tag:blogger.com,1999:blog-35456739428898069932024-03-06T16:36:40.489+08:00Finding a Home in Perth...Perth Real Estate TipsUnknownnoreply@blogger.comBlogger392125tag:blogger.com,1999:blog-3545673942889806993.post-49461501794030548092023-12-09T21:56:00.003+08:002023-12-09T21:56:34.552+08:00Perth has the Cleanest Air in the World, except Zurich<p> When people come to Perth, they often admire the air and of course, we would just think that it was a general expression about our clear blue skies. What has become official is that Perth actually has the second cleanest air in the world, second only to Zurich, Switzerland! According to House Fresh which is a publication on air quality, Perth is the second most unlikely place in the world that you would need an air purifier. Apparently, their <a href="https://housefresh.com/the-cities-with-the-most-and-fewest-good-air-days/">scientific method</a> of measuring air quality found that Perth has 365 days a year of clean air. Only nine cities in their survey met this criteria, with six of them coming from Australia or New Zealand. </p><p>So for those wondering if there is something in the water in Perth, it's more likely what's not in the air that you are really noticing. </p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-42979768604328240302023-11-07T18:05:00.004+08:002023-11-10T14:21:42.944+08:00RBA Increases cash rate to 4.35% - which banks have followed? <p>Today, the RBA increased the cash rate by another 0.25% due to the persistent inflation rate in Australia and around the world. This is the highest rate in 12 years. So which banks have followed the RBA in raising their interest rates?</p><p><b>Commonwealth Bank -</b> up 0.25% from 17 Nov.</p><p><b>Bankwest -</b> up 0.25% from 17 Nov.</p><p><b>NAB </b>- up 0.25% from 17 Nov.</p><p><b>Westpac </b>- up 0.25% from 21 Nov</p><p><b>ANZ </b>- up 0.25% from 17 Nov</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-10688861643191880792023-07-25T00:17:00.001+08:002023-07-27T00:20:43.551+08:0028% in the Last 12 months - Why Perth Suburb Winthrop leads Australia<p><span style="background-color: white;">Unbelievable. Just down the road from where I grew up, Winthrop was in a major news article recently as the nation's fastest growing suburb by median house price. We asked our buddy Chat GPT to tell us what's the deal with Winthrop? How did it increase in value by 28% according to RealEstate.com.au? </span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 0px 0px 1.25em; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">Discovering Winthrop: A Suburb of Perth that Radiates Excellence</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Nestled in the southern suburbs of Perth, Western Australia, lies the picturesque neighborhood of Winthrop. This hidden gem has gained a reputation for being one of the most desirable places to live, and for good reason. With its prime location, excellent amenities, and a strong sense of community, Winthrop stands out as a suburb that radiates excellence.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">1. Prime Location</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Winthrop's location is one of its most enticing features. Situated just 15 kilometers south of Perth's bustling CBD, residents enjoy easy access to the city's vibrant offerings while still being able to revel in the serenity of suburban life. Its proximity to major roadways and public transportation options ensures that commuting to the city or exploring nearby attractions is a breeze.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">2. Top-Notch Education</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Families are drawn to Winthrop because of its excellent educational opportunities. The suburb is home to sought-after schools, including the renowned Winthrop Primary School and Winthrop Baptist College. With a strong emphasis on education and extracurricular activities, parents can rest assured that their children are receiving a top-notch education.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">3. Lush Green Spaces</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Nature enthusiasts will find solace in Winthrop's lush green spaces and parks. The popular Piney Lakes Reserve offers a perfect escape to nature, boasting serene walking trails, abundant wildlife, and opportunities for picnics and family outings. Residents can also enjoy the beautifully landscaped gardens and open spaces that adorn the streets of Winthrop, creating a tranquil and inviting atmosphere.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">4. Community Spirit</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">The tight-knit community in Winthrop is one of its defining features. Neighbors are known for their friendly demeanor and strong sense of belonging, creating a warm and welcoming environment for newcomers. Regular community events, such as markets and gatherings, foster a sense of camaraderie and provide opportunities for residents to connect and build lasting friendships.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">5. Abundant Amenities</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Winthrop leaves no room for disappointment when it comes to amenities. The Winthrop Village Shopping Centre provides residents with a convenient hub for all their shopping needs, from groceries to dining options. Additionally, the nearby Garden City Shopping Centre offers a wide array of retail outlets and entertainment choices, catering to diverse preferences.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">Conclusion</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px 0px; white-space-collapse: preserve;"><span style="background-color: white;">Winthrop shines as a suburb that encapsulates the essence of the quintessential Australian dream. With its prime location, outstanding educational facilities, lush green spaces, vibrant community spirit, and abundant amenities, it is no wonder why Winthrop is considered one of the best places to reside in Perth. Whether you're a family seeking an idyllic environment for your children, a nature lover yearning for serene landscapes, or an individual in search of a close-knit community, Winthrop has something to offer everyone. Embrace the beauty and excellence that Winthrop exudes, and you'll find a place you'll be proud to call home.</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-60814618181629209212023-07-20T00:15:00.000+08:002023-12-09T12:32:58.240+08:0020 Things AI Hates about Perth<p><span style="background-color: white;"> <span style="color: var(--tw-prose-bold); font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; font-weight: 600; white-space-collapse: preserve;">20 Common Gripes: Things People Don't Like About Perth, WA</span></span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth, the charming capital city of Western Australia, is often praised for its stunning beaches, laid-back lifestyle, and thriving economy. However, like any place, it's not without its share of complaints and grievances. While many people adore Perth, some residents and visitors have their reasons for disliking certain aspects of the city. In this article, we'll explore 20 common gripes that people have about Perth, offering a balanced perspective on both the positives and negatives of living in this beautiful city.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">1. Hot Summers:</span> Perth's scorching summer temperatures can be challenging for those who prefer cooler climates.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">2. Limited Public Transport:</span> Some residents feel that Perth's public transport network is not as extensive or efficient as in other major cities.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">3. Distance from Other Cities:</span> Perth's isolation on the western coast of Australia can make travel to other cities or countries more time-consuming and expensive.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">4. Expensive Flights:</span> Traveling to and from Perth can be costly due to its remote location.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">5. Lack of Nightlife:</span> Compared to some other Australian cities, Perth's nightlife scene may be perceived as more limited.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">6. Early Closing Times:</span> Some people find it frustrating that many establishments, including bars and restaurants, close early in the evening.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">7. High Cost of Living:</span> The cost of living in Perth, particularly housing prices, can be a concern for some residents.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">8. Limited Shopping Options:</span> While Perth has a variety of shopping centers, some may feel that the shopping scene lacks diversity compared to larger cities. <b>[Most cited reason from tourists that we talk to. Everything closes after 6pm is the usual comment. Yes, spud shed is open 24 hours but is spud shed next to the Hilton?]</b></span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">9. Traffic Congestion:</span> As the city grows, traffic congestion can be an issue, especially during peak hours.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">10. Limited Job Opportunities:</span> Certain industries in Perth, outside of the resources sector, may have limited job opportunities.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">11. Lack of Public Wi-Fi:</span> Free public Wi-Fi options may not be as widely available as in some other cities. <b>[Actually you can get free wifi from any Telstra Payphone. When you land in Perth Airport there is also free wifi]</b></span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">12. Strict Liquor Laws:</span> Perth's liquor licensing laws can be perceived as restrictive by some.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">13. Lack of Cultural Diversity:</span> Some people may feel that Perth lacks the same level of cultural diversity found in larger metropolitan areas. <b>[OK so Perth is a little uncultured, but I think this has changed quite a bit already. Maybe not like Melbourne sure]</b></span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">14. Limited Public Events:</span> While there are events in Perth, some may wish for a more extensive calendar of public gatherings.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">15. Limited Public Art:</span> The city's public art scene may not be as robust or prominent as in other cities.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">16. Short Daylight Hours in Winter:</span> During the winter months, the daylight hours in Perth can be shorter, affecting outdoor activities.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">17. Harsh Sun and UV Exposure:</span> Perth's strong sunlight requires residents to be vigilant about sun protection.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">18. Sandstorms:</span> Occasionally, Perth experiences sandstorms, which can create temporary inconvenience and affect air quality. <b>[Never knew there were sandstorms...]</b></span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">19. Lack of Rainfall:</span> Perth's Mediterranean climate means that it experiences relatively low rainfall, leading to water conservation measures. <b>[True. We get excited about rain]</b></span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">20. Limited Public Spaces in the CBD:</span> Some people feel that the central business district could offer more public spaces for relaxation and recreation.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px 0px; white-space-collapse: preserve;"><span style="background-color: white;">It's essential to remember that these gripes are subjective and may not reflect the overall sentiment of all Perth residents. Despite these perceived negatives, Perth remains a sought-after destination for many due to its natural beauty, friendly locals, and overall high quality of life. Like any city, Perth has its quirks and drawbacks, but it also offers a unique and delightful experience to those who call it home.