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RENTS IN AUSTRALIA ARE RISING AGAIN, WITH TENANTS IN SOME CITIES PAYING UP TO 12% MORE THIS YEAR

Almost 12 months after it began, rental markets appears to have largely shaken off the ill-effects of the pandemic for now. According to property investment house SQM Research, the national vacancy rate is now 2%, below the pre-pandemic level of 2.1%, as capital city markets around the country continue to...

Rates on Hold

Today’s decision marks the 13th consecutive month that the cash rate has been left at the historically low setting of 1.5%.