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The 10 most important things in the world right now

Tuesday 9 October 2018

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The 10 most important things in the world right now

Hello! Here's what's happening on Wednesday.
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The boom times for foreign investment in Australia's housing market are over

The trend for Australian homes being bought by foreign investors is now reversing, and fast.
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A ticking time bomb in China has global markets looking really shaky right now

Global markets have been jittery in recent days.
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Home loan borrowers in the outer suburbs of Australia's capital cities are vulnerable to an economic downturn

Delinquencies are higher in the outer suburbs of Australia's capitals.
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Confidence among property professionals has 'collapsed'

An increasing number of respondents see prices falling faster in the year ahead compared to forecasts offered three months ago.
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Pay growth for millennials is stunted

Bad news for millennials. 
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There's an enormous number of homes under construction in NSW and Victoria at a time when prices are already falling

Now here's a chart that will be cheered by some and bemoaned by others. 
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Whales are following a highway that runs through a 'lost world' of underwater volcanoes off the coast of Tasmania

The hills and valleys were likely formed many millennia ago by ancient volcanic activity.

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