Upmarket suburbs in Austrlia's two most populopus cities are reporting property price declines not seen for almost two years.
And, with more interest rate hikes expected, that trend could continue.
Sydney and Melbourne have suffered the first quarterly decline in property prices in almost two years - before the Reserve Bank of Australia slashed the cash rate to a record-low 0.1 per cent.
Higher-income households tend to hold more...

Is 10 too young to start teaching about money?
A young 12-year-old boy in South Korea made a 43% profit gain from investing in stocks.
It's never too soon to teach your kids about money.
If kids could understand the concepts behind investments and do their own investing, they might buy a cool new pair of shoes themselves as a gift on the next Children's day.
Take the quiz for kids to find out!
Ready to see how much they know...

As we enter the second half of 2022, the market is signaling a continued de-rating of equities, lingering challenges for consumers, and an increased bearishness among equity investors.
Here are some key takeaways brought by Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategist for Morgan Stanley in the podcast Thoughts on the Market.
What you'll get:
1. Perspectives on different sectors, such as consumers, technology and the crowded ener...