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Ben Phillips
News and interviews on Ben Phillips including trends, features, blogs and community conversations from an Australian business perspective.
First home buyer mortgage stress spreads across country
NSW is still the least affordable, but Victoria and Queensland are catching up, says NATSEM report
Housing affordability falls as house prices gain 1.4% during April
New results show housing affordability has continued to decline due to rising interest rates, the withdrawal of first home owner stimulus and strong price growth.
Housing shortage to hit 466,000 by 2020, HIA report reveals
Latest HIA figures show Australia’s housing crisis is set to continue over the next decade resulting in a shortfall of 466,000 dwellings by 2020 if current trends continue.
Construction industry expands in February: Economy Roundup
The Australian construction industry has managed to expand for a second month in February, but at a slower pace, according to the latest results.
How high could interest rates go?
Economists say the RBA’s decision to raise the interest rate by 25 basis points to 4% is the beginning of a series of increases designed to bring monetary policy into neutral territory.
Housing affordability drops as surging auction results spark fears of prices overheating
Latest figures show housing affordability declined during the December quarter due to sharp price increases and three consecutive interest rate rises.
Housing affordability continues to fall, Qantas defends executive pay: Economy Roundup
Qantas defends the remuneration of its executives saying former chief executive Geoff Dixon’s $10.7 million salary package was justified.
Housing finance falls, Construction industry finally grows, Brookes defends Myer IPO: Economy Roundup
ACCC delays its final decision on whether Caltex can go ahead with the $300 million takeover of Mobil service stations.
House prices surge 4% in first five months of 2009
While the property market is defying the downturn new homes sales have dived.
