Disposable incomes increase in Australia
December 9 2010 No Commented
Australians are becoming richer, but more cautious after the global financial crisis. Riskmark says the nation’s home price-to-disposable income ratio has fallen from 4.6 times to 4.4 times, between the June and September quarters. Rismark says this trend is likely to continue next year, with disposable incomes on a per household basis growing by 6.8 per cent over the past 12 months.
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