Monthly Archives: June 2016

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OECD Note on Australia

June 17th, 2016

The OECD has produced its latest Global Economic Outlook entitled “stuck in low-growth trap”, including a note on Australia. Despite healthy GDP figures compared to other developed nations, Australia is suffering from a sustained period of low domestic demand and a drop in private sector wage growth. As resource-sector investment continues to slow and the housing markets cools despite ongoing […]

Foreign Investment and House Prices

June 10th, 2016

High levels of foreign investment in the Australian housing market continue to raise concern, with a little over 20 percent of property linked to overseas interests. With prices continuing to soar and many first-home buyers locked out of the market, foreign investment is seen by many as a significant problem. While the current national government seem unlikely to alter investment […]