Fall In Jobless Rate To Fuel Higher House Prices
Kanebridge News
Share Button

Fall In Jobless Rate To Fuel Higher House Prices

Unemployment is at its lowest since figure March 2020.

By Terry Christodoulou
Fri, Mar 19, 2021 11:13amGrey Clock < 1 min

Unemployment has fallen sharply over February and is now close to pre-covid shutdown levels.

According to data from the Australian Bureau of Statistics (ABS), the national unemployment rate seasonally adjusted fell sharply by 0.5% over February to 5.8%, the lowest rate since the pre-covid results of 5.2% recorded over March 2020.

Following strong buyer demand in Australian capital cities, with Sydney and Melbourne housing prices rising sharply in the first quarter of the year, experts are tipping lower unemployment figures to fuel higher housing prices.

“A rapidly improving labour market will enhance housing affordability and confidence, adding upward pressure on already strongly growing prices,” Dr Andrew Wilson, Chief Economist My Housing Market said.

All states reported falls in the jobless rate over February with Queensland performing strongest, falling 0.8%. NSW and VIC reported the lowest jobless rates at 5.6%.

“Concerns over the possible significant negative impact on the economy of the tapering of the Job Keeper allowances at the end of this month will also likely to be misplaced – again,” Dr Wilson added.



MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual

Related Stories
Property
The designer’s Mind: Delving into the Best Interior Design Books
By Kanebridge News 24/05/2023
Property
Here’s What It Looks Like When Americans Retire Overseas
By ANNE TERGESEN 22/05/2023
Property
Why Wealthy Homebuyers Are Flocking to Puerto Rico
By E.B. SOLOMONT 19/05/2023
The designer’s Mind: Delving into the Best Interior Design Books
By Kanebridge News
Wed, May 24, 2023 3 min

There’s no shortage of design inspiration online but nothing beats the joy of spending an afternoon immersing yourself in a good interior design book. Edited, carefully curated and, above all, designed, these titles take you behind the scenes of some of the world’s most beautiful interiors in a considered way. Think of it like the difference between listening to a few tunes on Spotify versus releasing a thoughtfully crafted studio album. We’ve assembled our top six of interior design books on the market right now for your viewing and reading pleasure.

1. Interiors beyond the primary palette 

Arent & Pyke: Interiors Beyond the Primary Palette : Arent & Pyke, Arent, Juliette, Pyke, Sarah-Jane: Amazon.com.au: Books

Step inside the world of award-winning interior design duo Juliette Arent and Sarah-Jane Pyke in this, their first compendium of their work. A ‘best of’ over more than 15 years working together, it’s a masterclass in working with colour and pattern as seen through 18 projects from around the country. With a focus on the idea of home as sanctuary, this hefty tome offers insight into the mind of the designer with points on where to find  inspiration, meeting client briefs and the importance of relationships. Thames & Hudson, $120

2 House of Joy

House of Joy - Playful Homes and Cheerful Living - gestalten EU Shop

If there was ever a book title for our times, then this is it. With a subtitle of Playful Homes and Cheerful Living, this book champions fun in interior design, with bold and bright homes from around the world to delight and inspire. While there’s a good dose of the unexpected, like a disco ball in the garden, there’s no mayhem in these spaces. Instead, they’re beautifully executed to tempt even the most colour shy. Gestalten, $105  

3. Abigail Ahern Masterclass

Abigail Ahern's Masterclass :HarperCollins Australia

Some design books are beautiful to look at, and that’s it. This is not one of those books. A master of colour and pattern, UK designer Ahern offers a practical foundational guide to beautiful interiors, mixing form with function in her latest book, Masterclass. Find the inspiration you need to create a gorgeous home. HarperCollins, $65  

4. Interiors Now!

Looking for a visual crash course in international design trends with longevity? This is the book for you. Featuring homes across the globe, from New York to Auckland via Avignon, the biggest dilemma for readers is settling on a style. Many of the projects are owned by designers and creatives, lending a dynamic edge to this tome, now in its 40th year. Taschen, $50

5. Home by the Sea 

Home by the Sea, The Surf Shacks and Hinterland Hideaways of Byron Bay by Natalie Walton | 9781743798256 | Booktopia

For many Australians, the ocean holds an almost hypnotic appeal. Home by the Sea by Natalie Walton lets you imagine, for a little while at least, what it’s like living the dream in a beach shack in Byron Bay. The book tours 18 homes in and around the region and the hinterland owned by artists, designers and makers. With photography by Amelia Fullarton, it champions the good life. Hardie Grant, $60            

6. The Layered Interior

The Layered Interior - Greg Natale

Released last year, this is the third volume from award-winning interior designer Greg Natale. Different in format from his earlier books, the eight projects featured are Australian but with a slight Euro-centric focus. The writing is conversational, almost intimate, inviting the reader into the most luxurious spaces beautifully captured by photographer Anson Smart. This coffee table tome is perfect for dreamers and doers alike. Rizzoli, $110 

MOST POPULAR

Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual

Pamela Anderson House

Inspired by some of California’s best known Modernist architecture.

0
    Your Cart
    Your cart is emptyReturn to Shop