Employees benefiting from tight labour market
Wages are growing at their fastest rate in 11 years – and there are three main reasons. The Australian Bureau of Statistics (ABS) has reported that wages in the March quarter rose 3.7% on an annualised basis, the largest since 2012. The ABS’s acting head of prices statistics, Leigh Merrington, said rising wages growth was […]
Unit prices and rents heading north
Things are looking up for owners of units, whether owner-occupiers or investors. After the national median unit price fell for 10 consecutive months, it increased in both March (0.6%) and April (0.7%), according to CoreLogic. CoreLogic economist Kaytlin Ezzy said this could signify “the start of a slow recovery phase, with inflation seemingly moving past […]
Buy Now Pay Later
The hidden danger potentially stopping you from owning your own home The Buy Now Pay Later sector is winning-over the youth demographic with the promise of instant gratification, but it is alarming because with every sugar-high comes the risk of a corresponding low. It lower your borrowing capacity and if you miss any payment, it […]
