Tag Archives: australia

Australian GDP Growth Slows

Australian Q1 2011 GDP release, reported the largest quarterly contraction of 1.2%. Farm GDP declined by 10%, while non-farm GDP declined 1% on a quarter-to-quarter basis. “Flooding, which began in late December 2010 combined with cyclones in both Queensland and … Continue reading

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Australian Employment and House Prices

The recent Labour force release from the Australian Bureau Statistics reported that the unemployment rate decreased from 5.0% to 4.9%. What does this mean for house price inflation? Chart.1 Unemployment in 2011 Chart.1 shows the recent employment rate at the … Continue reading

Posted in Affordability, australia property price, employment, House Price, Property, Property Cycle, Real Estate, unemployment | Tagged , , , , , | Leave a comment