The property markets in Australia are looking a little better, as consumer confidence is said to be regaining strength. More people are expecting great things for the growth of the makets, according to a new 'property industry confidence' report by the Property Council of Australia (PCA). The PCA said; "Resource-sector states (WA, Queensland, Northern Territory, [...]
Many of Australia’s property markets are expected to make their journey on the road to recovery during 2012, a new report declares. The report, released by the APM (Australian Property Monitors) states that the “housing markets entered a correction phase with income growth required to catch up with the finance requirements for home purchases.” There [...]
The fastest growing city in Australia – Melbourne - is a dynamic global city that’s now home to over 4 million people. Due to its resilient economy and enviable lifestyle, Melbourne is becoming an increasingly popular place to visit, live and invest in. This has been helped by its competitive and successful business environment; its [...]
The Australian Government is hosting an event in London early next year aimed at matching British workers with an occupation that’s in demand down under with a suitable Australian employer. The event, called Skills Australia Needs and organised by Australia’s Department of Immigration and Citizenship (DIAC), will take place on 25th and 26th February and [...]
According to a new report on global rented commercial space, Sydney, Melbourne and Brisbane are currently in the top 10 most expensive markets in the world for renting. The commercial renting report shows that Australia is now one of the most expensive countries in the world to rent office space; good news for investors who [...]
It has been predicted that, should the European meltdown cause a worldwide credit crunch, property prices in Australia could fall by a further 25 per cent. The Economist magazine has stated that global property prices are still very much over-valued: “The latest global house price indicators are now falling in eight of the 16 countries [...]
Property prices in Australia’s territory and state capital cities are falling steadily, latest figures reveal. The average property price actually fell by 1.2 per cent in the last quarter compared to the previous quarter. Of all eight cities included in the survey, all experienced price drops, with the biggest being in Brisbane at 2.5 per [...]
September saw the number of approved home loans in Australia rise by 2.2%, when compared to the previous month. The Australian Bureau of Statistics (ABS) published latest figures which show that more and more people and being given the green light to purchase a property in Australia; the figure rose from 50,706 in August to [...]
Current conditions in the Australian property market are perfect for those looking to buy there; so much so, that people are being advised that now is the best time to buy property down under. Professor Mark Sharp from the Association of International Property Professionals had this to say; “Now is a good time when interest [...]
For a select group of Brits caught up in the UK’s worst spell of unemployment since 1994, one solution for finding a job could be a move down under, after Australia’s most populated state created more openings for foreign workers. The government of New South Wales (NSW), which includes Sydney, recently added pre-primary school [...]