Archive | April, 2013

Components of CPI

Low inflation keeps door open for RBA on interest rates

The Australian Bureau of Statistics (ABS) released the Consumer Price Index figures for the first quarter of 2013 earlier this week.  The figures, which measure inflation, showed an increase of 0.4% over the quarter following a 0.2% rise over the December 2012 quarter.  Based on data over the past six months, annual inflation is currently […]

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Aggregate mortgage buffer

Outstanding mortgage debt to Australian banks, building societies and credit unions is growing at record low levels

Every month the Australian Prudential Regulation Authority (APRA) publishes monthly banking statistics which include amongst other things the total value of outstanding loans on the books of Australian banks for owner occupied housing and investment housing.  This information is published individually for every bank operating in Australia. As at February 2013, domestic banks had a […]

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Recovering but not recovered

The housing market recovery has broadly been underway since the end of May last year and since that time dwelling values across the combined capital cities Index have increased by 4.7% through to the end of March 2013.   Most cities reached a low point at a different time and have recorded different rates of recovery.    […]

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Overseas migration major state

New South Welshmen leaving the state in droves, heading to Queensland and Western Australia

Population growth is an important determinant of housing demand – to put it simply, more people generally equates to a larger requirement for new homes.  This week’s RP Data Property Pulse focusses on the broad national population growth figures which were released by the Australian Bureau of Statistics last week. Our blog this week looks […]

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