News

The nation’s unemployment rate has fallen to 5.5 per cent after another 42,200 jobs were created in Australia in May.

Melbourne’s house prices have been booming since 2012, so what are the top ten performing suburbs over that time?

The Reserve Bank has left the official cash rate at 1.5 per cent for another month as the property markets in Melbourne and Sydney both look to be peaking.

In days gone by it was really only a fringe minority of economists that were prepared to label Melbourne and Sydney’s property markets as housing bubbles, but there’s now a growing number of mainstream economists joining the chorus.

Interest-only loans are losing some of their appeal as principal-and-interest loans gain favour in the current lending environment of regulator crackdowns.