The pandemic has wiped out the accumulated growth of the residential property operation industry in the last few years and sent employment and revenue
Many industries (namely tourism and higher education) in Australia are badly hit by the Covid19 pandemic. This could be a perfect time to change.
The Australian economy grew 0.4 per cent in seasonally adjusted chain volume terms in the September quarter 2019 and 1.7 per cent through the year.
The Australian property market is characterised by its extreme short-term volatility, and long-term consistent capital growth.
In seasonally adjusted terms, lending commitments to households fell 1.3% in May 2019, following a 0.6% rise in April.