Clearance rates fell last week as a record number of homes went to auction in Sydney and Melbourne and buyer numbers thinned in the run-up to Christmas and year-end. The national 4970 auctions over the week to […]
Construction industry payment times have blown out through COVID-19 and are now at record highs, with 12 per cent of building companies more than 60 days behind on debts owed to suppliers or contractors. Credit […]
Housing affordability has deteriorated so much in pockets of regional Australia, that some locals would need to devote almost three quarters of their income to mortgage repayments just to get onto the property ladder. Nationally, […]
Two new cases of omicron and several suspected cases of the new variant have been detected in Victoria. Both were returned travellers who landed in Melbourne from Dubai on November 30, 2021. Genomic sequencing is […]
The delta variant has failed to dampen bullish outlooks for federal coffers, with economists at Deutsche Bank tipping the budget could be close to balance in four years despite recent lockdowns. Deutsche Bank economist Phil […]
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