</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-11304343358569605282023-07-11T00:10:00.000+08:002023-07-27T00:15:29.583+08:0010 Things You Should Know When Moving to Perth according to AI<p><span style="background-color: white;"><span style="color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; white-space-collapse: preserve;">Moving to a new city or country is an exciting adventure, but it also comes with its share of challenges and uncertainties. If you are considering a move to Perth, Australia, you are in for a treat. As the vibrant capital city of Western Australia, Perth offers a unique lifestyle, stunning landscapes, and a booming economy. However, before you pack your bags and embark on this new journey, there are several essential things you should know to make your transition smoother and more enjoyable.</span></span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">1. Climate and Weather</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth is known for its Mediterranean climate, offering long, hot summers and mild winters. Be prepared for scorching temperatures during the summer months, with temperatures regularly exceeding 30 degrees Celsius (86 degrees Fahrenheit). Winters are generally mild, with temperatures rarely dropping below 10 degrees Celsius (50 degrees Fahrenheit). Don't forget to pack sunscreen, sunglasses, and light clothing for the hot summer days and some warm layers for the cooler evenings.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">2. Cost of Living</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">The cost of living in Perth can vary depending on your lifestyle and preferences. While it may not be as expensive as other major Australian cities like Sydney or Melbourne, certain aspects, such as housing and transportation, can be significant expenses. Research the average cost of rent or property prices in the neighborhoods you are interested in and create a budget that suits your needs.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">3. Housing Options</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth offers a diverse range of housing options, from apartments in the city center to spacious houses in the suburbs. Consider your lifestyle, proximity to work or schools, and access to amenities when choosing the right neighborhood. It is advisable to rent initially to get a feel for different areas before committing to buying a property.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">4. Job Opportunities</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth has a thriving economy, primarily driven by the mining and resources industry. However, it also offers diverse employment opportunities in sectors such as healthcare, education, IT, and tourism. Before moving, research the job market in your field and network with potential employers or industry contacts.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">5. Healthcare System</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Australia has a world-class healthcare system that provides accessible and quality medical services. As a new resident, you may be eligible for Medicare, a government-funded healthcare scheme. Ensure you understand the requirements and have the necessary health insurance coverage during your initial period in the country.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">6. Education Options</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">If you are moving with children, Perth offers excellent education options, including public, private, and international schools. Research the schools in your desired area and consider factors such as academic reputation, extracurricular activities, and school fees.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">7. Transportation</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth has an efficient public transportation system, including trains, buses, and ferries. The city is also known for its extensive network of cycle paths, making cycling a popular and eco-friendly mode of transportation. Additionally, driving is common, so obtaining a Western Australian driver's license may be necessary if you plan to drive during your stay.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">8. Embrace the Outdoors</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth is a paradise for nature lovers, with stunning beaches, parks, and nature reserves to explore. Take advantage of the city's outdoor lifestyle and enjoy activities such as surfing, hiking, and picnicking in the beautiful surroundings.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">9. Embrace the Culture</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth has a rich cultural scene, offering a diverse array of arts, music, and culinary experiences. Attend local festivals, explore art galleries, and savor the delicious food offerings from various cuisines around the world.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: var(--tw-prose-bold); font-weight: 600;">10. Embrace the Community</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Moving to a new city can be daunting, but Perth has a friendly and welcoming community. Engage in local events, join clubs or sports teams, and attend social gatherings to meet new people and build meaningful connections.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px 0px; white-space-collapse: preserve;"><span style="background-color: white;">Moving to Perth, Australia, presents an opportunity for a fresh start and an exciting adventure. By being well-informed about the climate, cost of living, job opportunities, healthcare system, education options, transportation, and embracing the city's outdoors and culture, you'll be better prepared to settle into your new life in this vibrant Australian city. Embrace the challenges, cherish the experiences, and create memories that will last a lifetime in the beautiful and welcoming city of Perth.</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-25723981422225355162023-05-02T00:04:00.001+08:002023-07-27T00:05:29.753+08:00Is there much crime in Perth?<p><span style="background-color: white; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; white-space-collapse: preserve;">Perth, the picturesque capital city of Western Australia, is renowned for its stunning beaches, vibrant culture, and excellent quality of life. However, like any major urban center, concerns about crime rates can be a consideration for residents and potential newcomers. In this blog post, we will delve into the reality of crime rates in Perth, separating fact from fiction to provide a comprehensive understanding of the city's safety landscape.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><em style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box;">The Current State of Crime in Perth</em></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth, like many cities, has experienced fluctuations in crime rates over the years. However, it is essential to recognize that the city has made significant strides in reducing crime and improving safety. According to recent statistics released by the Western Australia Police Force, the overall crime rate in Perth has shown a steady decline in recent years, indicating positive progress in maintaining public safety.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><em style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box;">Types of Crimes in Focus</em></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">To paint a clearer picture, let's explore the types of crimes that have been most prevalent in Perth. Property-related crimes, such as theft and burglary, have historically constituted a significant portion of the reported offenses. However, targeted efforts by law enforcement and community engagement initiatives have led to a decrease in property crimes.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Additionally, Perth has seen a substantial focus on addressing violent crimes, including assault and robbery. Public awareness campaigns and effective policing strategies have played a role in curbing these offenses, contributing to the overall reduction in crime rates.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><em style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box;">Community Safety Initiatives</em></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth's success in combating crime can be attributed in part to various community-driven safety initiatives. Neighbourhood Watch programs and community policing have encouraged residents to be vigilant and actively participate in safeguarding their localities. These community partnerships have fostered a sense of responsibility and ownership, further contributing to the city's improved safety record.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><em style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; background-color: white; border: 0px solid rgb(217, 217, 227); box-sizing: border-box;">Understanding Crime Statistics</em></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px; white-space-collapse: preserve;"><span style="background-color: white;">While crime statistics are valuable indicators of safety, they can sometimes be misleading if not interpreted correctly. The reported crime rates may include minor incidents that do not necessarily reflect the city's overall safety. For a more accurate understanding, it is crucial to consider the crime clearance rates - the proportion of reported crimes that have been solved or closed by the police. High clearance rates demonstrate law enforcement's effectiveness in solving cases, instilling confidence in the community.</span></p><p style="--tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-ring-color: rgba(69,89,164,.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 transparent; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 transparent; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 transparent; --tw-shadow: 0 0 transparent; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; border: 0px solid rgb(217, 217, 227); box-sizing: border-box; color: #374151; font-family: Söhne, ui-sans-serif, system-ui, -apple-system, "Segoe UI", Roboto, Ubuntu, Cantarell, "Noto Sans", sans-serif, "Helvetica Neue", Arial, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; margin: 1.25em 0px 0px; white-space-collapse: preserve;"><span style="background-color: white;">Perth, Western Australia, boasts a thriving and secure urban environment, with a concerted effort by authorities and community members to maintain safety. The city's crime rates have shown a positive trend, with a decline in property-related and violent crimes. While challenges may arise, ongoing community safety initiatives and targeted policing strategies are fostering a safer Perth for residents and visitors alike. When considering crime rates in Perth, it is essential to focus on the bigger picture and recognize the city's efforts to provide a secure and welcoming community for all.</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-35616451552631646582023-04-04T13:14:00.000+08:002023-04-04T13:14:27.195+08:00RBA Holds Cash Rate Steady<p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">The RBA has hit pause, choosing not to add to the ten rate rises in the past year. Here is their statement released today. </p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60 per cent and the interest rate on Exchange Settlement balances unchanged at 3.50 per cent.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">This decision follows a cumulative increase in interest rates of 3½ percentage points since May last year. The Board recognises that monetary policy operates with a lag and that the full effect of this substantial increase in interest rates is yet to be felt. The Board took the decision to hold interest rates steady this month to provide additional time to assess the impact of the increase in interest rates to date and the economic outlook.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">Global inflation remains very high. In headline terms it is moderating, although services price inflation remains high in many economies. The outlook for the global economy remains subdued, with below-average growth expected this year and next. The recent banking system problems in the United States and Switzerland have resulted in volatility in financial markets and a reassessment of the outlook for global interest rates. These problems are also expected to lead to tighter financial conditions, which would be an additional headwind for the global economy.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">The Australian banking system is strong, well capitalised and highly liquid. It is well placed to provide the credit that the economy needs.