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Interest rates, rising prices put home ownership out of reach
RISING interest rates and higher home prices are pushing the great Australian dream of home ownership further out of reach, a new housing affordability report shows.
The latest Housing Industry Association-Commonwealth Bank of Australia Housing Affordability Report released yesterday shows Adelaide’s housing affordability dropped 8.7 per [...]

Australian housing market ‘a time bomb’
Australia, UK only two housing bubbles left
Would need to fall 42pc to return to trend
“As soon as rates go up, the game is over”
THE Australian and British housing markets are the last two bubbles left in the wake of the financial crisis, and it is only a matter [...]

A study has revealed that big banks have used the global financial crisis as an excuse to gouge customers while boosting staff pay packets and posting record profits for shareholders.
The University of Canberra study has found banks are overcharging customers through bigger profits on mortgages, higher fees and lower savings rates compared to before the [...]

AUSTRALIAN house prices are 50 per cent above fair value, warns the man who predicted the GFC.
Edward Chancellor, of US investment management firm GMO, says the Australian economy is yet to emerge from the global financial crisis, despite the widespread belief it has escaped the worst of it ahead of the rest of the world.
Mr [...]

australia property ,australia property news
So desperate are the property spruikers to keep the property lie going that they’ve embarked on new tactics. How long will it be until they fill the entire property section with just one story?
Why stop there. Why not the whole business section devoted to one property story spinning lies about the [...]

With the worst of the global crisis seemingly over, house prices on the rise and the end of the first home owners grant about to level the playing field, now seems like a good time to review the idea of property investment.
Buying a home to live in is the first step most Australians take into [...]

In fact, it’s not even the stock market we should be looking at – not directly anyway. It’s the banking sector and by extension, the property market that’s the real key to this.
Look, we’re no expert on Dubai. And we’re not an expert on Dubai property.
Actually, we’re not even an expert on the Australian property [...]