposit

The Australian property market boomed amid the pandemic, with prices reaching record highs thanks to high demand, low supply, and low-interest rates. While the market has cooled since then high prices and rising interest rates mean it’s still as difficult as ever for first-home buyers to get into the market. Couple this with today’s rising…

Another modest wage rise confounds RBA - real wages crash to record low

Wage growth levels have remained steady this year with annual increases trickling up marginally. Real wage growth (the difference between wages and inflation) however has crashed by a record low level – with consumers now also confronted with the extra costs of higher interest rates. The ABS reports that the Wage Index seasonally adjusted increased…

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