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">A range of information, including the monthly CPI indicator, suggests that inflation has peaked in Australia. Goods price inflation is expected to moderate over the months ahead due to global developments and softer demand in Australia. Meanwhile, rents are increasing at the fastest rate in some years, with vacancy rates low in many parts of the country. The prices of utilities are also rising quickly. The central forecast is for inflation to decline this year and next, to around 3 per cent in mid-2025. Medium-term inflation expectations remain well anchored, and it is important that this remains the case.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">Growth in the Australian economy has slowed, with growth over the next couple of years expected to be below trend. There is further evidence that the combination of higher interest rates, cost-of-living pressures and a decline in housing prices is leading to a substantial slowing in household spending. While some households have substantial savings buffers, others are experiencing a painful squeeze on their finances.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">The labour market remains very tight. The unemployment rate is at a near 50-year low and underemployment is also low. Many firms continue to experience difficulty hiring workers, although some report an easing in labour shortages and the number of vacancies has declined a little. As economic growth slows, unemployment is expected to increase.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">Wages growth is continuing to increase in response to the tight labour market and higher inflation. At the aggregate level, wages growth is still consistent with the inflation target, provided that productivity growth picks up. The Board remains alert to the risk of a prices-wages spiral, given the limited spare capacity in the economy and the historically low rate of unemployment. Accordingly, it will continue to pay close attention to both the evolution of labour costs and the price-setting behaviour of firms.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">The Board’s priority is to return inflation to target. High inflation makes life difficult for people and damages the functioning of the economy. And if high inflation were to become entrenched in people’s expectations, it would be very costly to reduce later, involving even higher interest rates and a larger rise in unemployment. The Board is seeking to return inflation to the <span class="no-wrap" style="display: inline-block; white-space: nowrap;">2–3</span> per cent target range while keeping the economy on an even keel, but the path to achieving a soft landing remains a narrow one.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 80ch; padding: 0px; word-break: break-word;">The Board expects that some further tightening of monetary policy may well be needed to ensure that inflation returns to target. The decision to hold interest rates steady this month provides the Board with more time to assess the state of the economy and the outlook, in an environment of considerable uncertainty. In assessing when and how much further interest rates need to increase, the Board will be paying close attention to developments in the global economy, trends in household spending and the outlook for inflation and the labour market. The Board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-40820916432922241462023-03-07T11:42:00.003+08:002023-03-07T11:42:45.688+08:003.60% Cash Rate up another 25 basis points<p><span style="font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif;"><span style="background-color: white; font-size: 15px;">The Reserve Bank has increased the cash rate again for Australia which is now at 3.60%. Here is their statement released a few minutes ago - </span></span></p><p><span style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px;">At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.50 per cent.</span></p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Global inflation remains very high. In headline terms it is moderating, although services price inflation remains elevated in many economies. It will be some time before inflation is back to target rates. The outlook for the global economy remains subdued, with below average growth expected this year and next.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The monthly CPI indicator suggests that inflation has peaked in Australia. Goods price inflation is expected to moderate over the months ahead due to both global developments and softer demand in Australia. Services price inflation remains high, with strong demand for some services over the summer. Rents are increasing at the fastest rate in some years, with vacancy rates low in many parts of the country. The central forecast is for inflation to decline this year and next, to be around 3 per cent in mid-2025. Medium-term inflation expectations remain well anchored, and it is important that this remains the case.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Growth in the Australian economy has slowed, with GDP increasing by 0.5 per cent in the December quarter and 2.7 per cent over the year. Growth over the next couple of years is expected to be below trend. Household consumption growth has slowed due to the tighter financial conditions and the outlook for housing construction has softened. In contrast, the outlook for business investment remains positive, with many businesses operating at a very high level of capacity utilisation.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The labour market remains very tight, although conditions have eased a little. The unemployment rate remains at close to a 50-year low. Employment fell in January, but this partly reflects changing seasonal patterns in labour hiring. Many firms continue to experience difficulty hiring workers, although some report a recent easing in labour shortages. As economic growth slows, unemployment is expected to increase.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Wages growth is continuing to pick up in response to the tight labour market and higher inflation. At the aggregate level, wages growth is still consistent with the inflation target and recent data suggest a lower risk of a cycle in which prices and wages chase one another. The Board, however, remains alert to the risk of a prices-wages spiral, given the limited spare capacity in the economy and the historically low rate of unemployment. Accordingly, it will continue to pay close attention to both the evolution of labour costs and the price-setting behaviour of firms.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board recognises that monetary policy operates with a lag and that the full effect of the cumulative increase in interest rates is yet to be felt in mortgage payments. There is uncertainty around the timing and extent of the slowdown in household spending. Some households have substantial savings buffers, but others are experiencing a painful squeeze on their budgets due to higher interest rates and the increase in the cost of living. Household balance sheets are also being affected by the decline in housing prices. Another source of uncertainty is how the global economy responds to the large and rapid increase in interest rates around the world. These uncertainties mean that there are a range of potential scenarios for the Australian economy.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board’s priority is to return inflation to target. High inflation makes life difficult for people and damages the functioning of the economy. And if high inflation were to become entrenched in people’s expectations, it would be very costly to reduce later, involving even higher interest rates and a larger rise in unemployment. The Board is seeking to return inflation to the <span class="no-wrap" style="display: inline-block; white-space: nowrap;">2–3</span> per cent target range while keeping the economy on an even keel, but the path to achieving a soft landing remains a narrow one.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board expects that further tightening of monetary policy will be needed to ensure that inflation returns to target and that this period of high inflation is only temporary. In assessing when and how much further interest rates need to increase, the Board will be paying close attention to developments in the global economy, trends in household spending and the outlook for inflation and the labour market. The Board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-45440514282581851962023-02-16T18:30:00.024+08:002023-03-07T11:50:04.789+08:00Can you really blame the RBA?<p>Inflation is everyone's problem. When prices go up for all things, our ability to buy decreases. In order to reduce inflation, the cost of borrowing money has to increase to reduce demand. However, when you are on a mortgage, this creates a double whammy effect on your budget. While things go up in price, so does the interest rate on your house which means your loan repayments increase as well. </p><p>Here is the inflation chart for Australia which gives you an idea about why the interest rates have had to increase significantly over the last year. Inflation has shot up since the COVID pandemic and the RBA needs to increase rates to reign it in. With inflation at almost 8% this year which is more three times the target range, the warning of more rate rises to come could be one way the RBA can reduce inflation in the coming month before another possible increase. With everyone piling on the RBA, you have to wonder whether the RBA can be blamed?</p><p><br /></p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgUAVrDM1h_d1LWhtfGux8dxiYfVahZLjoXKzE4_UhnVEnUOdFqBY6LAgx6KwrAfd4tU_jhwWcxjyhYRN8KkOxpEuPSksnVb7NuRF5UM_tn7hRRhg9oe5BafQaTp-WZ8bJnaEM0I5oLjosX39WJyYkwhKszfRvouSxyRFMHxWb06AvOmkBk5V6gang0" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="604" data-original-width="1089" height="266" src="https://blogger.googleusercontent.com/img/a/AVvXsEgUAVrDM1h_d1LWhtfGux8dxiYfVahZLjoXKzE4_UhnVEnUOdFqBY6LAgx6KwrAfd4tU_jhwWcxjyhYRN8KkOxpEuPSksnVb7NuRF5UM_tn7hRRhg9oe5BafQaTp-WZ8bJnaEM0I5oLjosX39WJyYkwhKszfRvouSxyRFMHxWb06AvOmkBk5V6gang0=w481-h266" width="481" /></a></div><br /><br /><p></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-52238143423378423732023-02-07T10:06:00.011+08:002023-02-20T10:12:33.582+08:003.35% - RBA moves rates up and indicates more to follow<p><span face="Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif" style="background-color: white; font-size: 15px;">With an estimate 800,000 mortgages coming out of a fixed rate mortgage and needing to refinance at a higher rate, the RBA has been forced to ratchet up the cash rate again in February. At their board meeting this month, the RBA decided to move the rates up another 0.25% and signaled at least two more rate rises are to come. The overview of their statement can be found below from </span><span face="Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif"><span style="font-size: 15px;"><a href="https://www.rba.gov.au/publications/smp/2023/feb/">https://www.rba.gov.au/publications/smp/2023/feb/</a> - </span></span></p><p><span face="Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif" style="background-color: white; font-size: 15px;">Global inflation is still very high but looks to have peaked. Global goods inflation is starting to decline, as supply chains improve and other upstream cost pressures ease; global energy prices have also stopped rising. However, services inflation remains high in many advanced economies, driven by resilient demand and rising labour costs. Most central banks have continued raising policy interest rates in order to return inflation to target. As tighter policy takes hold on demand, services inflation should also begin to ease.</span></p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">China’s approach to containing <span class="no-wrap" style="display: inline-block; white-space: nowrap;">COVID-19</span> was reversed abruptly in mid-December. The disruptions from the last phase of restrictions in November and the wave of illness in the following month led to weak activity in the December quarter. Since then, though, the Chinese economy has recovered quickly. Together with the Chinese authorities’ shift to a more growth-focused policy stance, the earlier opening of the Chinese economy has brought forward its recovery from what had previously been expected. This has added to growth in global demand in the near term, especially for some industrial commodities, and so is supporting Australia’s terms of trade and national income.