Retail dead. Westpac cutting dividends and asking for more money at the same time. And “if” house prices are rising as fast as CoreLogic says it is, the RBA has failed to get the economy up and running via house price growth. Time for a new RBA Governor and a new strategy

Recovery trend in Melbourne overtook Sydney in October, with dwelling values surging 2.3% higher over the month; the largest month-on-month gain since November 2009.  Read more: ow.ly/5C8f50wYU2J