KAVANAGH-PUTLAND INDEX

THE HISTORY

https://thedepression.org.au/wp-content/uploads/2019/07/KPI-compressed.pdf

THE NEWS

This quite telling record of Australia’s booms and busts since 1972 has had to be discontinued in 2020. The data contained therein used to be available freely from the states and the Northern Territory, although a small charge was made by the governments of Queensland and the Australian Capital Territory.

Core Logic has taken a monopoly on these real estate data from the states and territories.

Whereas Core Logic charged Prosper Australia $3000 + GST for Australia’s total real estate sales for the 2018 financial year, it increased that amount to $4250 for provision of the 2019 sales data.

Due to the straitened economic times emanating from the coronavius, together with impossible levels of real estate debt, Prosper Australia was forced to advise Core Logic it was unable to meet this amount.

We may only trust the Australian Bureau of Statistics data is never privatised.