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">As is the case elsewhere, inflation in Australia is too high and is broadly based. CPI inflation reached 7.8 per cent over the year to the December quarter. Trimmed mean inflation was 6.9 per cent over the same period, which was higher than had been expected. The easing in global goods price pressures is not yet evident in retail prices here; consumer durables price inflation picked up in the December quarter, especially for clothing and vehicles. Services inflation also reached very high rates, with the prices of market services 7 per cent higher over the year. Rental markets are tight and growth in rents has been picking up.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Inflation is likely to have peaked around the end of 2022 and is forecast to return to the target range over coming years. The central forecast is for CPI inflation to decline to 4¾ per cent over 2023 and to around 3 per cent by mid-2025. The easing in global price pressures already underway is expected to flow through to domestic prices over time. In addition, slower growth in domestic demand and a moderation in labour market conditions are expected to reduce domestic inflationary pressures. The inflation forecasts have been revised up a little in the short term in light of recent stronger outcomes, but further out inflation is expected to be a touch lower than previously forecast. This reflects recent policy changes that have reduced the size of the expected increases in domestic electricity prices over 2023.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Growth in activity has moderated since the first half of 2022 and the outlook continues to be for slower GDP growth this year and next, at around 1½ per cent. Some of this moderation occurred as the strong recovery from the pandemic mostly ran its course. The effects of higher interest rates, the rapidly increasing cost of living and declining real wealth are all expected to weigh on demand in the period ahead. Offsetting this to some extent, the elevated terms of trade will boost national income. The large pipeline of investment projects is also supportive of growth. However, despite some easing in supply chain issues, ongoing capacity constraints – especially those arising from the lack of availability of skilled labour – are expected to limit the pace at which some of these projects can be delivered.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The labour market remains tight. The unemployment rate has remained around 3½ per cent in recent months – around the lowest rate in nearly 50 years. Broader measures of labour underutilisation are also around multi-decade lows. Job ads and vacancy rates remain very high, though they have turned down a little in recent months; still, many firms report difficulty finding suitable labour. Demand for labour remains strong, supporting growth in employment in recent months. Labour supply has expanded to meet some of this strength in demand, with the participation rate around its historical high. Increased net arrivals from overseas over the second half of last year, following the reopening of the international border, has also boosted growth in the working-age population.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Wages growth has picked up, particularly in the private sector, consistent with the tight labour market. Aggregate wages growth is expected to pick up further over the course of 2023, with growth in the Wage Price Index forecast to peak at around 4¼ per cent late in the year. As growth in the economy slows, labour market conditions are expected to ease, and wages growth to slow a little. The unemployment rate is expected to start picking up from around the middle of 2023, reaching 4½ per cent by mid-2025.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Growth in household spending moderated over the second half of 2022. Spending related to overseas travel rose sharply, but other categories (such as discretionary goods) were softer as the recovery from the pandemic mostly ran its course. The tight labour market and resulting strong growth in labour incomes has to date supported solid growth in nominal household spending. However, real growth in consumption has been much slower, reflecting strong growth in prices; the volume of retail sales declined in the December quarter.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Over the period ahead, high inflation is expected to continue to weigh on growth in real household incomes and consumption. Rising interest rates are expected to add to this effect by reducing real disposable incomes for some households. Declines in net wealth, driven by lower housing prices, are also expected to dampen household spending. Housing prices have continued to decline across most of the country over recent months.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">These competing forces influencing household spending represent a considerable uncertainty surrounding the outlook. Consumption growth could turn out to be either stronger or weaker than expected, depending on how these factors net out. It is not clear how far households will be willing to reduce current saving rates or draw down on extra savings accumulated during the pandemic to cushion consumption from the effects of declining real incomes; these accumulated buffers represent a larger share of household income in Australia than in some other economies, but some households have little to no buffer and will instead need to cut back on spending.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The forecast decline in inflation is subject to a number of uncertainties. Although goods inflation is expected to ease in line with the easing of global cost pressures, the timing and pace of this could differ from the expected trajectory. If global goods prices reverse some of their recent increases, goods inflation in Australia could decline further and faster than currently envisaged. Working in the other direction, given the current tightness in the labour market, there are upside risks to wages growth, which would boost domestically sourced inflation. Price- and wage-setting behaviour could become more sensitive to strong demand and high inflation, given that households and firms may be more attentive to rising costs when inflation is high for a time. Longer term inflation expectations remain anchored, but it is possible they could move higher. If that were to occur, it would make the task of bringing inflation down harder.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Global growth slowed during 2022. Some of this reflected the end of the bounce-back from the pandemic. However, as in Australia, high inflation and energy prices have weighed on demand more recently. Growth in Australia’s major trading partners is expected to remain well below the historical average over 2023 and 2024. Some downside risks to growth in the major global economies have abated of late, including those stemming from China’s previous approach to containing <span class="no-wrap" style="display: inline-block; white-space: nowrap;">COVID-19</span>. Overall, though, the global outlook remains uncertain, with there being plausible scenarios for both stronger and weaker growth and inflation.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The cumulative effect of the highly synchronised tightening in monetary policy has caused global financial conditions to tighten over the past year, reducing demand in the global economy; this is expected to be the main drag on global growth in the period ahead. Many central banks have begun to slow the pace of interest rate increases as signs of moderation in growth and inflation emerge, and a few have paused rate rises or signalled they will soon do so. In Australia, tighter financial conditions have seen banks’ funding costs increase and growth in credit ease. The Australian dollar has appreciated slightly on a trade-weighted basis over recent months.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Over recent meetings, the Reserve Bank Board has continued to take action to ensure inflation returns to the target range over time, and raised interest rates by 25 basis points at each of its meetings in December and February. This has been necessary to achieve a better balance of supply and demand in the Australian economy, and prevent high inflation from becoming entrenched. The Board is seeking to return inflation to the <span class="no-wrap" style="display: inline-block; white-space: nowrap;">2–3</span> per cent target range while keeping the economy on an even keel. However, the path to achieving a soft landing remains narrow. There are considerable uncertainties surrounding the outlook, and so around the level of interest rates needed to achieve the Board’s objectives. Maintaining a steady pace of increases over several months has given the Board the time to assess the flow of incoming data and any shifts to the outlook that it may imply.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Longer term inflation expectations and wages growth in Australia have so far remained consistent with the inflation target. It is important this remains the case. That said, domestically sourced inflation and wages growth are both picking up. Given the importance of avoiding a price-wage spiral, the Board will continue to pay close attention to both the price-setting behaviour of firms and the evolution of labour costs in the period ahead. It will be closely monitoring how quickly declines in global costs are passed through to prices by businesses in Australia.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board is mindful that a considerable adjustment to interest rates has already been made and that monetary policy affects activity and inflation with a lag and through different channels. The effects on the cash flows of the roughly one-third of households with mortgages generally comes through faster than the effect on the broader economy and inflation. The effects on households are also uneven. Some households have substantial savings buffers or are benefiting from the tight labour market and faster wages growth. Others, though, are experiencing a painful squeeze on their budgets due to higher interest rates and the rising cost of living. In addition, some households may moderate their spending in response to the decline in housing prices. In light of these competing forces, the Board is closely monitoring household spending and saving behaviour, and their contribution to domestic demand pressures.</p><p class="pdf-end-of-chapter-marker" style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board’s priority is to return inflation to target. High inflation makes life difficult for people and damages the functioning of the economy. And if high inflation were to become entrenched in people’s expectations, it would be very costly to reduce later. The Board expects that further increases in interest rates will be needed to ensure that the current period of high inflation is only temporary. In assessing how much further interest rates need to increase, the Board will be paying close attention to developments in the global economy, trends in household spending and the outlook for inflation and the labour market. It remains resolute in its determination to return inflation to target and will do what is necessary to achieve this.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-19540083903441107152022-12-22T15:53:00.002+08:002022-12-22T15:53:09.441+08:0053.4% Perth City Council properties sold at loss - Sept 22 Quarter<p>As the interest rates continue to go up, there has been an increase in the number of properties sold at a loss around Australia, especially those areas where there are many apartments which accounted for much of the sales at a loss. This was particularly the case in the Perth City Council area where 53.4% of properties that sold in the September quarter sold at a loss. Melbourne City Council saw 40% of properties selling at a loss, Adelaide 19% and Brisbane 7%. You can read more about this in the Sydney Morning Herald article <a href="https://www.smh.com.au/property/news/the-neighbourhoods-where-properties-are-selling-at-a-loss-20221221-p5c81r.html">here</a>. </p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-48767718561427886382022-12-06T12:53:00.002+08:002022-12-06T12:53:27.506+08:003.10% Cash Rate as RBA Lifts 0.25% for December<p><span style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px;">At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.10 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.00 per cent.