The average home in metropolitan Australia now costs buyers $600,000, after a yearly rise of 13 per cent.
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The ACCC is set to crack down on comparison websites for loans, credit cards, insurance, flights and utilities.

Australia’s federal MPs are about to investigate the impact of Chinese investment in Australia’s property market.

If you’re lucky enough to buy an investment property with tenants already living in it, you’ll benefit from immediate rental income from the date the property settles, also saving you the hassle and costs of finding appropriate tenants and a property manager.

With the extended period of interest rate cuts slowly putting positive effects of the economy’s growth, massive job cuts in Australia’s motor vehicle and manufacturing industries have shaken the nation’s consumer confidence.