API Blog :: Have your say!

February 3, 2012

Are you ready for what 2012 will do to our property markets?


It looks like the Australian housing market will be a ‘tug-of-war’ this year with low interest rates pulling hard on one end of the rope and economic uncertainty joining forces with subdued prospects for economic, income and employment growth at the other.

BY MICHAEL YARDNEY

I expect the economic side of the equation to win out in the near term, influenced in the first half of 2012 at least by continuing global financial turbulence. This is likely to cause the Reserve Bank of Australia to drop interest rates once or twice in the first half of the year and this should underpin our property markets.

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February 2, 2012

Empty homes


It’s almost impossible to accurately estimate the number of homeless in Australia. According to the 2006 census there were 105,000 – that’s 5100 more than recorded in the 2001 census, which found 99,900 were without a permanent abode.

BY CATHERINE CASHMORE

Of course there are many reasons individuals find themselves without shelter. Some come from abusive families, many being women and children, and some are what are commonly known as ‘couch surfers’ – sleeping a night here and there.

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