</span></p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Inflation in Australia is too high, at 6.9 per cent over the year to October. Global factors explain much of this high inflation, but strong domestic demand relative to the ability of the economy to meet that demand is also playing a role. Returning inflation to target requires a more sustainable balance between demand and supply.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">A further increase in inflation is expected over the months ahead, with inflation forecast to peak at around 8 per cent over the year to the December quarter. Inflation is then expected to decline next year due to the ongoing resolution of global supply-side problems, recent declines in some commodity prices and slower growth in demand. Medium-term inflation expectations remain well anchored, and it is important that this remains the case. The Bank’s central forecast is for CPI inflation to decline over the next couple of years to be a little above 3 per cent over 2024.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Australian economy is continuing to grow solidly. Economic growth is expected to moderate over the year ahead as the global economy slows, the bounce-back in spending on services runs its course, and growth in household consumption slows due to tighter financial conditions. The Bank’s central forecast is for growth of around 1½ per cent in 2023 and 2024.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The labour market remains very tight, with many firms having difficulty hiring workers. The unemployment rate declined to 3.4 per cent in October, the lowest rate since 1974. Job vacancies and job ads are both at very high levels, although they have declined a little recently. Employment growth has also slowed as spare capacity in the labour market is absorbed. Wages growth is continuing to pick up from the low rates of recent years and a further pick-up is expected due to the tight labour market and higher inflation. Given the importance of avoiding a prices-wages spiral, the Board will continue to pay close attention to both the evolution of labour costs and the price-setting behaviour of firms in the period ahead.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">There has been a substantial cumulative increase in interest rates since May. This has been necessary to ensure that the current period of high inflation is only temporary. High inflation damages our economy and makes life more difficult for people. The Board’s priority is to re-establish low inflation and return inflation to the <span class="no-wrap" style="display: inline-block; white-space: nowrap;">2–3</span> per cent range over time.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board recognises that monetary policy operates with a lag and that the full effect of the increase in interest rates is yet to be felt in mortgage payments. Household spending is expected to slow over the period ahead although the timing and extent of this slowdown is uncertain. Another source of uncertainty is the outlook for the global economy, which has deteriorated. The Board is seeking to keep the economy on an even keel as it returns inflation to target, but these uncertainties mean that there are a range of potential scenarios. The path to achieving the needed decline in inflation and achieving a soft landing for the economy remains a narrow one.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board expects to increase interest rates further over the period ahead, but it is not on a pre-set course. It is closely monitoring the global economy, household spending and wage and price-setting behaviour. The size and timing of future interest rate increases will continue to be determined by the incoming data and the Board’s assessment of the outlook for inflation and the labour market. The Board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-53008270776455859752022-10-04T11:31:00.003+08:002022-10-04T11:31:55.859+08:002.60% the new cash rate as RBA increases 0.25% in October<p> <span style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px;">At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 2.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 2.50 per cent.</span></p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board is committed to returning inflation to the <span class="no-wrap" style="display: inline-block; white-space: nowrap;">2–3</span> per cent range over time. Today’s increase in interest rates will help achieve this goal and further increases are likely to be required over the period ahead. The cash rate has been increased substantially in a short period of time. Reflecting this, the Board decided to increase the cash rate by 25 basis points this month as it assesses the outlook for inflation and economic growth in Australia.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">As is the case in most countries, inflation in Australia is too high. Global factors explain much of this high inflation, but strong domestic demand relative to the ability of the economy to meet that demand is also playing a role.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">A further increase in inflation is expected over the months ahead, before inflation then declines back towards the <span class="no-wrap" style="display: inline-block; white-space: nowrap;">2–3</span> per cent range. The expected moderation in inflation next year reflects the ongoing resolution of global supply-side problems, recent declines in some commodity prices and the impact of rising interest rates. Medium-term inflation expectations remain well anchored, and it is important that this remains the case. The Bank’s central forecast is for CPI inflation to be around 7¾ per cent over 2022, a little above 4 per cent over 2023 and around 3 per cent over 2024.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Australian economy is continuing to grow solidly and national income is being boosted by a record level of the terms of trade. The labour market is very tight and many firms are having difficulty hiring workers. The unemployment rate in August was 3.5 per cent, around the lowest rate in almost 50 years. Job vacancies and job ads are both at very high levels, suggesting a further decline in the unemployment rate over the months ahead. Beyond that, some increase in the unemployment rate is expected as economic growth slows.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Wages growth is continuing to pick up from the low rates of recent years, although it remains lower than in other advanced economies where inflation is higher. Given the tight labour market and the upstream price pressures, the Board will continue to pay close attention to both the evolution of labour costs and the price-setting behaviour of firms in the period ahead.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Price stability is a prerequisite for a strong economy and a sustained period of full employment. Given this, the Board’s priority is to return inflation to the <span class="no-wrap" style="display: inline-block; white-space: nowrap;">2–3</span> per cent range over time. It is seeking to do this while keeping the economy on an even keel. The path to achieving this balance is a narrow one and it is clouded in uncertainty.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">One source of uncertainty is the outlook for the global economy, which has deteriorated recently. Another is how household spending in Australia responds to the tighter financial conditions. Higher inflation and higher interest rates are putting pressure on household budgets, with the full effects of higher interest rates yet to be felt in mortgage payments. Consumer confidence has also fallen and housing prices are declining after the earlier large increases. Working in the other direction, people are finding jobs, gaining more hours of work and receiving higher wages. Many households have also built up large financial buffers and the saving rate still remains higher than it was before the pandemic.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Today’s further increase in interest rates will help achieve a more sustainable balance of demand and supply in the Australian economy. This is necessary to bring inflation back down. The Board expects to increase interest rates further over the period ahead. It is closely monitoring the global economy, household spending and wage and price-setting behaviour. The size and timing of future interest rate increases will continue to be determined by the incoming data and the Board’s assessment of the outlook for inflation and the labour market. The Board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-79948975819004622222022-09-06T12:40:00.003+08:002022-10-06T12:22:31.023+08:00Which Bank Will Move First Following the RBA Interest Rate Hike?<p>When the RBA announces a rate hike, the attention immediately turns to the banks to see who will move first to increase their rates. For home owners, they want to see how much more they will need to pay each month in repayments while savers look to see how much more the bank is going to pay them. To help savers find the best rate, there is one useful resource that allows you to compare the banks movements by checking <a href="https://docs.google.com/spreadsheets/d/145iM6uuFS9m-Rul65--eFJQq_Au7Z_BA4_CwkYwu2DI/edit#gid=271791020">this Google document</a> which is updated by an army of volunteers to show you what rates each bank is offering. </p><p>Currently, only UBANK has increased their savings rate from 1st October to 3.35%</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-70337018923142389702022-09-06T12:32:00.003+08:002022-09-06T12:32:26.004+08:002.35% Cash Rate as RBA ups rates by 50 basis points<p> Today, the RBA continued the move upwards for interest rates declaring a 50 basis point increase to the cash rate. Here is their announcement in full - </p>At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 2.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 2.25 per cent.<br /><br />The Board is committed to returning inflation to the 2–3 per cent range over time. It is seeking to do this while keeping the economy on an even keel. The path to achieving this balance is a narrow one and clouded in uncertainty, not least because of global developments. The outlook for global economic growth has deteriorated due to pressures on real incomes from high inflation, the tightening of monetary policy in most countries, Russia's invasion of Ukraine, and the COVID containment measures and other policy challenges in China.<br /><br />Inflation in Australia is the highest it has been since the early 1990s and is expected to increase further over the months ahead. Global factors explain much of the increase in inflation, but domestic factors are also playing a role. There are widespread upward pressures on prices from strong demand, a tight labour market and capacity constraints in some sectors of the economy.<br /><br />Inflation is expected to peak later this year and then decline back towards the 2–3 per cent range. The expected moderation in inflation reflects the ongoing resolution of global supply-side problems, recent declines in some commodity prices and the impact of rising interest rates. Medium-term inflation expectations remain well anchored, and it is important that this remains the case. The Bank's central forecast is for CPI inflation to be around 7¾ per cent over 2022, a little above 4 per cent over 2023 and around 3 per cent over 2024.<br /><br />The Australian economy is continuing to grow solidly and national income is being boosted by a record level of the terms of trade. The labour market is very tight and many firms are having difficulty hiring workers. The unemployment rate declined further in July to 3.4 per cent, the lowest rate in almost 50 years. Job vacancies and job ads are both at very high levels, suggesting a further decline in the unemployment rate over the months ahead. Beyond that, some increase in the unemployment rate is expected as economic growth slows.<br /><br />Wages growth has picked up from the low rates of recent years and there are some pockets where labour costs are increasing briskly. Given the tight labour market and the upstream price pressures, the Board will continue to pay close attention to both the evolution of labour costs and the price-setting behaviour of firms in the period ahead.