Kevin Rudd’s first home saver accounts scheme has been scrapped by Joe Hockey’s federal budget.
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The café latte hipster set are making Melbourne’s inner west a hot area for property.
Once an exclusively working class area, the western suburbs are proving a great way for young Melbourne hipsters to get a foot in the property door.

On the eve of the Federal budget, Melbourne’s property spike may be slowing as figures show Melbourne property price growth has slowed this quarter.

Chinese investors have a growing appetite for Australian property, and real estate agents are increasing efforts to cash in on the trend.

The Reserve Bank has followed through on its promise of stability, leaving interest rates unchanged this month at 2.5 per cent.