Vacant land market weakest in more than a decade

Monday, April 23rd, 2012

The Housing Industry Association (HIA) in association with RP Data released the December 2011 quarter Residential Land Report this week and it made for pretty sobering reading.  As the report states, over the past five quarters land sales have bounced around the bottom rather than showing any sign of improvement.  ...

How has the rate of decline in the Aussie housing market measured against the US, UK and NZ?

Tuesday, February 7th, 2012

Based on CoreLogic’s House Price Index (HPI), it’s been 69 months since the US housing market peaked.  Since the national index for ‘single family combined homes’ reached its high point back in April 2006, US home prices have fallen by 32.8%. The first three years of US home prices coming down ...

New market for Tasmania logs

Thursday, August 4th, 2011

Forestry Tasmania has found new markets in China for whole pulp logs. View full post on ABC News: Business

Greek debt fears weigh on local market

Monday, June 27th, 2011

The local share market has finished more than 1 per cent lower on the back of continued nervousness over Greek debt concerns. View full post on ABC News: Business

Market bounces back from Greek debt woes

Friday, June 24th, 2011

Local shares have recovered from earlier losses that were caused by faded optimism over a successful resolution to the Greek debt crisis. View full post on ABC News: Business

Market up as Moody’s downgrades big banks

Wednesday, May 18th, 2011

The Australian share market has closed higher after what has been a volatile day of trading. View full post on ABC News: Business

Mining sector gives market late boost

Tuesday, May 17th, 2011

Local shares have bounced back from a weak start to trading, with the mining sector providing a boost to the broader market. View full post on ABC News: Business

Slight rise in housing market

Saturday, May 14th, 2011

The latest figures from the Real Estate Institute of Western Australia (REIWA) show Perth's property market picked up slightly in the last quarter, but overall sales were still down. View full post on ABC News: Business

Grant scheme hailed as stimulus for housing market

Wednesday, May 4th, 2011

The Real Estate Institute of the Northern Territory says any initiative that stimulates the housing market is a good thing. View full post on ABC News: Business

Market lower as investors dump risky shares

Tuesday, April 12th, 2011

Local investors moved out of risky assets like shares after news the operator of Japan's crippled nuclear plant upgraded the severity of the disaster to seven, the same level as Chernobyl. View full post on ABC News: Business