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Australian Government announces increased grants to encourage people to take...
"Golden Opportunity" : The increased FHOG. Among the backdrop of a global “systemic meltdown” caused by irresponsible lending and fueling the biggest housing bubble built on spiraling household debt,...
View ArticleWill Rudd bring the house down?
Last year Deputy Governor of the Reserve Bank of Australia, Mr Ric Battellino addressed the 7th ITSA Bankruptcy Congress with an update on household finances. In his speech, he raised differences...
View ArticleJohn Symond expects new First Home Owners’ Boost scheme this year
It’s the 64 thousand dollar question – With the housing market once again collapsing, just like in 2008, will the government re-introduce the first home buyers’ grant to prop it back up? With a federal...
View ArticleThe Lucky Country’s Housing Industry is in Crisis
The Sydney Morning Herald reported on a Housing Industry in crisis yesterday with more than 363 companies from the building industry hitting the wall since January 1. The Herald’s Adele Ferguson writes...
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Who’s unqualified to run a modern economy?
Treasurer Wayne Swan describes today’s 25 basis point cut to the official cash rate as “the early Christmas present that hard working Aussies deserve.” In a press conference after the Reserve Bank...
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PM appeals in vain to the shafted generation
Generation Y, Kev wants you on board. During Kevin Rudd’s comeback leadership victory speech he had a message for our young generation: Before I conclude, let me say a word or two to young Australians....
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