Driven by ultra-low interest rates, the average loan for buying existing homes has reached 500,000 yuan, raising concerns that many people are carrying more debt. Australian Bureau of Statistics data shows that the average loan for existing homes in NSW in 2019 increased by 112,600 yuan (22.2%) to an all-time high of 621,500 yuan. In…
Australian universities are actively lobbying the government to exempt foreign students from entry bans. As cabinet ministers prepare to set up a special group to assess the economic impact of the extension of the entry ban, the Morrison government has rejected lobbying by the 38 billion university industry seeking an exemption of 100,000 international students…
Australian government officials are negotiating with Chinese authorities to relax its Internet firewall to allow international students to use Australian universities’ online and video education courses. With the international student market in Australia facing a potential loss of $ 8 billion, Minister of Education Dan Tehan and Trade Minister Birmingham convened an international education global…
The Australian University Federation asked the federal government to apologize for holding and interrogating Chinese students for hours when the travel ban was introduced. On Saturday night, about 70 Chinese students were blocked at Sydney Airport, partly denied entry due to a federal ban just hours ago. Chinese students have also been questioned in Melbourne…
The Australian real estate market is welcoming people from all over the world. After buying a property, you should choose to invest or do it yourself. Is a problem that has long plagued home buyers. In simple terms, the main purpose of self-occupied property is to live, while investing in real estate is to obtain…
Concerned that the Chinese economy is slowing down and affecting the Australian economy, the market expects that the next rate cut will be in May. Interest rate traders last week generally expected a 0.25-point rate cut in June, but now they think it will be cut in May. The previous major analysts had expected that…
Australian house prices continued to rise in January, with more than just Sydney and Melbourne. The capital cities of Southeast Australia continued to lead, with Melbourne up 1.2% and Sydney 1.1%, but other cities also rose, and the struggling Perth and Darwin markets also rose 0.1%. Overall, CoreLogic figures show that growth has slowed from…
Foreword Buying a house is probably one of the most important plans for a person. Many believe that the seller must disclose matters affecting the value of the real estate, especially if the buyer has no other way to find the full history of the house. Lawyers or transporters acting on behalf of the buyer…