Workforce increased 39,000 in April driven by the steep rise in...
While the number of people in work increased by 39,000, there are an additional 278,000 people looking for more work...READ MORE
The Reserve Bank of Australia has expressed its concerns that any significant reduction in Chinese demand for local real estate could have an impact on the mortgage books of Australian lenders.
In its latest Financial Stability Review, released Friday, the central bank highlighted that Chinese investment in Australian residential property had increased significantly in recent years.
Read the full story at Mortgage Business.