Ride for free or pay the fine

by | May 2, 2012 | Commentary

In his second budget, Victorian Treasurer Kim Wells is aiming for a surplus of $155 million, of which $109 million is due to increased fines. The Government has budgeted for $662.5 million in total fines, including $306 million from road-safety cameras, in 2012-13....

Seller Strike, Buyer Strike

by | May 1, 2012 | Press Releases

1 May 2012 • ABS House Price Index -4.5% YOY • RBA interest rate cut -0.5% The solid new trend of falling house prices is confirmed by the ABS today with real prices now in retreat for seven quarters and the downward path accelerating. Property markets operate on a...