Articles from MacroBusiness

By Leith van Onselen From CoreLogic’s latest Pain & Gain report comes news that 13.3% of apartments transacted across Australia in the March quarter sold at a loss: As shown above, New South Wales was the outlier, with every other apartment market in the mainland recording double-digit resale losses. Losses for houses were much lower

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Great piece today from Peter Hartcher on the astonishing wreckage of Donald Trump: Donald Trump is unique among US presidents not for his rough treatment of America’s enemies but of its allies. His Vice-President, Mike Pence, must be aware of the problem. He offered Julie Bishop a way around it: “If you ever have any

The post Ready for Chinaustralia? appeared first on MacroBusiness.

Via the AFR: Senator Xenophon said the state needed to ensure the best possible investment conditions were in place to try to reinvigorate the local economy at a time when carmaker Holden was getting ready to close its operations in October. “My concern is that it will damage investment,” he said. “It’s quite a different

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By Leith van Onselen A ripper new report by LF Economics is out, entitled Parental Guidance Not Recommended: An Illustrated Guide to the Latest Trends in Affordability in the Australian Housing Market. It assesses the challenges new First Home Buyers (FHBs) and others face versus previous generations in not only achieving home ownership, but the financial risks many Australian

The post The death of Australian housing affordability appeared first on MacroBusiness.