Australia’s dramatic rate of population growth appears to have peaked, with the number of overseas migrants tanking in December. Total population growth was down 18% in the December quarter of 2009 compared with December 2008. Net overseas migrants are down significantly since peaking in the March quarter last year at 98,140. In the December quarter [...]
Archive | June, 2010
Housing bubble? Not here.
It’s nice to see that Jeremy Grantham has rolled into town this week and stirred up the property bubble argument once more. Mister Grantham, the co founder and chief investment strategist of US based investment management firm Grantham, Mayo, Van Otterloo & Co (or GMO), has been widely quoted during his tour across Australia saying [...]
New South Wales gets it right
The recently announced New South Wales Budget sets out some of the most strategic property related initiatives seen to date, with incentives aimed at improving housing supply and affordability rather than simply throwing money at the symptoms. The most important announcement was that stamp duty, largely viewed as one of the most inequitable and inefficient [...]
The inflation wildcard
Interest rates may be on hold, but any rise in the June quarter inflation figures is likely to see another rate hike. This month the Reserve Bank (RBA) thankfully decided to keep interest rates on hold, and the wide spread speculation is that the cash rate will remain on hold until early next year. Australia’s [...]
Subscribe Via Email
Enter your email address to subscribe to our e-newsletter, and have new posts delivered via email. You can also connect with RP Data on social media.
