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Australian Housing

Rental growth slowest in 21 years

Australia’s rental market is starting to resemble a disaster zone as an oversupply of rentals flood the market at a time of anemic wage growth. Australian Bureau of Statistics figures released today show rent growth is now the lowest in 21 years, at just 0.82 per cent for the year

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Australian Economy

Perth property correction to continue into 2016

2016 is set to bring more pain for Perth property punters as prices continue to fall on the back of diving commodity and energy prices, rising unemployment, stagnant wage growth, surging vacancy rates and plunging rents. With more mines destined for care and maintenance resulting in more job losses and