A recent KPMG analysis reveals a significant shift in property ownership among Australian generations. Although Baby Boomers are still the wealthiest generation, they no longer hold the most valuable property, …
PROPERTY
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- Cost of Living
New Survey Reveals Rental Crisis: Prices Surge by Up to $3600 Compared to Last Year
by adminA recent survey has confirmed that renters in Australia are feeling the strain this Christmas, with rents increasing by as much as $3,600 over the past year. Research conducted by …
- Finance
No respite for aspiring first-home buyers as regulator maintains buffer rate at 3 per cent.
by adminAustralia’s banking regulator, APRA, has declined to reduce the serviceability buffer for new mortgages, maintaining it at 3 per cent despite calls from the Australian Banking Association, NAB, ANZ, and …
- Finance
Australians Are Feeling the Pinch: Increased Income Required to Cover Rent and Mortgage Payments
by adminA recent report from ANZ and CoreLogic highlights the escalating financial burden Australians face regarding housing costs. On average, households earning around $101,000 are now dedicating an unprecedented 33% of …
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