Residential construction companies in Australia have been toppling like dominoes, and this has left many depositors in a very difficult financial position.
Adjusted for inflation, Australians are being paid less than they were in 2020. These four charts show what’s changed in how we work – and the growing gap between your pay and what you can afford to buy.
Australia is seeing mortgage stress and other cost-of-living pressures rise, but we can avoid the financial impact being felt in the UK and US, says a UNSW Business School real estate expert.
