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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Why the meme-stock frenzy is unlikely to repeat

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4 days ago

May 14, 2024

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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4 days ago

May 14, 2024

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

Published

5 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending