澳洲新闻 (ABC新闻快递) 2011-03-05
时间：2011-08-16 06:16:29
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Australian homes remain the most overpriced in the world - that's according to the The Economist1 magazine. The publication says that Australian property is overpriced by about 56 per cent, refuelling the debate over whether the nation's housing market is in some kind of a bubble. The Economist also claims home prices have risen by more than 200 per cent since 1997, compared to 95 per cent in the US, and that the Australian property market is the worst in the world followed closely by Hong Kong and France. The growth of disposable income has contributed to the surge in prices.
The private
equity2 owners of the cinema chain Hoyts have shelved plans to float the company because of market
uncertainty3. Reuters is reporting the private equity group has no timetable in mind to sell the business. Media reports have put the value of Hoyts at between $500 million and $1 billion. Hoyts manages about 50 cinema complexes in Australia and New Zealand.
And to the market numbers now, the Dow is down by about 34 per cent. The S&P 500 and the Nasdaq are also down. Europe's main stock markets were down on Friday. Elsewhere in the region, Japan's Nikkei closed the session stronger. Optimism about the US economic outlook and easing oil prices helped to drive both indices over 1 per cent higher. And the Australian dollar has given up a little ground against the greenback.
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