Australia - Cost of Living.

[Rorschach]

They are the figures Nef.
the official figures.

[Neferti]

They are the figures Nef.
the official figures.

I realise that, mate, but I do NOT believe that Sydney/Melbourne/Canberra can have a similar "median price".

[Rorschach]

Well what you believe may be wrong.
RP DATA is the recognised DB, fact and figure go to used by the majority of RE Agents in Australia.
I did ask you for your take on the figures...

[Super Nova]

They are the figures Nef.
the official figures.

I realise that, mate, but I do NOT believe that Sydney/Melbourne/Canberra can have a similar "median price".

I do. I know Sydney and Melbourne are similar and public servants are clearly paid too much.

[Rorschach]

I'd expected Sydney, Melbourne and Perth to be at the top... Canberra surprised me.

[Neferti]

It surprised me too but I haven't been checking the prices recently. Have a look at the All Homes site and have a browse in various areas ... I notice some 1 bedroom apartments in Deakin going for $550,000 + ... amazing. Houses with 4-5 bedrooms are expensive. This is Canberra though, views of the Brindabellas is about all we have to offer.

http://www.allhomes.com.au/ah/act/sale-residential

[Rorschach]

Most Australians believe the cost of living has soared over the past year
Poll finds 72% believe cost of living has worsened, while two in three say electricity costs have risen
Daniel Hurst, political correspondent
theguardian.com, Tuesday 21 October 2014 19.18 AEST

Australians overwhelmingly believe that the cost of living, electricity bills and unemployment have increased in the past year, according to a new survey.

The Essential poll asked 1,801 people to consider a range of economic issues compared with the situation 12 months ago.

Demonstrating why cost of living remains a potent political issue, 72% of respondents said it had got worse in the past year, while only 6% said it was better.

About two in three, or 67%, of survey participants said electricity costs had worsened, with 7% saying they had improved – indicating that people are yet to notice any substantial savings from Tony Abbott’s scrapping of the carbon tax.

Job security and unemployment also looms as an enduring concern, with about 60% reporting a deterioration against these indicators.

Asked about the overall economy, 50% said it had worsened and 18% said it had improved. Just over half of respondents said national debt had increased.

Some 44% of participants said their personal financial situation had deteriorated in the past year, 35% reported no change, and 16% said it had improved.

But in a separate section of the same survey, only 7% said they did not have enough money for basic essentials such as housing, food and electricity. About 35% said they had enough money for essentials but not enough to save money, while 47% said they had enough money for essentials and could save a little money. About 8% could save a lot of money.

The Coalition government is seeking Senate support for a raft of budget measures, including deregulation of university fees, introduction of a Medicare co-payment, and changes to welfare payments. Labor is campaigning against the “rotten” and “unfair” measures by highlighting the impact on household budgets.

[Neferti]

I certainly do NOT have a problem, except that I have too much in the bank, so I am wasting it on new furniture and other stuff that I don't need.

[Jasonofabitch]

I'm Poor.

But I'm not in Debt.

[Neferti]

I'm Poor.

But I'm not in Debt.

Well done! Feels great not to owe a penny.