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4.5% wage growth pales into insignificance when property price growth has been double digit!!!!!!!!!!!! How does that not correlate to less disposable income? Its simple mathematics. Its basic logic. Housing is more expensive. Which means that the cost of housing takes money away from...

Average aussie home is how much? Average aussie wage is how much? I have no desire to see interpreted statistics. The basics will do thanks. Newsflash. The 100 000's of thousands of FHB's had to be given tax payers money, record low interest rates, relaxed lending standards and a media...

My jaw is on the floor here. Im actually at a loss for words at the sheer level of stupidity in that statement. Sorry folks, I dont mean to be abusive, but this is ridiculous. Its quite simple. More money spent on shelter means less money spent on other areas of the economy. With less money...

Market forces? Mate, we just came of the back of a massive FHB grant and government easing legislation on foreign ownership. You cannot for a minute suggest that government intervention has had nothing to do with current prices! Im not even suggesting that Australia is currently in a...

OK, so let me get this straight 1 - You guys believe that median prices which are 15-18 times median wage are not a long term problem for the economy and very sustainable. 2 - You guys think that housing, as it is at the moment, is rightly considered affordable? I think you are both...

Australia has the highest debt/disposable income ratio in the world??? Where do you come with the best in a generation? http://www.dailyreckoning.com.au/australia-has-highest-household-debt-to-disposable-income-ratio-in-world/2010/02/03/

You are looking at property in isolation. The more expensive property becomes the larger the portion of income we have to allocate to rent and mortgages. The more money we spend on that, the less money we have for other things. If people are spending more money paying interest on large...

WA has a population of over 2 million people though. Gorgon will employ how many of those? Engineers are the most highly paid profession in Australia now and that is set to continue if the boom is indeed back. Still, money becomes more expensive by the day and just because resource wages are...

So we are relying on an inheritance now for the deposit on larger mortgages? The only thing that can support rapid capital growth is wage growth or cheap money. The more people spend on accommodation the less they spend elsewhere. Which puts pressure on the economy as a whole. Lets not...

You have to put things in perspective Aussie homes cant double the next 10 years. Can you see the aussie median being over a million bucks in ten years time? Where are the wages going to come from to pay for those increases? Imagine the interest payments alone on mortgages of that size...