Deloitte forecasts an underlying cash deficit of $4.9 billion in 2018-19 — the smallest since the global financial crisis — followed by a small surplus of $4.2 billion in 2019-20.
Source: ABC
https://www.abc.net.au/news/2018-11-26/ ... n=business
Deloitte forecasts an underlying cash deficit of $4.9 billion in 2018-19 — the smallest since the global financial crisis — followed by a small surplus of $4.2 billion in 2019-20.
"We now expect Sydney to decline by around 20 per cent from peak to trough, while Melbourne is expected to fall around 15 per cent" .
According to CoreLogic estimates, real estate prices in Sydney have fallen about 14 per cent since their peak in 2017 while the slump in Melbourne has averaged about 10 per cent.
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