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CoreLogic has released its monthly chart pack, which reveals that Australian rents have begun to climb-off the canvas.
After recently slowing to a record low 0.4%, annual national rental growth ticked up to 0.7% in August:
Across the capital cities, rental growth has improved from a recent low of -0.1% to 0.1%.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.