First home buyers took 26.5% of all housing loans in January, the highest proportion since records commenced. The value of total loans were 0.7% above December, a surprise given failing world markets and December typically has a rush at the tail end of the year. The success of the First Home Owners Grant ($14,000 for an established home / $21,000 for a new home) i.e. expected to lead to its renewal in the May budget.
At the same time developers, like Stockland, Australias largest and potential buyer of Aveo, have announced they have deferred all new development projects due to uncertain economic conditions.
Does this pass the pub test? Direct aged care workers awarded wages rises of up to 13.5% by Fair Work Commission – but indirect care workers only given up to 6.8%
Workers across residential aged care and home care will receive wages rises between 3.2% and 13.5% after the Fair Work Commission (FWC) determined on Friday that their work has historically been undervalued. The Stage 3 decision in the long-running...