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EXCLUSIVE
States paying the price for heavy reliance on stamp duty
Advocacy groups fight for greater focus on the real estate market, saying 'treating property as a political platform is ... causing a lot of harm'.
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Economy
Tax changes send investors fleeing from home market
The share of home loans taken out by owner-occupiers has climbed steeply since the May budget cracked down on investor tax incentives.
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Economy
Tradie stigma worsening building skills shortage
The peak body representing construction employers has called for greater workplace flexibility to get more women into the sector and ease skills shortages.
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Economy
Regional train boost in key battleground electorates
A state Labor government is announcing a funding boost for regional transport as fresh polling adds to the pressure on the embattled party.
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Economy
Bank bosses face inquiry over AI and offshore job cuts
Australia's big four bank bosses face a two-day parliamentary grilling over thousands of AI and offshore job cuts despite posting multi-billion-dollar profits.
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Economy
Shock decline in mortgage numbers stirs up the banks
Economists say they 'expect new home lending to keep contracting over the coming year, with investor loans to fall twice as fast as owner-occupiers'.
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Economy
'This is a tax stick up that would make Ned Kelly blush'
Property Council boss rues discretionary trust tax move and says 'at every step, these reforms have been pushed through without proper consideration or consultation with industry'.
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Property
Tax changes spur record fall in investor home loans
Some signs of improvement but 'a recovery in housing market conditions is unlikely until buyers have the confidence and financial capacity to return to the market'.
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Economy
Big bank's profit up despite home loan applications dip
CBA's earnings rise as CEO says 'higher inflation and interest rates continue to place uneven pressure on household incomes and business activity'.
PODCASTS · SETTLEMENT DAY
Settlement Day Ep.9 | Training the Next Generation of Conveyancers
Settlement Day Episode 9 examines the future of conveyancing education and training, from tertiary courses and practical experience to recruitment, working conditions, professional development and the growing impact of AI.
Duration 51:24Watch now
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Economy
Retirement dream a nightmare for some as costs surge
New report says 'the number of pre-retirees who are feeling very well prepared for retirement is at its lowest point in a decade'.
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Economy
Mood sours for business, consumers amidst uncertainty
Economist says 'Higher interest rates and stubborn cost pressures have weighed on conditions and confidence across the country', felt hardest in Victoria.
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Economy
Higher interest rate expectations yet to effect wages
Major bank sees monthly wage growth dropping in October, saying that the 'slower growth in the wage bill means slower growth in household labour income'.
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Economy
Major bank says enough is enough for interest rate rises
NAB economist believes five rate increases in the year will see the Reserve Bank be more cautious next month but 'inflation remains the key risk'.
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Property
'Local market dynamics' key to better housing deals
Negotiating in certain markets can see buyers able to 'secure a property for considerably less than the advertised price'.
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Property
Watchdog warns private credit amidst Bathla troubles
As inquiry continues into collapse of major developer, ASIC boss says 'we've called out some better practice in this report but, in a consistent and comprehensive way, we haven't seen the improvement'.
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