Risky home lending practices and high levels of household debt are raising concern in Australia, with the chairman of the Australian Prudential Regulation Authority (APRA), Wayne Byres, saying conditions are “eerily similar” to the period before the global financial crisis. New concerns are being raised after the release of a leaked APRA report from 2007 that warned of dangerous lending […]
As technology continues to encroach on every aspect of our lives, more people are making the bold decision to go tech-free. From bedrooms and living rooms free of electronics through to entirely unplugged homes, tech-free living is all about regaining the time and space you need to truly be yourself. While the unplugged lifestyle is certainly not for everyone, most […]
While not everyone likes the hot stuff, mounting evidence suggests that spicy food is good for your health and longevity. Separate studies in recent years have linked the consumption of spicy food with weight loss, pain relief, increased longevity, and a range of anti-inflammatory and antimicrobial effects. While these benefits depend greatly on the type of food in question along […]
Virtual reality has become old news as a new and more exciting vision of the future takes its place. Augmented reality looks like something straight out of a science-fiction movie, with 3D holographic images and display screens beamed in front of users who are wearing little more than glasses. Instead of offering a hedonistic escape into artificial dimensions, augmented reality […]
Housing supply levels will become an increasingly important issue in Australia over the next few years, with property prices continuing to soar and population levels still rising. Housing supply has a direct effect on home affordability, with ongoing supply issues addressed directly in the latest ‘Housing Australia’s Future’ report by the Housing Industry Association (HIA). According to the HIA, housing […]
The Australian economy has grown more than expected over the last year, as the country makes a successful transition away from its reliance on the resources sector. According to the Australian Bureau of Statistics, economic growth increased by 0.6 percent over the December quarter, with GDP up 3 percent for the year as Australia’s economic output tops $1.6 trillion. While […]