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Australia and New Zealand Banking Group (ANZ) recently announced it had acquired REALas, a tech startup that provides pricing predictions for Australian real estate.
Perth’s median house price adjusted back marginally by 1% to $510,000 for the three months to September – a shift which prompted REIWA president Hayden Groves to say that the market had levelled out.
The ratio of household debt to disposable income was recorded at 193.7% at the end of June, and now sits at a record-high, having increased by 2% over the quarter and by 3.9% over the year, according to the latest quarterly household finance data from the Reserve Bank of Australia (RBA).
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