Westwood Conveyancing

Australian cities become even more expensive

The cost of living in Sydney has soared over the past year, with the harbour city now ranking among the world’s most expensive cities, according to a global study.

The Economist Intelligence Unit’s Worldwide Cost of Living Survey (WCOL) for 2018 found Sydney to be the fourth-most expensive city in Asia and the 10th-most expensive in the world.

The unit’s latest report showed Sydney had leapt 10 spots, from 20th to 10th in the space of just the past three surveys.

It also ranked Australia’s five largest cities among the 15 most expensive in Asia, with all five having got more expensive over the past year.

Donna Westwood
Licensed Conveyancer, JP
(Licence No. 1555562)

Tel:	(02) 9940 4006
Fax:	(02) 9940 3398
Mob:	0429 912 649

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DISCLAIMER The information contained in this newsletter is general information only and is based on our interpretation of various topics. It has not been prepared taking into account your specific situation, objectives or needs. You should consider how the information is in anyway appropriate to your own situation before making any decision. You should also seek independent advice from the appropriate professional to assist you with any decision.