{"id":100923,"date":"2018-11-05T18:03:40","date_gmt":"2018-11-05T11:03:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-property-slump-casts-doubt-on-household-spending\/"},"modified":"2018-11-05T19:03:01","modified_gmt":"2018-11-05T12:03:01","slug":"australias-property-slump-casts-doubt-on-household-spending","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-property-slump-casts-doubt-on-household-spending\/","title":{"rendered":"Australia's property slump casts doubt on household spending"},"content":{"rendered":"


\nAustralia\u2019s falling house prices are raising doubts about the resilience of household spending.
\nThere are signs of weakness emerging, with data Friday showing retail sales growth tumbled sharply in the third quarter. Australians were happy to fund higher spending by putting away less savings as the value of their homes increased. But when prices drop, as they have nationwide for 13 months, building a buffer traditionally becomes the priority over shopping.
\nFor Governor Philip Lowe,…
\n
\nSource : South China Morning Post
\nRead more…Australia’s property slump casts doubt on household spending<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Australia\u2019s falling house prices are raising doubts about the resilience of household spending. There are...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100923","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qfN","jetpack-related-posts":[{"id":58356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/moodys-downgrades-australias-big-four-banks-household-risks\/","url_meta":{"origin":100923,"position":0},"title":"Moody\u2019s downgrades Australia\u2019s \u2018Big Four\u2019 banks household risks","date":"June 19, 2017","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Moody\u2019s downgrades Australia\u2019s \u2018Big Four\u2019 banks household risks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69120,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-household-debt-is-rising-but-its-treasurer-says-the-situation-is-under-control\/","url_meta":{"origin":100923,"position":1},"title":"Australia's household debt is rising \u2014 but its treasurer says the situation is under control","date":"October 16, 2017","format":false,"excerpt":"\r Australian Treasurer Scott Morrison says measures undertaken by regulators have put household debt issues under control.\r \r Source : cnbc.com\r Read more...Australia's household debt is rising \u2014 but its treasurer says the situation is under control","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-australias-household-debt-binge-has-left-the-country-vulnerable-as-economy-shrinks\/","url_meta":{"origin":100923,"position":2},"title":"How Australia's household debt binge has left the country vulnerable as economy shrinks","date":"December 7, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...How Australia's household debt binge has left the country vulnerable as economy shrinks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sydneys-house-price-slump-means-australian-interest-rates-will-stay-on-hold\/","url_meta":{"origin":100923,"position":3},"title":"Sydney\u2019s house price slump means Australian interest rates will stay on hold\u00a0","date":"August 6, 2018","format":false,"excerpt":"\r Sydney\u2019s bubbly house prices are sinking and have been tipped to fall for at least another year, pushing the central bank even further to the sidelines. Given Australia\u2019s tepid wages, tame inflation, rangebound currency and exposure to a global trade war, Reserve Bank of Australia governor Philip Lowe and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-q3-2018-gdp-wont-be-as-strong-as-1h-moodys\/","url_meta":{"origin":100923,"position":4},"title":"Australia's Q3 2018 GDP won't be as strong as 1H: Moody's","date":"December 4, 2018","format":false,"excerpt":"\r Katrina Ell of Moody's Analytics discusses expectations for Australia's Q3 GDP results. She also weighs in on the country's cooling housing market, which she says will hurt consumer spending.\r \r Source : cnbc.com\r Read more...Australia's Q3 2018 GDP won't be as strong as 1H: Moody's","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revealed-australias-rich-listers-and-their-big-money-links-to-nz\/","url_meta":{"origin":100923,"position":5},"title":"Revealed: Australia's rich listers and their big-money links to NZ","date":"May 25, 2018","format":false,"excerpt":"\r Australia's wealthiest people identified today by the 2018 Financial Review Rich List operate major businesses in New Zealand where they are spending $790m in Newmarket and $100m in Hamilton lately.From packaging to shopping centres,...\r \r Source : nzherald.co.nz\/Property\r Read more...Revealed: Australia's rich listers and their big-money links to NZ","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100923"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=100923"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100923\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}