Confidence among businesses lifts again
April 12, 2016
Record low rental yields in Sydney and Melbourne a risky sign, Moody’s warns
April 12, 2016

Here’s a fun experiment you can try at home: Open the online mortgage calculators of Wells Fargo, Halifax, part of the UK’s largest mortgage lender Lloyds Banking Group, and Commonwealth Bank of Australia, and tap in the median income in each country; US$53,657, £25,844 ($US36,673) and A$59,571 ($US44,970) respectively. Which bank looks most generous?

If you’ve followed international housing surveys such as Demographia’s — which reckons four of the world’s 10 least-affordable markets are in Australia and New Zealand — you won’t be surprised by the answer. READ More: