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Melbourne houses catching up to Sydney prices
Tuesday January 29
While Sydney house prices only gained 5 per cent over 2007, the stellar performers were Melbourne, Brisbane and Adelaide which each recorded increases of more than 20 per cent.

Two rate rises may be needed to slow inflation
Tuesday January 29
Borrowers may be in for a double whammy with analysts saying that the Reserve Bank of Australia needs to lift rates by 50 basis points in order to get inflation under control.

Availability keeps pressure on rents
Monday January 28
Rents increased by 1.6 per cent in the December quarter, the fastest rate in 18 years, and are up 6.4 per cent over the year.

Households carry burden of higher rates
Monday January 28
Australians are paying more for bank services and insurance according to the latest figures from the Australian Bureau of Statistics.

Inflation surge signals higher interest rates
Monday January 28
Treasurer Wayne Swan has warned that it could take up to two years of rate pain to get inflation under control with the underlying rate hitting 3.6 per cent.

Australians need to lift savings level
Sunday January 27
A study has found that Australian households are the worst savers in the English-speaking world, only putting away an average of less than 3 per cent of disposable income each year between 1989 and 2006.

Repossessions skyrocket in NSW
Sunday January 27
The number of people in NSW who are at risk of losing their homes has jumped by almost 70 per cent in the last two years. The latest figures from the Sherriff's Office show that a total of 3935 writs of possession were issued last year compared with...

Misled US home buyer set to sue agent
Saturday January 26
A case due to be heard in the North County Superior Court(Carlsbad, California) in coming weeks is tipped to be the first of many as resentful or regretful buyers seek compensation from buyers agents they believe to have misled...

Inflationary pressures in the pipeline
Saturday January 26
Economists have reduced their expectations for the December quarter consumer price index to 0.9 per cent, however markets believe that this will still be enough to prompt the Reserve Bank of Australia to raise interest rates at its February meeting.

Australia has least affordable homes
Friday January 25
A study has found that on average an Australian family has to spend 6.1 times their entire household income to buy a home, while Americans need only 3.6 times their income and Canadians 3.1 times.

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