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‘Rush to conclusions’: calls for calm on house prices

CONCERNS of misleading or faulty modelling in the Budget have been shot down by the treasurer as short-term forecasts show house prices could fall by nine per cent in coming months. Tens of thousands of dollars could be slashed from home values in all capital cities, according to Commonwealth Bank’s latest housing market update. It has reported a “faster and broader” downturn than expected, flagging a national drop of more than 10 per cent in Sydney and Melbourne through to April 2027. Treasurer Jim Chalmers clarified the Treasury modelling showed house prices would

Major bank retreats on its housing stance

GDP numbers fuel chances of another rate hike

Hand brake placed on Victoria’s new home construction

Houses can’t be built fast enough to meet strong demand

Race against time to secure much-needed funding

Doom and gloom as house approvals fall dramatically

Planning for retirement is not that easy

ALMOST three million Australians are expected to retire over the next decade, but not everyone is heading toward their golden years with confidence. Many are still thinking about their &

It’s time for governments to invest in housing

THE Property Council of Australia is calling on the government to “back investment and remove barriers” if the country’s housing malaise has any chance to improve. The

GROWTH in retail spending is expected to almost halve in the next financial year as households look to tighten their belts, a report suggests. The expected pullback in the 12 months from

Not ten pound airfare but concept is similar

SHORTLY following the end of the Second World War, the Australian Government instigated a migration scheme to attract skilled workers to our shores. The primary goal was to rapidly boost