Economy

“Follow the jobs growth.” 

According to Pete Wargent from Property Observer, it’s one of the best pieces of advice he has received when it comes to property investment.

Australian property is overvalued by between 20 to 30 per cent according to one of the country’s top economic experts.

A leading Australian economist has called for the Abbott government to put downward pressure on surging house prices by ending negative gearing for new investors.

A new study by credit reporting agency Veda has found that 13 per cent of Australians are at risk of defaulting on credit in the next 12 months, which can stop them from successfully applying for loans.

With house prices in Australia a constant concern for potential first-home buyers, it’s probably little surprise that nearly half of them would want to be able to access their superannuation or have salary rules changed so they could enter the market.

Recently when comparison website finder.com.au surveyed 37 financial experts, just three of them predicted that the official cash rate would fall further in 2015.

When our economy is sluggish and it needs a kick along the best way to initiate activity is to cut interest rates right? Wrong, according to one of Australia’s leading economists.

Economists are pencilling in an extended period of steady interest rates after last week’s cut sent the official cash rate to a new record low.

The Australian dollar could plunge below US60c in the coming months according to an economist from private bank Deltec.

The Australian stock market has been through a wild start to the week, surprisingly rebounding strongly after what some were calling ‘Bloody Monday’.