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Australia's Welfare Report for 2019

September 19th, 2019
The latest Australian Institute of Health and Welfare report has just been released, with lots of positive news spread among some very worrying statistics. The 2019 edition of this report is the 14th iteration, as the government attempts to gain insight into our work life, home life, education and income among other key issues. This report goes well beyond the scope of welfare payments and support services, as it looks into numerous factors that are likely to affect our collective wellbeing.

Among other things, the report looked into home ownership rates, which are declining rather rapidly among young people due to unsustainable price growth. Just 50% of people aged 30-34 own their own home, which is down from 64% in 1971. While the overall proportion of people who own their own home remains within the 67-70% range where it has been since the mid-1960s, more young people are renting than ever before. In just the last decade, the percentage of 35-54 years olds renting has risen from 21% to 27%.

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Buyers back in the Market

September 18th, 2019
Property prices in key markets continue to rise, with an increasing number of buyers taking out mortgages in case growth rates gain momentum. While national prices are still down according to the latest ABS data, the tide is starting to turn in Sydney and Melbourne. CoreLogic has recorded price gains in Australia's two biggest markets over the last three months, which may be a sign of better things to come nationwide. Despite improving conditions, buyers are being affected by a lack of hou [...]

Trade War Intensifies

September 18th, 2019

The trade war between the United States and China is not limited to two nations, with global markets continuing to feel the pressure. As a chief political ally of the US and major exporter to China, Australia is somewhat caught in the middle. The trade war recently intensified with the addition of new tariffs, with the escalation sending shock waves […]

Looking after your Joints with Exercise

September 12th, 2019

Everyone knows about the positive impacts of exercise, with cardio and strength routines able to improve your health and upgrade your quality of life. Getting regular exercise is not always easy, however, with lifestyle constraints and existing physical problems often getting in the way. It’s important to work through these problems, however, with arthritis, painful joints and stiffness responding well […]

Turning Carbon Dioxide Into Fuel

September 5th, 2019

In order to deal with climate change, corporate greed and political inertia, a multitude of new energy solutions are required. While renewable solar and wind power is an important piece of the puzzle, scientists are also developing clever ways to capture existing carbon dioxide from the atmosphere and turn it into usable fuel. This transformative process almost sounds too good […]

Wages Growth Remains Flat

August 22nd, 2019

Wages in Australia continue to flatline, with annual wage growth failing to make any real impact to living expenses and conditions on the ground. According to the Australian Bureau of Statistics (ABS), the wage growth index was up just 0.6% for the June quarter, which gave it a modest increase of 2.3% for the year. Vast differences were also found […]

Signs of an End to the Housing Downturn

August 20th, 2019

Australian property prices may have reached the bottom, at least for the moment. Despite falling prices in some markets, the worst housing downturn in modern history may be coming to an end earlier than expected. CoreLogic’s monthly index has looked fairly positive over the last couple of months, with modest price rises in July adding to early increases in June […]

Why are Allergies on the Rise

August 8th, 2019

The world is becoming increasingly allergic to common foods, with children in particular likely to develop new allergies. When analysed on a global basis, the spread of allergies is far from even, with Western nations increasing at a much faster rate and specific countries much worse than others. While no-one knows for sure why allergy rates are increasing, a number […]

The Rise of the Microworker

August 5th, 2019

The world of work is changing all the time, with long careers less likely in the modern world and microwork opportunities coming to the foreground. Microwork is a series of small tasks that combine together to create a single unified project. Microworkers are normally employed in the technology sector, as a kind of virtual assembly line that flows between skill […]

The Definition & Creation of Liveable Cities

August 1st, 2019

Everyone wants to live in a location where life is easy to manage and stress levels are as low as possible. With most people in the Western world living in cities, politicians and town planners are constantly striving to create the most liveable conditions possible. From transportation and accommodation through to work and school opportunities, there are lots of things […]

Do Australian Property Buyers Need Agents

July 15th, 2019

Many real estate markets around the world utilise separate seller’s and buyer’s agents to make the transaction as seamless as possible for all involved. While there are exceptions, the Australian property market works on the basis that the seller has an agent but the buyer acts for themselves. While this can be beneficial in certain situations, having an agent in […]