What do you think is the biggest risk right now in Australia?
Australia Real Estate Bubble Will Collapse As Housing Price Rise and Unsustainable Debt Levels!
Australia has been rather quiet since the Global Financial Crisis. Their activities have been overshadowed by countries such as the U.S. and China even within the nation itself. Sometimes it’s hard to see the forest from the trees they say. Well, it’s important to understand the unbelievable debt load that Australians are experiencing today and how that will play out in the near future.
How Australia’s Banks Became the World’s Biggest Property Addicts
https://www.bloomberg.com/graphics/2018-australia-consumer-debt/
Current Mortgage Rate From 3.39% | Compare 2018 Loans | RateCity
https://www.ratecity.com.au/home-loans/mortgage-rates
Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases | RBA
https://www.rba.gov.au/media-releases/2018/mr-18-16.html
Australia Interest Rate | 1990-2018 | Data | Chart | Calendar | Forecast
https://tradingeconomics.com/australia/interest-rate
No Deposit Home Loans & Mortgages: How To Borrow 100%
https://www.homeloanexperts.com.au/no-deposit-home-loans/
top-importers-countries-2017-d5fb.jpg (1600×1239)
https://cdn.howmuch.net/articles/top-importers-countries-2017-d5fb.jpg
Cost of Living in Sydney. Jul 2018. Prices in Sydney
https://www.numbeo.com/cost-of-living/in/Sydney