Hobart homelessness up 21 per cent, figures reveal, but government rejects data

Hobart homelessness up 21 per cent, figures reveal, but government rejects data

Posted May 15, 2018 20:41:37 Photo: The homeless situation had worsened since the rental crisis, TasCoss said. (ABC News) Homelessness in Hobart rose by 21 per cent over five years, new figures have revealed. The Launch Housing Australian Homeless Monitor, released today, showed Hobart had the fourth-highest increase in the …

Sydney and Melbourne property prices predicted to fall by up to 4 per cent

Sydney and Melbourne property prices predicted to fall by up to 4 per cent

Updated May 07, 2018 12:03:26 Housing prices in Sydney and Melbourne are tipped to fall by as much as 4 per cent this year, according to the latest report from property analysis firm SQM Research. This is a major reversal of its previously rosy forecast — that Australia’s two priciest …

Westpac half year after-tax profit rises 7 per cent to $4.2 billion

Westpac half year after-tax profit rises 7 per cent to $4.2 billion

Updated May 07, 2018 09:13:59 Photo: Westpac’s chief executive said the bank would continue to make changes based on customer feedback. (Reuters: Will Burgess) Westpac has just announced a half year after-tax profit of $4.2 billion, a 7 per cent improvement. The bank’s preferred measure of cash profit is up …

ANZ half-year profit jumps 14 per cent to $3.3bn

ANZ half-year profit jumps 14 per cent to $3.3bn

Posted May 01, 2018 08:27:06 ANZ’s first-half profit has jumped 14 per cent to $3.3 billion as it pushes ahead with plans to slim down and exit its investments in Asia. Cash profit — the bank’s preferred measure, which strips out one-off items — rose 4 per cent to $3.5 …

Inflation pulse still weak, up 1.9 per cent and still below RBA comfort zone

Inflation pulse still weak, up 1.9 per cent and still below RBA comfort zone

Updated April 24, 2018 12:05:54 Photo: Food inflation remains low rising by just 0.5 per cent over the past 12 months. (ABC News: Raveen Hunjan) Australia’s inflation pulse continues to be weak, with the first quarter consumer price index still tracking below the Reserve Bank’s preferred target band. Headline inflation …

ACL reconstructions up more than 70 per cent among young Australians, study finds – Health

ACL reconstructions up more than 70 per cent among young Australians, study finds – Health

Knee reconstructions for young Australians are on the rise, posing an expensive and painful public health problem in the future, a new study has found. The number of young Australians undergoing knee reconstruction surgery has risen more than 70 per cent in the last 15 years, according to the study …

Brisbane house prices rose nearly 300 per cent over the last 30 years, Productivity Commission report says

Brisbane house prices rose nearly 300 per cent over the last 30 years, Productivity Commission report says

Posted April 11, 2018 12:43:43 Photo: The most affordable areas included central Queensland, Mackay and the outback. (AAP Image: Dave Hunt – file photo) Brisbane house prices have surged by nearly 300 per cent in real terms over the past 30 years, a new report into housing affordability says. The …

Homebuyers’ borrowing capacity could be cut by up to 40 per cent under tougher rules

Homebuyers’ borrowing capacity could be cut by up to 40 per cent under tougher rules

Updated April 05, 2018 14:54:13 Photo: House prices could come under pressure if borrowers’ living expenses face tougher scrutiny. (Giulio Saggin: ABC News) Homebuyers could see their capacity to borrow cut by up to 40 per cent as a result of reforms likely to be driven by the banking royal …

China lists $50B of US goods it might hit with 25 per cent tariff as trade war escalates

China lists $50B of US goods it might hit with 25 per cent tariff as trade war escalates

Posted April 05, 2018 00:18:47 Photo: US-China trade tensions were sparked by President Trump’s steel and aluminium tariffs. (AP) China has issued a $US50 billion ($65 billion) list of US goods including soybeans and small aircraft for possible tariff hikes in an escalating and potentially damaging technology dispute with Washington. …

Bundaberg rental vacancies drop to 1.7 per cent as region experiences influx of doctors

Bundaberg rental vacancies drop to 1.7 per cent as region experiences influx of doctors

By Johanna Marie Updated March 16, 2018 07:18:30 Photo: Bundaberg’s rental market is now classified as “tight”, according to the REIQ. (ABC Wide Bay) An influx of medical professionals moving to Bundaberg is building pressure on the region’s tightening rental property market. According to a report by the Real Estate …