Think property prices have gone a little bonkers? You’re not the only one. Which is why a report with 16 recommendations to tackle housing affordability has just been plonked on pollies’ desks in Canberra. Today we’ll run through them for you (succinctly, we promise).

How much do you need to borrow to buy a typical Australian home these days? Well, the average loan size has increased dramatically over the past year – up almost $100,000.

You’ve probably noticed that house prices in Australia consistently outstrip growth in wages. But by how much? And what can you do to make sure you’re not forever chasing the great Australian dream?

Back in March the Australian Federal Government introduced a range of measures to assist the economy during COVID-19, one of which was the ability for financially affected people to withdraw from their superannuation.

The purpose of the measure was to assist these people to be able to afford their living expenses in the event that they were stood down, laid off, or had their hours reduced, as a result of COVID.

However many people seemed to have other ideas in mind for the cash.