General
The Weakness In Housing Finance Commitments Now Looks Engrained
The Australian Bureau of Statistics (ABS) released housing finance data for September 2018 earlier today and it showed a further weakening of demand for mortgages. Over the month, the total value of housing finance commitments was recorded at $29.1 billion which was the lowest monthly value since August 2014. While the decline in finance commitments over recent times has been primarily driven by investors, owner occupier demand is now also clearly easing.
Over the month, the $29.1 billion…
-
General10 hours agoGroup armed with machetes attack two teenagers outside Luna Park in St Kilda
-
Noosa News21 hours agoInfant crocodile spotted in pool at Sheraton Grand Mirage Resort in Port Douglas, north Queensland
-
Noosa News23 hours agoTensions erupt on Melbourne streets as opposing immigration rallies held across Australian capitals
-
General20 hours agoFormer March for Australia organiser shut down at latest anti-racism rally