The Consumer Price Index (CPI) for the March 2011 quarter was released this week by the Australian Bureau of Statistics (ABS). CPI measures quarterly changes in the price of a ‘basket’ of goods and services which account for a high proportion of expenditure by the CPI population group (i.e. metropolitan households). This ‘basket’ covers a [...]
Archive | April, 2011
Australia needs more intensity around population density
Australia’s population is getting close to 22.5 million residents of whom about 64 percent live within the nation’s capital cities (about 55% live within the big four capitals) With such a large proportion of the population living on what is just half a percent of the land mass, you would think Australian population densities would [...]
US housing market not yet out of the woods
Housing market conditions in the US are continuing to struggle, with the CoreLogic House Price Index (HPI) showing ongoing weakness across the market. The latest results for February were released just recently, revealing a 6.7% annual decline in US home values. US home prices are now 34.5% lower than when the market peaked back in [...]
Who’s earning the big bucks?
The Australian Tax office this week released their annual taxation statistics (see here for all the data) which provides one of the best insights about individual income levels and spatial patterns of wealth around the country. It is worth mentioning the data which was released this week relates to the 2008/09 financial year… quite a [...]
New residents flock to Melbourne’s urban fringe
Yesterday the Australian Bureau of Statistics released their annual ‘Regional Population Growth’ figures – a set of data that provides estimates of population growth for a range of smaller geographic areas than what is available in the regular quarterly updates. The data is released for the most common Australian Standard Geographic (ASGC) regions including statistical [...]
- Dispelling the myths about our new Index methodology
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Negative gearing and its impact on the housing market
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There were 1,213,595 individuals with a negatively geared property over the 2010/11 financial year