<br /><br />An important source of uncertainty continues to be the behaviour of household spending. Higher inflation and higher interest rates are putting pressure on household budgets, with the full effects of higher interest rates yet to be felt in mortgage payments. Consumer confidence has also fallen and housing prices are declining in most markets after the earlier large increases. Working in the other direction, people are finding jobs, gaining more hours of work and receiving higher wages. Many households have also built up large financial buffers and the saving rate remains higher than it was before the pandemic. The Board will be paying close attention to how these various factors balance out as it assesses the appropriate setting of monetary policy.<br /><br />The further increase in interest rates today will help bring inflation back to target and create a more sustainable balance of demand and supply in the Australian economy. Price stability is a prerequisite for a strong economy and a sustained period of full employment. The Board expects to increase interest rates further over the months ahead, but it is not on a pre-set path. The size and timing of future interest rate increases will be guided by the incoming data and the Board's assessment of the outlook for inflation and the labour market. The Board is committed to doing what is necessary to ensure that inflation in Australia returns to target over time.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-88601152020776632542022-08-02T12:35:00.004+08:002022-08-02T12:35:54.382+08:00Cash rate up again 0.50% to 1.85%<p>The cash rate has increased again sending the markets up because it was as expected. Here is the RBA statement in full - </p><p><br /></p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 1.75 per cent.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board places a high priority on the return of inflation to the <span class="no-wrap" style="display: inline-block; white-space: nowrap;">2–3</span> per cent range over time, while keeping the economy on an even keel. The path to achieve this balance is a narrow one and clouded in uncertainty, not least because of global developments. The outlook for global economic growth has been downgraded due to pressures on real incomes from higher inflation, the tightening of monetary policy in most countries, Russia's invasion of Ukraine and the COVID containment measures in China.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Inflation in Australia is the highest it has been since the early 1990s. In headline terms, inflation was 6.1 per cent over the year to the June quarter; in underlying terms it was 4.9 per cent. Global factors explain much of the increase in inflation, but domestic factors are also playing a role. There are widespread upward pressures on prices from strong demand, a tight labour market and capacity constraints in some sectors of the economy. The floods this year are also affecting some prices.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Inflation is expected to peak later this year and then decline back towards the <span class="no-wrap" style="display: inline-block; white-space: nowrap;">2–3</span> per cent range. The expected moderation in inflation reflects the ongoing resolution of global supply-side problems, the stabilisation of commodity prices and the impact of rising interest rates. Medium-term inflation expectations remain well anchored, and it is important that this remains the case. The Bank's central forecast is for CPI inflation to be around 7¾ per cent over 2022, a little above 4 per cent over 2023 and around 3 per cent over 2024.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Australian economy is expected to continue to grow strongly this year, with the pace of growth then slowing. Employment is growing strongly, consumer spending has been resilient and an upswing in business investment is underway. National income is also being boosted by a rise in the terms of trade, which are at a record high. The Bank's central forecast is for GDP growth of 3¼ per cent over 2022 and 1¾ per cent in each of the following two years.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The labour market remains tighter than it has been for many years. The unemployment rate declined further in June to 3.5 per cent, the lowest rate in almost 50 years. Job vacancies and job ads are both at very high levels and a further decline in unemployment is expected over the months ahead. Beyond that, some increase in unemployment is expected as economic growth slows. The Bank's central forecast is for the unemployment rate to be around 4 per cent at the end of 2024. Our liaison program and business surveys continue to point to a lift in wages growth from the low rates of recent years as firms compete for staff in the tight labour market.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">A key source of uncertainty continues to be the behaviour of household spending. Higher inflation and higher interest rates are putting pressure on household budgets. Consumer confidence has also fallen and housing prices are declining in some markets after the large increases in recent years. Working in the other direction, people are finding jobs and obtaining more hours of work. Many households have also built up large financial buffers and the saving rate remains higher than it was before the pandemic. The Board will be paying close attention to how these various factors balance out as it assesses the appropriate setting of monetary policy.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Today's increase in interest rates is a further step in the normalisation of monetary conditions in Australia. The increase in interest rates over recent months has been required to bring inflation back to target and to create a more sustainable balance of demand and supply in the Australian economy. The Board expects to take further steps in the process of normalising monetary conditions over the months ahead, but it is not on a pre-set path. The size and timing of future interest rate increases will be guided by the incoming data and the Board's assessment of the outlook for inflation and the labour market. The Board is committed to doing what is necessary to ensure that inflation in Australia returns to target over time.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-41111706855273259212022-06-08T09:01:00.001+08:002022-06-08T09:01:05.239+08:00Sydney Real Estate slowdown worst since 1989<p>The interest rate increase has started to hit the most leveraged real estate market in the country with Sydney recording a reversal in their market by 1.5% since January. With the average Sydney home loan at $786k, the two rate hikes in the last two months amounts to an increase in repayments of almost $500 / month! According to <a href="https://www.abc.net.au/news/2022-06-08/sydney-property-prices-declining-interest-rates/101133366">this article</a>, other markets like Perth follow Sydney's lead in 12-18 months time. <a href="https://www.abc.net.au/news/2022-06-08/sydney-property-prices-declining-interest-rates/101133366">Read more here</a>.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-58011390779095580282022-06-07T12:38:00.004+08:002022-06-07T12:40:42.542+08:00Huge increase in cash rate by RBA - up 0.50%<p>The RBA has increased the cash rate for Australia by 0.50% which is a massive hike as a result of inflation which has been increasing significantly recently. This is the largest increase of the cash rate in the last 22 years and only the second time that rates have increased over the last 11. The official cash rate now sits at 0.85%. They were expecting inflation to continue to rise in the coming year and has moved to signal the economy to slow down. The impact on the real estate market will be significant - watch for changes in buyer behaviour in auctions this coming weekend. Here is their full release below - </p><p><br /></p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 75 basis points.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Inflation in Australia has increased significantly. While inflation is lower than in most other advanced economies, it is higher than earlier expected. Global factors, including COVID-related disruptions to supply chains and the war in Ukraine, account for much of this increase in inflation. But domestic factors are playing a role too, with capacity constraints in some sectors and the tight labour market contributing to the upward pressure on prices. The floods earlier this year have also affected some prices.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Inflation is expected to increase further, but then decline back towards the 2–3 per cent range next year. Higher prices for electricity and gas and recent increases in petrol prices mean that, in the near term, inflation is likely to be higher than was expected a month ago. As the global supply-side problems are resolved and commodity prices stabilise, even if at a high level, inflation is expected to moderate. Today's increase in interest rates will assist with the return of inflation to target over time.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Australian economy is resilient, growing by 0.8 per cent in the March quarter and 3.3 per cent over the year. Household and business balance sheets are generally in good shape, an upswing in business investment is underway and there is a large pipeline of construction work to be completed. Macroeconomic policy settings are supportive of growth and national income is being boosted by higher commodity prices. The terms of trade are at a record high.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The labour market is also strong. Employment has grown significantly and the unemployment rate is 3.9 per cent, which is the lowest rate in almost 50 years. Job vacancies and job ads are at high levels and a further decline in unemployment and underemployment is expected. The Bank's business liaison program continues to point to a lift in wages growth from the low rates of recent years as firms compete for staff in a tight labour market.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">One source of uncertainty about the economic outlook is how household spending evolves, given the increasing pressure on Australian households' budgets from higher inflation. Interest rates are also increasing. Housing prices have declined in some markets over recent months but remain more than 25 per cent higher than prior to the pandemic, supporting household wealth and spending. The household saving rate also remains higher than it was before the pandemic and many households have built up large financial buffers. While the central scenario is for strong household consumption growth this year, the Board will be paying close attention to these various influences on consumption as it assesses the appropriate setting of monetary policy.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board will also be paying close attention to the global outlook, which remains clouded by the war in Ukraine and its effect on the prices for energy and agricultural commodities. Real household incomes are under pressure in many economies and financial conditions are tightening, as central banks withdraw monetary policy support in response to broad-based inflation. There are also ongoing uncertainties related to COVID, especially in China.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Today's increase in interest rates by the Board is a further step in the withdrawal of the extraordinary monetary support that was put in place to help the Australian economy during the pandemic. The resilience of the economy and the higher inflation mean that this extraordinary support is no longer needed. Given the current inflation pressures in the economy, and the still very low level of interest rates, the Board decided to move by 50 basis points today. The Board expects to take further steps in the process of normalising monetary conditions in Australia over the months ahead. The size and timing of future interest rate increases will be guided by the incoming data and the Board's assessment of the outlook for inflation and the labour market. The Board is committed to doing what is necessary to ensure that inflation in Australia returns to target over time.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-8086237229215748012022-05-03T12:34:00.003+08:002022-05-03T12:34:57.847+08:00Australia's RBA increases rates 0.25% - first time in 12 years<p>Today the RBA has increased the cash rate for Australia by 0.25% which is the first time in twelve years that the rates have increased. Here is their official statement - </p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points. It also increased the interest rate on Exchange Settlement balances from zero per cent to 25 basis points.