Relaxed and comfortable

Article Abstract:

The rising debts of Australian households are discussed. Over the period spanning around 30 years Australians have learnt to spend more than what they earn bringing the average household debts to a whopping 135% of household disposable income. Australians are however not very concerned at the trends, because almost 85% of these debts are on mortgages of residential property which have risen spectacularly between 1996 and 2003 and have not crashed in 2004 as was forecasted. In fact, the house prices grew in 2004 though by a single digit.

Residential Building Construction, Commodity & service prices, Housing incl Mobile Homes, Consumer Expend-Housing & Operatns, Economic aspects, Prices and rates, Housing, Beliefs, opinions and attitudes, Dwellings, Australians, Company pricing policy, Personal income

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Stunted growth

Article Abstract:

Each Australian state will feel the effects of a consumer spending drop but the end of the housing construction boom will hit Victoria and South Australia the hardest.

Construction, Engineering Services, Engineering & Architectural Svcs, Engineering & Architectural Services, South Australia, Victoria, Analysis, Construction industry, Stationery, Writing materials

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