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Mansion in the sky

By Adam Nobel

Vacant land is rare in the city of Bengaluru, India, but that hasn’t prevented a local magnate from building his dream house – 122 metres in the sky. Sitting on top of a 33-story luxury apartment complex, Vijay Mallya’s incongruous…

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Where we’re growing

By Adam Nobel

Australia’s population grew by 2.5% to 26.8 million people over the year to 30 September 2023, the Australian Bureau of Statistics said this week. Western Australia had the fastest-growing population, up 3.3% compared with the previous year. This was followed…

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Average home now $933,800

By Adam Nobel

The average price of a home in Australia is now $933,800, according to data released this week by the Australian Bureau of Statistics. The latest figures show that the total value of residential dwellings in Australia in the December quarter…

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Act globally, at home

By Adam Nobel

This Saturday, 23 March, Earth Hour will bring millions of people together at 8:30 pm local time for one hour in a symbolic call for more action on climate change. Every year since 2006, the hour of no power has…

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No bets either way, RBA says

By Adam Nobel

In another no-surprise decision, the Reserve Bank of Australia (RBA) has elected this week to leave the official cash rate on hold at 4.35%. Yet while economists have been widely predicting that interest rates could start coming down in a…

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Savings from a rainy day

By Adam Nobel

This Friday (22 March) is World Water Day, a day to raise awareness of this precious commodity. Do you monitor your household’s use of water, or has recent wet weather caused you to become a little complacent? While we might…

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Buyers have cash

By Adam Nobel

Over a quarter of all homes purchased in Australia’s eastern states were funded entirely with cash in 2023, with buyers immune to recent interest rate hikes, according to a report released by Property Exchange Australia (PEXA) this week. PEXA’s 2023…

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Light up and grow

By Adam Nobel

Is it a pot plant or table lamp? Designed by California-based startup Moss, the Self-Watering Grow Lamp can cultivate plants and herbs on its own while illuminating dark spaces in any room. No longer do you need constant sunlight to…

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Aussies buying again

By Adam Nobel

Australians are feeling more confident about their home buying plans, according to new research. The latest Westpac Home Ownership Report has found 44% of Australians plan to buy a new home in the next five years – increasing 9% since…

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Lending down, not out

By Adam Nobel

Lending in all sectors of the housing market took a break over January this year, according to data released this week by the Australian Bureau of Statistics (ABS). The latest figures show that the total number of new owner-occupier home…

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