Blog Archive
New home sales in Australia on a two and a half year high
. New Home sales grew by 7.5% in November quarter, according to figures released by the Australian Housing Industry Association (HIA) More than 7000 new dwellings sold during the month, a level not seen since May 2011.......
Chinese spend AU$5.3 Billion Dollars on Australian real estate property
. Chinese investors have spent approximately Aus$5.3 Billion Dollars on Australian real estate in the financial year 2012/13 And according to the Foreign Investment Review Board, Mainland Chinese investment has escalated by 75% over the past two years.......
Australian House sizes are getting smaller
. Australian homes remain among the biggest in the world but the average floor size has fallen to an 11-year low. The shift from building bigger homes is a profound one and illustrates how Australia's demographics and lifestyle drivers continue to change.......
Australian housing construction will help economy as population grows
. The Australian Bureau of Statistics (ABS) has released the latest figures which indicate Australia's population is set to double to 46 million by 2075. Short term projections show Australia's population nearing 26 million by 2020 and 29 million by 2030.......
Australians aged pension may go up to 70 years so you better save for retirement now
. Australia's Productivity Commission is putting forward the possibility of lifting the aged pension threshold to 70 years so this is a warning to get serious about saving for retirement.......
Head of World Bank says growth in global economy positive
. The head of the World Bank says growth in the global economy is proceeding in a positive way but there's still lot of work to be done to make sure it lasts.......