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board judged that now was the right time to begin withdrawing some of the extraordinary monetary support that was put in place to help the Australian economy during the pandemic. The economy has proven to be resilient and inflation has picked up more quickly, and to a higher level, than was expected. There is also evidence that wages growth is picking up. Given this, and the very low level of interest rates, it is appropriate to start the process of normalising monetary conditions.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The resilience of the Australian economy is particularly evident in the labour market, with the unemployment rate declining over recent months to 4 per cent and labour force participation increasing to a record high. Both job vacancies and job ads are also at high levels. The central forecast is for the unemployment rate to decline to around 3½ per cent by early 2023 and remain around this level thereafter. This would be the lowest rate of unemployment in almost 50 years.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The outlook for economic growth in Australia also remains positive, although there are ongoing uncertainties about the global economy arising from: the ongoing disruptions from <span class="no-wrap" style="display: inline-block; white-space: nowrap;">COVID-19</span>, especially in China; the war in Ukraine; and declining consumer purchasing power from higher inflation. The central forecast is for Australian GDP to grow by 4¼ per cent over 2022 and 2 per cent over 2023. Household and business balance sheets are generally in good shape, an upswing in business investment is underway and there is a large pipeline of construction work to be completed. Macroeconomic policy settings remain supportive of growth and national income is being boosted by higher commodity prices.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Inflation has picked up significantly and by more than expected, although it remains lower than in most other advanced economies. Over the year to the March quarter, headline inflation was 5.1 per cent and in underlying terms inflation was 3.7 per cent. This rise in inflation largely reflects global factors. But domestic capacity constraints are increasingly playing a role and inflation pressures have broadened, with firms more prepared to pass through cost increases to consumer prices. A further rise in inflation is expected in the near term, but as supply-side disruptions are resolved, inflation is expected to decline back towards the target range of 2 to 3 per cent. The central forecast for 2022 is for headline inflation of around 6 per cent and underlying inflation of around 4¾ per cent; by mid 2024, headline and underlying inflation are forecast to have moderated to around 3 per cent. These forecasts are based on an assumption of further increases in interest rates.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Bank's business liaison suggests that wages growth has been picking up. In a tight labour market, an increasing number of firms are paying higher wages to attract and retain staff, especially in an environment where the cost of living is rising. While aggregate wages growth was subdued during 2021 and no higher than it was prior to the pandemic, the more timely evidence from liaison and business surveys is that larger wage increases are now occurring in many private-sector firms.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Given both the progress towards full employment and the evidence on prices and wages, some withdrawal of the extraordinary monetary support provided through the pandemic is appropriate. Consistent with this, the Board does not plan to reinvest the proceeds of maturing government bonds and expects the Bank's balance sheet to decline significantly over the next couple of years as the Term Funding Facility comes to an end. The Board is not currently planning to sell the government bonds that the Bank purchased during the pandemic.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board is committed to doing what is necessary to ensure that inflation in Australia returns to target over time. This will require a further lift in interest rates over the period ahead. The Board will continue to closely monitor the incoming information and evolving balance of risks as it determines the timing and extent of future interest rate increases.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">A media and markets briefing, including a question and answer session, will be held at 4pm AEST today with the audio broadcast live on <a href="https://www.rba.gov.au/" style="background-color: transparent; border-bottom: 1px solid rgb(153, 255, 255); color: #0066aa; text-decoration-line: none;">www.rba.gov.au</a>.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-74108381474769158792021-12-07T12:56:00.004+08:002021-12-07T12:56:53.390+08:00Rates Remain Steady While AUD falls<p> Today the RBA made the decision to keep the cash rate at 0.1% despite the falling AUD. Here is the statement from the RBA about their decision - </p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">At its meeting today, the Board decided to:</p><ul style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px; max-width: 640px; padding: 0px 0px 0px 20px; word-break: break-word;"><li style="margin: 12px 0px;">maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent</li><li style="margin: 12px 0px;">continue to purchase government securities at the rate of $4 billion a week until at least mid February 2022.</li></ul><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Australian economy is recovering from the setback caused by the Delta outbreak. High rates of vaccination and substantial policy support are underpinning this recovery. Household consumption is rebounding strongly and the outlook for business investment has improved. The emergence of the Omicron strain is a new source of uncertainty, but it is not expected to derail the recovery. The economy is expected to return to its pre-Delta path in the first half of 2022.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Leading indicators point to a strong recovery in the labour market. Job advertisements are at an historically high level and there are reports of firms finding it difficult to hire workers. Wages growth has picked up but, at the aggregate level, has only returned to the relatively low rates prevailing before the pandemic. A further pick-up in wages growth is expected as the labour market tightens. This pick-up is expected to be only gradual, although there is uncertainty about the behaviour of wages as the unemployment rate declines to historically low levels.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Inflation has increased, but, in underlying terms, is still low, at 2.1 per cent. The headline CPI inflation rate is 3 per cent and is being affected by higher petrol prices, higher prices for newly constructed homes and the disruptions in global supply chains. A further, but only gradual, pick-up in underlying inflation is expected. The central forecast is for underlying inflation to reach 2½ per cent over 2023.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Housing prices have risen strongly over the past year, although the rate of increase has eased over recent months. Housing credit increased by 6.7 per cent over the past year, but, more recently, the value of housing loan commitments has declined from high levels. With interest rates at historically low levels, it is important that lending standards are maintained and that borrowers have adequate buffers.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">Globally, bond yields have declined over the past month due to concerns about the Omicron variant. The Australian dollar exchange rate has depreciated and is around its lows of the past year. Financial conditions in Australia remain highly accommodative, with most lending rates around record lows.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">At its February meeting, the Board will consider the bond purchase program. By mid February, the RBA will hold a total of $350 billion of bonds issued by the Australian Government and the states and territories, with these holdings providing significant support to the economy. In reaching its decision in February, the Board will be guided by the same three considerations that it has used from the outset of the program: the actions of other central banks; how the Australian bond market is functioning; and, most importantly, the actual and expected progress towards the goals of full employment and inflation consistent with the target.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px; word-break: break-word;">The Board is committed to maintaining highly supportive monetary conditions to achieve its objectives of a return to full employment in Australia and inflation consistent with the target. While inflation has picked up, it remains low in underlying terms. Inflation pressures are also less than they are in many other countries, not least because of the only modest wages growth in Australia. The Board will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range. This will require the labour market to be tight enough to generate wages growth that is materially higher than it is currently. This is likely to take some time and the Board is prepared to be patient.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-75951505932330326132021-10-01T09:30:00.005+08:002021-10-01T09:30:52.418+08:00CoreLogic: 18% increase in Perth house prices in 12 months<p>Perth houses have increased 18% in the past year according to the recent report from CoreLogic. The median value of a Perth house is now $524,589. This follows the nationwide trend up with Sydney house prices increasing by 23.6% and Melbourne increasing by 15%. You can read more <a href="https://www.smh.com.au/politics/federal/sydney-median-house-price-jumps-above-1-3-million-melbourne-continues-to-surge-20211001-p58wbe.html">here</a>.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-84391285998994521462021-07-06T12:34:00.002+08:002021-07-06T12:34:15.296+08:00RBA Keeps Cash Rate at 0.1%<p> Here is the statement from the Reserve Bank of Australia - </p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">At its meeting today, the Board decided to:</p><ul style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px; max-width: 640px; padding: 0px 0px 0px 20px;"><li style="margin: 12px 0px;">retain the April 2024 bond as the bond for the yield target and retain the target of 10 basis points</li><li style="margin: 12px 0px;">continue purchasing government bonds after the completion of the current bond purchase program in early September. These purchases will be at the rate of $4 billion a week until at least mid November</li><li style="margin: 12px 0px;">maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of zero per cent.</li></ul><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">These measures will provide the continuing monetary support that the economy needs as it transitions from the recovery phase to the expansion phase. The Board is committed to achieving the goals of full employment and inflation consistent with the target. Today's decisions, together with those taken previously, have the economy on a path to achieve those objectives.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">The economic recovery in Australia is stronger than earlier expected and is forecast to continue. The outlook for investment has improved and household and business balance sheets are generally in good shape. National income is also being supported by the high prices for commodity exports. Domestic financial conditions are very supportive and the exchange rate has depreciated a little recently. One near-term uncertainty is the effect of the recent virus outbreaks and the lockdowns. But the experience to date has been that once outbreaks are contained and restrictions are eased, the economy bounces back quickly.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">The labour market has continued to recover faster than expected. The unemployment rate declined further to 5.1 per cent in May and more Australians have jobs than before the pandemic. There has also been a welcome decline in underemployment and labour force participation is around record highs. Job vacancies are high and more firms are reporting shortages of labour, particularly in areas affected by the closure of Australia's international borders.