Financial Crisis Spikes Rental Costs – see attached article
Australia’s Housing Industry Association (HIA) says dwindling investment in rental accommodation is pushing up rental costs across the country. Despite the global financial crisis, the average capital city rental price grew by 1.7 per cent in the last quarter. Australia’s Housing Industry Association (HIA) says dwindling investment in rental accommodation is pushing up rental costs across the country. Despite the [...]

ANZ says housing shortage will cause housing price boom
THE ANZ Bank says the growing housing shortage is setting Australia up for the “mother of all” housing booms. New home building figures showing slumping building approvals have sparked fears of a price and rent explosion that will price even more prospective buyers out of the market. The ANZ’s senior economist, Paul Braddick, said yesterday Australia faced [...]

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