The man who used to be opposition leader, Tony Abbott, was right: Australia has a "budget emergency". By 2023. Pressure on Australian government budgets has been building for some time. It comes.
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WASHINGTON (AP) – U.S. home prices rose in July at the slowest pace in 10 months as climbing mortgage rates become a more significant factor for a growing number of prospective buyers.
· US New Home Sales Fall as Mortgages Rates Rise Sales of new US single-family homes fell to a near 2-year low in September and data for the prior three months was revised lower, the latest indications that rising mortgage rates and higher prices were sapping demand for housing.
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