Australia's housing bubble would defy worldwide trends and all historical evidence if it did not burst, a US investment fund has said. Jeremy Grantham, co-founder of Boston-based GMO, said Australian home prices continued to rise because the Reserve Bank's rapid interest rate cuts during the financial crisis “protected” the nation's housing bubble. “But if they (home prices in Australia and the UK) don't go back to ... the old trend line multiple of family income, which should drive house prices, ...
Australia, Wine, Population, Employment, Skill Shortages, Victoria, Household Wealth & Debt, NZ Uni, Foreign Students, Brand Australia & Larrikans Constellation to end growers' contracts. Winery giant Constellation has told its remaining Murray Valley growers their contracts will be terminated in three years. The company has been progressively shedding growers over the past two seasons, giving them three years' notice their contracts will not be renewed. ...
Whose analysis to believe regarding property prices and rents...? “Property crashes as first-quarter homes sales, prices and clearances crash” http://www.theaustralian.news.com.au/story/0,,25330870-25658,00.html “Tight supply bolsters keeps house prices stable: RBA”.... http://business.theage.com.au/business/tight-supply-props-up-house-prices-20090415-a6n5.html But the good news........ ...
Sound Relief bushfire concerts in Melbourne and Sydney great success for picture galleries see Photo Galleries - Take 40 and JJJ Radio's Hottest 100 http://www.abc.net.au/triplej “Best Job in the World” Island Reef Job, Queensland, short listed candidates http://www.islandreefjob.com and Australia is still open for travellers and tourists http://www.australia.com Employment opportunities fruit picking work still exists at various times and ...
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