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RBA ‘no knight in shining armour’ for mortgage holders

BORROWERS can be reassured that interest rates are likely to remain on hold for now, but with the inflation dragon still rampant, they should not expect the Reserve Bank to come to their rescue any time soon. During economic slowdowns, the central bank has often been the “knight in shining armour” for households, cutting interest rates when times are tough to boost the economy, HSBC chief economist Paul Bloxham said. A sluggish GDP print for the March quarter and rising unemployment suggest Australia is already in a downswing. But while he predicted no more hikes from the

Australia’s fiscal metrics ‘broadly weaker’ than peers

Money men say Budget plans may boost productivity

Government continues balancing act with immigration

Liberals admit mistakes but ‘there is a lot to play out’

When the case for due diligence is a must for conveyancers

Tax reforms to impose ‘substantial costs’ on the public

Costly uni degrees may lift tradie numbers

DIMINISHING value for the ballooning cost of a university degree could prove a windfall for the construction industry as it’s hoped more young people are steered towards in-demand tra

Doubled investment to accelerate housing

THE Queensland Government is further accelerating the $2 billion Residential Activation Fund to unlock thousands of additional homes. Following the success of round one and overwhelming

Clearance rates jump higher after holiday

AFTER a week of softer auction clearances, the nation’s capitals bounced back with a healthy rise last weekend. The capital cities recorded a solid 80.8 per cent bounce back in auc

INVESTORS are prematurely offloading their properties before tax changes even hit the market, resulting in a listings boom but fewer rentals. Rental listings across the country have sho