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Are you serious? And what is in your opinion average house price in Australia is? I repeat - even in metropolitan Sydney prices for free standing houses start in region of $200k, not counting for Broken Hill, Targomindah, Pinnaroo, Narranderra and others. $264K is about right. And you seem to be...

Thanks for the example. I have about a dozen of tenants who stuck on rental roundabout since 70s. Now they pay twice as much rent a year as the whole house would cost them back then. Total amount of rent they paid over the years would buy them a house in Sydney nowadays. Their mates have the...

Yaaaawwwwnnn...... First, RBA is concerned about two things: 1. How to save their belowed Liberal party from electoral annihilation. Political *******ry is 50% of their motivation. Without raising rates at the eve of the election Mr Abbott with his (mildly speaking) intelligence is leading...

http://www.news.com.au/business/miners-face-billions-in-new-taxes/story-e6frfm1i-1225857676969 I am afraid I have to repeat what I have told many times. Since 2008 RBA managed to maintain highest in the world interest rates. It is crear as a whistle that current level of rates is way above...