Are Australia’s house prices becoming more affordable?

Published

3 years ago

April 26, 2021

Australia’s red hot house prices are set to begin cooling.

It comes in the period ahead as several factors, including strained affordability and likely lending curbs, combined with restrained prices according to Westpac Banking Corp.

The bank brought forward its forecast property gains for this year to 15%, from 10% previously,

The data reflects the current surge, while retaining its overall two-year expectation of a 20% increase,

Westpac noted that Sydney prices rose 3.7% last month, with the median property price gaining more than $1,000 per day.

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Warner Brothers & Discovery considers splitting up to boost stock value

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1 week ago

July 19, 2024

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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1 week ago

July 18, 2024

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.