House Prices Surge As Listings Slip
Housing values have surged to record highs across all capitals except Perth and Darwin, with more growth expected in coming months as strong demand from buyers chases a dwindling number of listings.
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Future Fund Warns Of Rising Inflation
A potential significant increase in inflation is a risk for financial markets and rising interest rates would make it difficult to generate investment returns, the head of the country’s $179 billion sovereign wealth fund has warned.
Fortune Teller Of The Economy
‘Projected rise in bond rate to 3 3/4 per cent on eve of loan council,’’ ran the front-page headline of the first ever edition of The Australian Financial Review, on August 16, 1951.
Investors pay Australia to hold their money
The federal government has paid a negative interest rate on $1 billion borrowed from institutional investors, the first time on record the total cost of a Treasury debt sale has fallen below zero.