It looks like those with flexibility to move are doing so as the economic news goes from bad to worse in Australia this week. Miner BHP-Billiton has announced the loss of over 3000 jobs in Australia and for once it appears those who are not tied into the property market are doing the right thing -they are down-sizing.
South Australia is riding a mining investment surge, which is increasing employment and driving record levels of overseas migration. Predictably property prices have been booming and look set to continue to do so.
domain.com.au has a high profile in the Australian real estate market which is hardly surprising as its part of the Fairfax Digital Network which owns a number of Australian TV channels and newspapers including The Sydney Morning Herald and The Age (Melbourne). domain.com.au also sponsors the long-running popular “Hot Property” TV program.
