A Fair Work Decision will give young apprentices, trainees and juniors across many industries a wage rise of between $60 and $100 per week.
Areas where salaries are increasing rapidly could become property hotspots in the future.
Despite the lack of a local mining industry, the ACT has been declared the surprise winner from Australia's resources boom.
A 0.8 per cent rise in wages during the March quarter has come in below expectations and further reduced the chances of an interest rate rise next month.
The index of total hourly rates of pay, excluding bonuses, rose by 1.1 per cent in the September quarter seasonally adjusted, the Australian Bureau of Statistic…
Moderate wages growth in the March quarter will not add pressure for a June interest rate rise, economists say.
If you are fortunate enough to have some spare funds to reduce the loan on your Australian property you should resist the temptation to actually pay off the loa…