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To use economic data and quality analysis to decipher the state of the Australian economy.

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Percentage of women in Australia with Breast Implants :- Maximum of 4% of female population 18+

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Labor's Shared Home ownership scheme...creating another Commbank?

 I read with interest about Labor's new shared Home ownership scheme it is promoting. Basically it is saying that it will provide a portion of the Home loan for an equity stake in the home that will be redeemable on the sale of the property. It is similar to schemes in other states, like WA's Key Start program. Have a couple of questions based on that type of scheme however. 1. By providing a portion of the mortgage, effectively the Government is providing housing finance and loans and indeed, a second mortgage over the property, similar to what commercial banks do. Will that mortgage be subject to an interest rate? One of the key criticisms of the WA keystart scheme is that the interest rate is higher than commercial lenders to encourage people off the scheme when they are able to. 2. The other issue is choice of property. Keystart in WA does not allow any property to come under the scheme. The government will actual purchase property for use for the program and only those hou...
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Top 20 ranked Soccer sides potentially going to be knocked out of the group stages of World Cup

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