Property
Tariff turmoil triggers Reserve Bank inflation fears
17 April
The threat of Donald Trump’s tariffs loomed large over the Reserve Bank as it made the call to keep interest rates on hold, warning that US measures could lead to higher inflation. Minutes from the central bank’s April 1 meeting, released on...[Read More]
Plan to support more Aussies to buy their first home
16 April
ANTHONY ALBANESE’S PLAN TO UNLOCK 100,000 PROPERTIES AND SMALLER DEPOSITS FOR FIRST-HOME BUYERS * A re-elected Labor government would spend $10 billion on up to 100,000 properties for first-home buyers to help ease the housing crisis * States and...[Read More]
Property price stance not safe as houses for leaders
16 April
While major parties eagerly press their plans to make it easier for first homebuyers to enter the market, they are more reluctant to reveal how much they want property prices to rise. Anthony Albanese and Peter Dutton have put forward competing...[Read More]
Policy no quick fix with housing ‘too far out of reach’
16 April
Duelling policies on housing might not solve all issues facing first homebuyers but could win votes despite some all but giving up on owning their slice of Australia. Hopeful homeowners would only need a five per cent deposit and houses would be...[Read More]
Households make room as renters share living costs pain
16 April
With rents rising nearly 40 per cent in the past five years cities are becoming hubs for larger households as international students lead the charge of living together. Housing has become a battleground for the major political parties jockeying to...[Read More]
Calls mount for RBA to intervene with jumbo rate cut
10 April
Odds are shortening for the Reserve Bank to cut rates by 50 basis points at its next meeting as global financial turmoil weighs heavily on Australians. Though most economists do not view an Australian recession as a realistic chance, the prospect of...[Read More]
US trade war may force all-out assault with rate cuts
10 April
US tariffs have wreaked havoc on financial markets but could force the Reserve Bank of Australia to deliver more mortgage relief sooner. ANZ Bank – until recently the most hawkish of the big four banks – on Friday upped its interest rate cut...[Read More]
Foreign student cap to ease housing crisis, Dutton says
9 April
A plan to cut international student numbers will get more Australians into homes, the coalition says, while critics argue the policy will do little to reduce housing pressures. Opposition Leader Peter Dutton unveiled the campaign pledge in Melbourne...[Read More]
Two data prints and a Trump wildcard to decide rate cut
3 April
Donald Trump’s so-called ‘liberation day’ looms over the economic calendar but another date could have even greater implications for interest rates in Australia. By April 30 Australians could know whether the Reserve Bank is set to cut rates...[Read More]
‘Cautious’ RBA holds rates steady ahead of election
3 April
Hopes remain high for mortgage relief in May despite a “cautious” Reserve Bank of Australia keeping interest rates on hold. As widely expected by economists, the RBA’s new monetary policy board held the cash rate steady at 4.1 per cent at its...[Read More]
Dutton pledges power bill ‘action’ but questions remain
3 April
Plans to set aside gas for the domestic market will bring power prices down, Peter Dutton claims, but Australians remain in the dark about how much better off they would be under the proposal. The opposition leader visited western Sydney on the...[Read More]
Brick by brick, parties build election housing pitches
2 April
Get out there and build. That’s the message Australia’s housing minister has delivered to property investors while claiming market stability and certainty could be at risk should the coalition secure a win at the impending election. “We’ve...[Read More]
Inflation falls in line with expectations
27 March
The Reserve Bank’s efforts to curb inflation are heading in the right direction, with monthly inflation continuing downward, but it likely won’t be enough to force a rate cut next week. The monthly consumer price index fell 10 basis points to...[Read More]
Rental reforms to help keep young staff in pricey homes
27 March
Protecting renters from no-grounds evictions has been labelled a win for the economy by delivering better prospects for young workers in one of the world’s most expensive cities. Millions of renters will soon be spared the frustration of a...[Read More]
10 ways to reduce your household energy use
20 March
As a homeowner, you’re likely aware of the increasing costs associated with household energy consumption. This is why cutting down on energy use can mean big savings. In addition to the financial benefits, reducing electricity use can help to...[Read More]