Five finalists compete today for auctioneering glory
Two New Zealanders have made it into the top five for today's finals, which will determine the Real Estate Institute's 2016 Australasian Auctioneering Champion.
According to a report just released home ownership is slipping away for many Australians and soon less than half of all adults will own their own home.
The Reseve Bank's decision to cut rates to historic lows has been met with broad approval by the property sector, but low stock levels in some markets could cause prices to continue rising strongly.
The lending figures show that the macro prudential measures introduced are working and that owner occupiers are the dominant force in the stabilising market.
