The median price for a Perth house will pass $600,000 within three years as the city’s property market reclaims its title as the strongest and fastest growing in the country, a new report predicts. The BIS Shrapnel residential property report forecasts house prices in Perth will climb an average 7 per cent a year for [...]
Archive for the ‘Cost of Living’ Category
Reserve tipped to bump up rates
Posted in Cost of Living, Local News, Realestate and Home Loans, tagged 50%, Bank rate, battles, bay, booming, bulk-commodity prices, business executives, capital investment, China, dampen, Dun and Bradstreet, economy, employment, face, Federal Budget, growth, home prices, Homeowners, house prices, increasingly, Inflation, interest rates, jobs market., l interest rates, lift, local, Macquarie, major banks, month., mortgage, officia, pay., pressures, reserve bank, Rory Robertson, sales, strategist, strengthening, survey, tipped, today, too, Treasurer, Wayne Swan, world's on April 6, 2010 | Leave a Comment »
Homeowners face finding another $50 a month to pay the mortgage, with the Reserve Bank tipped to lift official interest rates again today as it battles to dampen house prices and keep inflation pressures at bay. A quarter percentage point rise this afternoon would mean official rates would have climbed 1.25 percentage points since October, [...]
North Beach property tests property market
Posted in Cost of Living, Local News, Realestate and Home Loans, tagged $, 17.7 per cent, annual, auction, blocks., boom, bottom-up recovery, coastal property, decade, elevated lot, entire, era, first signs, for sale, good indication that Perth's, growth, growth rate, home, housing boom, housing market, jump, low volume, median house prices., million, Nexus, nice frontage, North Beach, ocean-front, perth, Perth metropolitan area's, Premium, priced, prices, property, property market, real estate, Real Estate Institute of WA, reasonably-priced, recovering, sales activity, skewered, sold, statistics, struggling, suburbs, Top 10 performing suburbs, top end, value, WA, WA's property boom on August 9, 2009 | Leave a Comment »
THIS North Beach property could confirm whether Perth’s struggling real estate market has turned the corner. Real estate experts say that during the height of WA’s property boom the 1346sqm ocean-front house on West Coast Drive would have fetched more than $5 million. It is for auction on Saturday and the selling price will be [...]
The Reserve Bank of Australia expected to leave rates on hold
Posted in ALL news, Cost of Living, tagged (AEST), (RBA), 2.30pm, 2010, 49-year low, AAP, an economist, announce, appears, August 4, Australia, Australian Business Economists, bank, board meeting, cash rate, cental bank, central bank's, continued, currently chewing, decision, economist, economists, expected, expressed, financial markets, governor Stevens, hike, housing market bubble, intention, interest rate, interest rates, into 2010., keep rates, leave, Matt Robinson, Michael Turner, Moody's Economy.com., prospect, raising rates, rate rise in 2010, rates on hold, reducing, remain, research group 4Cast, rise, rising unemployment, speech, surveyed., the RBA, The Reserve Bank of Australia, three per cent, Tuesday, unemployment on July 31, 2009 | Leave a Comment »
The Reserve Bank of Australia (RBA) is due to announce its decision on interest rates at 2.30pm (AEST) on Tuesday. The economists surveyed by AAP said the cash rate will remain at a 49 year low of three per cent after the central bank’s board meeting on August 4. “The RBA appears to have no intention [...]
Twitter to help beat supermarket monopoly
Posted in Cost of Living, Local News, tagged a website, across Australia., active, application, Australia, best prices, best-priced, coles, commercial gain, compare prices, costs, country, crowd-sourcing technology, data base, develop, enter, failure, fantastic, Federal Government’s, fight against, Follow @price_check, Google Groups, grocery, Grocery Choice, grocery prices, group of IT experts, help beat, help shoppers, involved, IT, items, log onto, lowest, mobile phone, money, monopoly, new tool, notification, postcode, Price Check, prices, products, public, response, save, save shoppers, saving, saving heaps, shoppers, shopping, site linked, supermarket, supermarket chains, supermarket giants, supermarket monopoly, supermarket prices, supermarkets, transparent, Twitter, Twitter users, unpopular, using Twitter, via, web, website, website - set up, website launch, Woolworths on July 24, 2009 | Leave a Comment »
TWITTER is the new tool being used to fight against high supermarket prices across Australia. Following the failure of the Federal Government’s Grocery Choice website – set up to help shoppers find the lowest grocery prices in supermarkets around the country – a group of IT experts are using Twitter and Google Groups to develop Price [...]
Changes to the adjusted taxable income test for Commonwealth Seniors Health Card
Posted in Cost of Living, tagged 1 July 2009, additional, adjusted, affect, assessment, Centrelink, changes, circumstances, contribution, contributions, Cost of Living, CSHC, deductible, Depending, discretionary, eligibility, example, financial investment, for, impact, included, income test, income., information., investment, losses, net, net losses, of legislation, personal, property, provide, rental, Reportable, reportable superannuation, required, sacrifice, salary, subject to the passage, sum, superannuation contributions, taxable, taxable income test, total, total net, types, voluntary on June 15, 2009 | 1 Comment »
From 1 July 2009, there will be changes to how certain types of income affect eligibility for the CSHC. Depending on your circumstances, these changes may impact on your eligibility for a CSHC and you may be required to provide additional information about your income to Centrelink. The adjusted taxable income test for CSHC will [...]