Data from the Australian Bureau of Statistics and the Real Estate Institute of Australia shows that uneven performances across the country are slowing the overall pace of property price growth.
Australia’s economy contracted during the September 2016 quarter, only the third decline in the last decade, due in part to a decline in construction activity.
Aussie families fork out $1,200 every year for stamp duty
The Housing Industry Association's Stamp Duty Watch reveals current rates of stamp duty mean the typical Australian family is paying more than $100 in additional mortgage repayments each month.