Sydney has overtaken Tokyo to be the most expensive city in the Asia-Pacific in which to fit out an office. Shortages of skilled resources, material price increases and supply chain disruption are driving inflation in a construction industry .
On the face of it, there’s nothing in higher-than-expected inflation data that should halt the rally that has helped the ASX 200 leap 7.5 per cent since the start of the year.
Income and assets Who counts as rich? ABS data holds the answer.
At what point does someone earn so much money, they can be described as rich? It’s one of the perennial debates in Australian politics
Refinancing Lucy Dean outlines exactly what you need to do to get a better mortgage rate. Australian borrowers are refinancing at record rates as mortgage repayments race higher, pushing homeowners to the brink
Shaky property markets across much of the world pose another risk to the global economy as higher interest rates erode household finances and threaten to exacerbate falling prices.
Australian Prudential Regulation Authority chairman John Lonsdale says he is open to changing bank rules on home loans if the economy deteriorates to ensure banks do not ‘‘choke off’’ credit and make the fall in house prices worse.
Property Talk about prices hitting bottom may be optimistic. Predictions that the housing market will soon bottom out are premature because the worst effects of higher interest rates are yet to come.
