THE Aussie property boom is nearing its end

With housing price growth to run in the low single-digits in 2018.

 

THE Australian share market looks set to open higher amid continuing positive sentiment and after better-than-expected produce price index figures boost Wall Street’s Dow and S&P500 indexes.

At 0700 AEDT on Wednesday, the share price futures index was up 12 points, or 0.2 per cent, at 6,030.

Meanwhile, the Australian dollar has gained against the US dollar, which also rose on the stronger-than-expected PPI figures. The local currency was trading at 75.59 US cents at 0700 AEDT on Wednesday, from 75.36 on Tuesday.