The rich really are getting richer,with the gap between Australia’s richest households and everyone else widening.
The RBA has increased interest rates to 4.35 per cent. Use our calculator to see how much extra your mortgage repayments will be.
Median house prices have fallen for the first time in 18 months,marking a “turning point”.
Treasurer David Janetzki blamed the previous Labor government for households being under pressure when asked about the figures on Monday.
With the sharemarket still experiencing sustained pressure,savvy investors are eyeing up an opportunity to bag themselves a bargain.
As house prices rise,young people are rethinking home ownership,and some are finding creative new ways to live.
Work hard,buy a home,maybe an investment property down the track:the rational decisions of the past have given way to a different future.
The interest you’re paying on credit card debt is slowly eroding your savings,but it can feel like a lot to pay off at once.
Aussie households are carrying almost three times as much debt as they were in 1990,most of it housing. This is magnifying the impact of interest-rate movements on household budgets,experts say.
One in five residents have fallen behind on rates in some Melbourne councils. An option for flexible payment for stressed ratepayers is now required by law.