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If you’re a worker and you didn’t receive a 50 per cent pay rise since the beginning of Covid, then you have gone backwards financially.
INFLATION
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Australia’s annual inflation rate in January eased, implying the worst of the price increases may be over.
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Mortgage holders likely to feel immediate pain but RBA indicates further increases to come in attempt to bring inflation under control.
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Inflation rose 7.8 per cent annually in the December quarter as upwards price pressures on goods and services remain strong.
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Skyrocketing prices have hit Australians hard this year but there are fresh fears that relief isn’t coming and people will be hit hard.
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The world bank has warned the Reserve Bank of Australia must continue to “raise interest rates” to rebalance domestic demand and keep inflation anchored.
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Workers are seeing wages grow at the fastest pace in almost a decade but face further pain with predictions of higher interest rates.
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Minutes of November Reserve Bank of Australia meeting say board is ‘prepared to keep rates unchanged’ while it assesses state of economy and inflation.
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Reserve Bank governor Philip Lowe fears Australians could find themselves lost in one of Dante’s circles of hell - the one named inflation.
Australian Property Investor Magazine
Latest Articles
While Melbourne's property prices are still in decline, buyers and real estate investors on a tight budget can still expect to face a daunting challenge.
Housing Minister Julie Collins has announced the government will work with the states and territories to extend the deadline for people to submit their Homebuilder documentation, while funding for homelessness has also be expanded.
With the expectation of an imminent recession growing, API Magazine details five commercial property investment opportunities that can withstand a serious economic downturn.
In the face of plummeting investor loan lending and an uncertain economic environment, at least two major national property markets are attracting increased buyer interest.
Property has struck a chord for an ambitious young musician and Sydney-based real estate investor who has recently acquired her third property and set her sights set on owning 20 by the age of 40.
Jean Nassif, the colourful and controversial property developer of Sydney's Skyview apartments, which are known for their serious structural flaws, has placed two companies in receivership.
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Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
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We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
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Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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