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">Despite the strong recovery in jobs and reports of labour shortages, inflation and wage outcomes remain subdued. While a pick-up in inflation and wages growth is expected, it is likely to be only gradual and modest. In the central scenario, inflation in underlying terms is expected to be 1½ per cent over 2021 and 2 per cent by mid 2023. In the short term, CPI inflation is expected to rise temporarily to about 3½ per cent over the year to the June quarter because of the reversal of some <span class="no-wrap" style="display: inline-block; white-space: nowrap;">COVID-19</span>-related price reductions a year ago.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">Maintaining the target of 10 basis points for the April 2024 bond will continue to keep interest rates low at the short end of the yield curve and support low funding costs in Australia. The yield on this bond is consistent with the target and the RBA remains prepared to operate in the market to achieve the target.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">The bond purchase program is playing an important role in supporting the Australian economy. The Bank will continue to purchase bonds given that we remain some distance from the inflation and employment objectives. However, the Board is responding to the stronger-than-expected economic recovery and the improved outlook by adjusting the weekly amount purchased. It will conduct a further review in November, allowing the Board to respond to the state of the economy at that time.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">The final draw-downs under the Term Funding Facility were made in late June. In total, $188 billion has been drawn down under this facility, which has contributed to the Australian banking system being highly liquid. Given that the facility is providing low-cost fixed-rate funding for 3 years, it will continue to support low borrowing costs until mid 2024.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">Housing markets have continued to strengthen, with prices rising in all major markets. Housing credit growth has picked up, with strong demand from owner-occupiers, including first-home buyers. There has also been increased borrowing by investors. Given the environment of rising housing prices and low interest rates, the Bank will be monitoring trends in housing borrowing carefully and it is important that lending standards are maintained.</p><p style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; margin: 15px 0px 0px; max-width: 640px; padding: 0px;">The Board remains committed to maintaining highly supportive monetary conditions to support a return to full employment in Australia and inflation consistent with the target. It will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range. The Bank's central scenario for the economy is that this condition will not be met before 2024. Meeting it will require the labour market to be tight enough to generate wages growth that is materially higher than it is currently.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-8790259601791951892021-06-24T12:52:00.004+08:002021-06-25T09:26:41.239+08:00What's life like in.. Subiaco?<p>When you come home to your castle, do you ever worry whether you will get parking? For many people living in the inner city suburbs, the reality is, you don't want to move your car because someone is going to take your precious parking spot when you leave. Or you need to park three streets down because other local residents have taken your favourite parking spot. When you visit a part of Perth, with manicured local parks and cafes, it's easy to think how much you would love living there. But what is it like for those that have moved in? </p><p>Apart from the parking issues, there are also the narrow lanes and parking bays that you need to fit your brand new SUV in. For some, they've already collected the scars of inner city living on their bumpers and side mirrors. While life in the inner city may suit the young professional, it may not be for everyone. Young families become paranoid about their children making noise, feeling like they have moved into the library during exam time. For others, being so close to their screaming neighbours gives them too much information about their relationship status. So when you pick your castle, remember that not every one of them comes with a moat, or a parking spot for that matter. Sometimes, you need to weigh up how close you really need to be in the city vs how much you value your personal space.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-21874378645686786172021-06-04T14:43:00.001+08:002021-06-04T14:43:02.921+08:00Perth Beating 2014 House Price Peaks as Cottesloe rises 22% in 7 years<p> Perth house prices have started to eclipse the boom time prices of 2014 with Cottesloe rising 22% in the last seven years. Floreat and City Beach joined it's beachside neighbour with 19% and 15% respectively. The top 20 suburbs that have eclipsed their 2014 median house prices are listed below. </p><div class="css-vli4ni-StyledMain e14gr2am1" style="box-sizing: border-box; color: #252525; font-family: "Guardian Text Egyptian Web", "Times New Roman", serif; font-size: 16px;"><article class="css-1aeb8l5-StyledGrid ell6x8x5" style="box-sizing: border-box; display: grid; gap: 1.125rem; grid-template-columns: 100%; margin: 0px auto 18px; width: 659px;"><div style="box-sizing: border-box;"><div class="css-czxz1x-StyledArticleContent ell6x8x3" style="box-sizing: border-box; width: 659px;"><div class="js-taboolaReadMoreContent css-1bgobxc-StyledBlockContent eh7f8mi1" id="ArticleContent" style="box-sizing: border-box; margin-bottom: 0px; position: relative; width: 659px;"><p class="css-1estpn-StyledParagraph e4e0a020" style="box-sizing: border-box; line-height: 1.5; margin: 0px auto 1.125rem; overflow-wrap: break-word; padding-left: 2.8125rem; padding-right: 2.8125rem; word-break: break-word;"></p><ol style="text-align: left;"><li>Cottesloe: $2.262 million, $1.85 million, 22%</li><li>Floreat: $1.565 million, $1.312 million, 19 %</li><li>City Beach: $1.927 million, $1.67 million, 15%</li><li>South Perth: $1.35 million, $1.2 million, 13%</li><li>Nedlands: $1.75 million, $1.575 million, 11 %</li><li>Mount Helena: $545,000, $492,000, 11%</li><li>Mosman Park: $1.55 million, $1.4 million, 11%</li><li>Bicton: $1.11 million, $1.005 million, 10%</li><li>Bedfordale: $820,000, $749,500, 9%</li><li>Shenton Park: $1.3 million, $1.2 million, 8%</li><li>Rossmoyne: $1.2 million, $1.13 million, 6%</li><li>Glen Forrest: $615,000, $580,000, 6%</li><li>Woodlands, $1 million, $945,000, 6%</li><li>East Fremantle: $1.222 million, $1.167 million, 5%</li><li>Mt Nasura: $472,500, $455,000, 4%</li><li>Sorrento: $1.045 million, $1.01 million, 3%</li><li>Hilton: $583,000, $565,000, 3%</li><li>Connolly: $720,000, $700,000, 3%</li><li>Karrinyup: $861,000, $842,500, 2%</li><li>Bull Creek: $770,000, $755,000, 2%</li></ol><p></p></div></div></div></article></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-3545673942889806993.post-78410340578815416622021-06-01T13:06:00.002+08:002021-06-01T13:06:10.387+08:00RBA keeps cash rate at 0.10% <p><span style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px; font-weight: bold;">At its meeting today, the Board decided to maintain the current policy settings, including: the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond; the parameters of the government bond purchase program; and the rate of zero per cent on Exchange Settlement balances.</span></p><div class="rss-mr-content" itemprop="text" style="background-color: white; font-family: Tahoma, Arial, Helvetica, Verdana, Geneva, sans-serif; font-size: 15px;"><p style="margin: 15px 0px 0px; max-width: 640px; padding: 0px;">The global economy is continuing to recover from the pandemic and the outlook is for strong growth this year and next. The recovery remains uneven, though, and some countries are yet to contain the virus. Global trade in goods has picked up strongly and commodity prices are mostly higher than at the start of the year. However, inflation in underlying terms remains low and below central bank targets.</p><p style="margin: 15px 0px 0px; max-width: 640px; padding: 0px;">Sovereign bond yields have been steady recently after increasing earlier in the year due to the positive news on vaccines and the additional fiscal stimulus in the United States. Medium-term inflation expectations have lifted from near record lows to be closer to central banks' targets. The 3-year government bond yield in Australia is consistent with the Board's target and lending rates for most borrowers are at record lows. The Australian dollar remains in the upper end of the range of recent years.</p><p style="margin: 15px 0px 0px; max-width: 640px; padding: 0px;">The economic recovery in Australia is stronger than earlier expected and is forecast to continue. The Bank's central scenario is for GDP to grow by 4¾ per cent over this year and 3½ per cent over 2022. This outlook is supported by fiscal measures and very accommodative financial conditions. An important ongoing source of uncertainty is the possibility of significant outbreaks of the virus, although this should diminish as more of the population is vaccinated.</p><p style="margin: 15px 0px 0px; max-width: 640px; padding: 0px;">Progress in reducing unemployment has been faster than expected, with the unemployment rate declining to 5.5 per cent in April. Job vacancies are at a high level and a further decline in the unemployment rate to around 5 per cent is expected by the end of this year. There are reports of labour shortages in some parts of the economy.</p><p style="margin: 15px 0px 0px; max-width: 640px; padding: 0px;">Despite the strong recovery in the economy and jobs, inflation and wage pressures are subdued. While a pick-up in inflation and wages growth is expected, it is likely to be only gradual and modest. In the central scenario, inflation in underlying terms is expected to be 1½ per cent in 2021 and 2 per cent in mid 2023. In the short term, CPI inflation is expected to rise temporarily to be above 3 per cent in the June quarter because of the reversal of some <span class="no-wrap" style="display: inline-block; white-space: nowrap;">COVID-19</span>-related price reductions.</p><p style="margin: 15px 0px 0px; max-width: 640px; padding: 0px;">Housing markets have strengthened further, with prices rising in all major markets. Housing credit growth has picked up, with strong demand from owner-occupiers, especially first-home buyers. There has also been increased borrowing by investors. Given the environment of rising housing prices and low interest rates, the Bank will be monitoring trends in housing borrowing carefully and it is important that lending standards are maintained.</p><p style="margin: 15px 0px 0px; max-width: 640px; padding: 0px;">As foreshadowed last month, at its July meeting the Board will consider whether to retain the April 2024 bond as the target bond for the 3-year yield target or to shift to the next maturity, the November 2024 bond. The Board is not considering a change to the target of 10 basis points. At the July meeting the Board will also consider future bond purchases following the completion of the second $100 billion of purchases under the government bond purchase program in September. The Board continues to place a high priority on a return to full employment.</p><p style="margin: 15px 0px 0px; max-width: 640px; padding: 0px;">The date for final drawings under the Term Funding Facility is 30 June 2021. So far, authorised deposit-taking institutions have drawn $134 billion under this facility and a further $75 billion is available. The facility is providing low-cost fixed-rate funding for 3 years and so will continue to support low borrowing costs until mid 2024.</p><p style="margin: 15px 0px 0px; max-width: 640px; padding: 0px;">The Board is committed to maintaining highly supportive monetary conditions to support a return to full employment in Australia and inflation consistent with the target. It will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range. For this to occur, the labour market will need to be tight enough to generate wages growth that is materially higher than it is currently. This is unlikely to be until 2024 at the earliest.</p></div>Unknownnoreply@blogger.com0