Australia :A perfect storm hits the east coast property markets

Westpac’s decision to lift interest rates is just one piece of the real estate puzzle, and if history is any guide the east coast housing boom is right on the edge of a bust, writes Ian Verrender. The governor giveth. Now the governor has to taketh the pain. Having spent almost three years furiously pumping […]

manager No Comments October 21, 2015 2:01 pm

The OECD has warned Australia’s housing market could collapse

A LEADING authority on the world economy has warned that Australia’s inflated housing market is at risk of a “sharp correction”. While the Organisation for Economic Cooperation and Development, was forecasting a three per cent growth in our economy next year, thanks to a rise in investment in the non-mining sector and exports, it feared […]

manager No Comments June 4, 2015 10:58 am