In times of uncertainty, the market will grasp at any headline about an asset class as a means of making sense of what is happening. Big banks forecasting possible house price declines of greater than 20% is just one example.
Read the Full ArticleThe GFC was no picnic, but the June quarter for residential real estate was an unmitigated disaster, particularly if the focus is moved away from price. If price is where our concerns are, then the greatest fall from the March Quarter to the June Quarter for apartments was Darwin which came off 14.7%, however Canberra only declined by a minimal 0.7%.
Read the Full ArticleWhilst most Australian’s at this point in time will not know anyone who has been impacted by the corona virus regarding their health, they will undoubtedly know many people who have lost their job or people who have been forced to take a reduction in pay and or hours. This recession may well decide how Australian’s embrace the next two decades.
Read the Full ArticleThere appears to be a common desire at present for various government bodies to pursue an economic recovery plan from the pandemic. This should be applauded as our officials start thinking about what the immediate opportunities and stress points will be.
Read the Full ArticleSuperannuation remains a topic that is often quite contentious in Australia. The rules are often changing, it seems like it regularly needs defending and most people really don’t have a clue what compulsory superannuation means until they are starting to think about when they may actually need it.
Read the Full ArticleIn October 2019, the results of the Australia Talks survey where more than 50,000 respondents answered numerous questions about themselves, neighbourhood, expectations and concerns was completed. As we approach a full year since the survey was undertaken, the relevance of some things has become more heightened, whilst others are likely to have slipped into the background, at least for the time being.
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