Canberra rents continue to rise, still most expensive capital city to rent a house

Canberra house rents have continued to rise, and remain the highest out of all capital cities, according to the latest Domain data. The median asking rent for houses in the nation’s capital has jumped 7.5 per cent over the year to $570 per week, with the Domain Rental Report for the March quarter finding Canberra has experienced the highest growth out…

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Airconditioning’s cool breeze turning into higher global temperatures as demand soars

The race is on to improve the humble home airconditioning unit due to fears increasing demand for it could take a significant toll on global temperatures. With room airconditioning units alone expected to cause a 0.5-degree temperature increase, experts say urgent action needs to be taken to revolutionise the industry before it’s too late. Enter the…

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Perth house prices: The federal electorates where house prices continue to keep falling

House prices across Perth have continued to fall since the last federal election, with prices in all electorates declining except for Stirling, new Domain data has revealed. Domain economist Trent Wiltshire said after signs of a turnaround in early 2018, Perth property prices have fallen further. “The negative impact of tighter bank lending conditions and…

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Federal budget 2019: Government slammed for lack of affordable housing measures

The federal government has come under fire for its lack of focus on new housing affordability measures in Tuesday night’s budget. Despite Treasurer Josh Frydenberg declaring “housing affordability is a priority for our government”, there were no new announcements on the issue. The Coalition recommitted to its promise from last year’s budget to give $1.6…

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