Article Abstract:
The mortgage component of Australian housing market is more than 6% of disposable income. The household debt-servicing ratio is aggravated by over supply of investment property. Thus, it is likely that prices in the housing market will fall by 15 to 20% or more.
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Article Abstract:
Increased prices for commodities, rising interest rates, static real estate prices, pollution and environmental aspects are predicted for the year 2005.
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Article Abstract:
The impact of interest rates worldwide, on Australian dollar, is discussed.
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