The Trader 

Market Outlook: Why buy an Australian home?

The Trader

Data out this morning show that home loans in Australia slumped by 6.1 per cent in December following a 0.9 per cent decline in the previous month. Not only was the drop far bigger than anyone predicted but on a quarterly basis is one of the biggest falls since the series began in 1975. Data of this magnitude was last seen during the 2008-2009 financial crisis and confirms that sentiment, even for a country that last saw a recession in 1991, can shift extremely quickly and on a whim.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now