Australian new-car prices are at their lowest levels in 36 years, based on a comparison of average weekly earnings with the cost of a new vehicle. Stockbroker Commonwealth Securities, operated by the Commonwealth Bank of Australia, says new cars are more affordable than at any time since 1976. An individual on an average wage now needs to work about 30 weeks to buy a new locally built Holden Commodore or Ford Falcon, The Age newspaper reports, quoting a CommSec report. Just 18 months ...
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