Whether it’s World Cup fever or pre-Christmas excitement, investors’ renewed optimism has prompted a market rally despite hardening economic conditions.
National housing prices are expected to drop 20% overall from their peak, according to NAB’s latest quarterly survey, as reported by the AFR’s property editor Nick Lenaghan. The bulk of the decline is set to come next year for most capitals except Sydney, where the correction has hit harder and earlier. NAB expects housing prices […]
Markets had a positive shakeup after the RBA announced a relatively mild 25 base-point rise in interest rates in October – but inflation is still sitting too high and markets remain volatile as investors price in false inflation peaks. Global markets came a cropper in September as investors responded to higher-than-expected inflation and monetary policy […]