Tue, 4th Feb 2025

This episode from Financial Services Online delves into the current finance news including Australian markets' significant losses due to ongoing trade issues with the United States, sparked by new tariffs. These tensions have greatly impacted the materials, mining sectors and major banks, elevating fears of a global trade war. The episode also touches on growing property price disparities highlighted in a recent CoreLogic report. It discusses how houses in Melbourne are increasingly unaffordable, costing 51.1% more than units, a gap that is only widening. This trend is mirrored nationally, as property prices continue to surge due to high demand, limited land availability, and population increase, pushing buyers towards alternative housing solutions. Tune in for more insights on finance trends and the Australian economy.n