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…
Read moreAuthor: Adam Nobel
Where we’re growing
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…
Read moreAverage home now $933,800
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…
Read moreAct globally, at home
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…
Read moreNo bets either way, RBA says
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…
Read moreSavings from a rainy day
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…
Read moreBuyers have cash
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…
Read moreLight up and grow
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…
Read moreAussies buying again
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…
Read moreLending down, not out
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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