REA Group Chief Economist Nerida Conisbee says affordability from a renter’s perspective is "very good at the moment".
“Personally, I’ve never seen the rental market so much in the tenants hands, it’s always typically in the landlords hands,” she said. “Tenants do have negotiating power which is quite unusual. “So, from a renters perspective, affordability is looking good.” Image: AP
Why rent when you can live at home?
You would expect REA to report everything to do with the real estate market in rosy colours, wouldn’t you.
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US investment and improved technology key to the success of business in Australia | Sky News AustraliaHancock Prospecting Executive Chairman Gina Rinehart says she would like to see Australia “welcome US investment” to improve the “sustainability, safety, productivity and competitiveness' of Australian businesses. \n\nMs Rinehart said she initially needed “to borrow more than US seven billion (dollars)” to fund her $10 million dollar iron ore mining operation at Roy Hill.\n\nThe project went on to become a financial success and broke records as the “largest largely green field debt funding from mainland resource projects anywhere in the world,” she said \n\nAccording to Ms Rinehart, 'the USA is a world leader in technology, automation and robotics which along with cutting red tape and taxes, is critical to improving productivity and competitiveness in Australian businesses”. \n\nEfficient train operations and battery technology had helped to reduce power costs for her company, she said. \n\nMs Rinehart is now in the process of contributing towards the development of an interim solution targeting “improved protocols to help patients suffering with COVID-19”. \n Big Gina Look at all this impartial, unbiased journalistic integrity 🤣
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