Time to buy an Italian sports car – not

photo credit: VOD Cars Credit Suisse’s Global Wealth Report 2011 offers fascinating insights – particularly for Australia. The nature and spread of our wealth is strikingly – astonishingly – different to every other country. Owning net assets (after deducting...

House price falls steeper that the US

18 October 2011 MELBOURNE:- “House prices are falling in Melbourne faster than US prices did when that property bubble burst,” Prosper Australia Campaign Manager David Collyer said today. “The enormous housing oversupply and sudden buyer caution have dramatically...

The Barometer of the Economy

The Kavanagh Putland Index Dr Gavin Putland Thursday Oct 20th, 6.30pm 1/27 Hardware Lane RSVP pls to this free event. Dr Gavin Putland will analyse the size of the Australian land bubble in the context of previous land booms. This indicator compares bubbles in...

The warnings come thick and loud

photo credit: tm-tmOn Sunday 9 October, The Sunday Age published an article by Chris Vedelago Buyers Nibble but No Big Bite. I would link, but can’t see it in The Age online. Here are the money quotes: “But a survey conducted by The Sunday Age found that only 35 per...