economy update

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US GDP data points to a US rate rise in December, and Australia’s housing affordability problem won’t be helped by current declining building approvals, writes… Richard Holden, UNSW Australia This week: US GDP data points to a US rate rise in December, and Australia’s housing affordability problem won’t be helped by current declining building approvals….

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It’s time for our monthly check on how the property markets are performing around Australia, and looking back over the year they have generally surprised on the upside. Here’s what Corelogic’s latest stats and graphs show: Combined capital city home values increased by 0.5% in October with values rising in all capital cities except for Adelaide…

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Following Donald Trump’s victory at the 2016 United States presidential election, global financial markets were shaken, stocks and commodities slumped, and currencies fluctuated wildly.  By Wednesday, markets had recovered as investors shook off the shock of a looming Trump presidency and began to focus on whether Trump’s policies would spur a still-fragile global economic recovery….

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How can we explain that wealth is associated with protectionism and support for populist leaders? asks… Jolanda Jetten, The University of Queensland and Frank Mols, The University of Queensland With Britain voting to leave the European Union, the revival of One Nation in Australia and Donald Trump continuing his campaign for the US presidency, it looks…

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We’re now into the last quarter of the year and so far the property markets have surprised us on the upside, performing much stronger (particularly in Sydney and Melbourne) than most commentators forecast at the beginning of the year CoreLogic recently released their latest market figures so let’s have a look at what’s happening as well as some of…

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Ratings agency S&P seems unconvinced of the Australian government’s ability to reduce the budget deficit writes… UNSW economics professor and Harvard PhD Richard Holden in his  weekly economic wrap. This week: The RBA leaves rates on hold, while consumers stand on the sidelines, and ratings agency S&P isn’t convinced of the government’s ability to reduce the budget…