Wed, 26th Mar 2025

In this week's Financial Services Online podcast, Paige Estritori discusses rising property prices in Melbourne, marking it as the most affordable capital city in Australia with an 8.2% growth over the past five years and strongest growth in dwelling values in over a year. This affordability, coupled with a desirable lifestyle and thriving amenities, attracts buyers, notably from Sydney. On the other hand, the Australian unemployment rate remains steady at 4.1% despite significant job losses, leading to suggestions of a potential rate cut by the Reserve Bank of Australia to boost economy. These important finance updates are part of the weekly news covered in this podcast.n