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Mixed outlook for Australian housing amid prolonged pandemic

Mixed outlook for Australian housing amid prolonged pandemic A relatively high rate of unemployment across the nation, coupled with a freeze on immigration, and consequently population growth, might ordinarily spell bad news for the housing market. Instead, Australian capital city average dwelling prices rose 0.2% in October, according to CoreLogic, the first monthly gain since April and hot on the heels of a cumulative contraction of almost 3% between April and September. Prices …

FinancialPartners 09/11/2020 06/11/2020 Blog / E - Economics / E - Insights Papers / E - Market Update / E - Oliver's Insights / FP - Financial Planning / FP - Property & Real Estate Across / coupled / freeze / high / Immigration / nation / rate / relatively / Unemployment / with

The differences between the COVID-19 crisis and The Great Depression | AMP Capital

The differences between the COVID-19 crisis and The Great Depression The substantial slump in economic activity triggered by COVID-19, coupled with images of Australians queuing around the block for Centrelink payments, has made some fear The Great Depression II. The optics might be alarming, but the parallels are not particularly strong. Every Australian knows someone, or is someone, who has lost a job, a tenant, a place to live. This is an entirely unfamiliar experience …

FinancialPartners 26/03/2020 26/03/2020 Blog / E - Economics / E - Insights Papers / E - Market Update / E - Oliver's Insights / FP - Financial Planning Activity / Australians / coupled / Covid19 / economic / images / slump / substantial / triggered / with

Put your backyard to work

Put your backyard to work Across Australia, the granny flat is currently experiencing somewhat of a construction boom. And it’s not hard to see why. Rising property prices, coupled with an ageing population, have resulted in an increased demand for multi-generational and multi-dwelling living. These popular and relatively affordable buildings offer considerable lifestyle benefits for homeowners. At an average cost of $100,000i, they can be used as a home office, a teenage retreat or even …