Capital city house prices rose by 9.8% in the 12 months to December 2013. Setting a new record, the median is now $597,556.
The December Quarter had the strongest growth in four years. Sydneys median price grew by 6% and Melbourne 3.2%. Australian Property Monitors Quarterly Housing Report predicts price growth will moderate over 2014 as economic activity wanes, with Brisbane and Perth being the likely exceptions, driven by strong local economies.
Aged Care
A rights-based aged care system: who is the government kidding?
The government claims a rights-based aged care system, but delays, rationed care, and massive waiting lists tell another story. 88,000 are waiting for home care and even Health Minister Mark Butler says almost every aged care facility he visits is full.