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Reserve Bank continues to be nervous about inflation

THE Reserve Bank’s fears about inflation have materialised, which could force it to raise interest rates again, according to governor Michele Bullock Her comments during a parliamentary hearing on Friday morning reaffirmed expectations that the central bank would hike rates for a fourth time this year at its upcoming board meeting in late September. Inflation was too high but the key question for the RBA at that meeting would be whether the bank’s three rate rises to date were enough to bring inflation back to target in a reasonable time, Bullock said. At the bank’s

Home buyers deserve ‘a fair go’ with stamp duty

People’s life savings ‘must be protected at all costs’

Soft landing botched: IMF backs more rate rises

Nothing Trump-like about new immigration policy

Number of migrants in the country down on previous year

Remove productivity barriers and no more new taxes

Sellers hold back as economic conditions bite

A LEADING real estate agency believes sellers are “shaping the market” during the post-Budget housing situation in Sydney and Melbourne. Since May, fewer properties have been

It’s simple: Australia has a shortage of homes

AUSTRALIA’s residential property market has entered “a cautious and uncertain” phase, according to the Real Estate Institute of Australia. During the June quarter, nati

Sydney leads the way in housing vacancy rates

SYDNEY has recorded the largest annual increase in available housing stock, according to a new report from SQM Research. Australia’s national residential vacancy rate held at 1.3 per cen

Tech bill welcomed: call for global AI rules

A GROUP of tech experts have welcomed the Australian government’s proposed digital duty of care legislation but warn the window to regulate artificial intelligence around the globe is