Australians have been told the housing crisis can't be solved in one fell swoop as brand new inner-city homes are opened for people on low incomes.
The Reserve Bank of Australia board is expected to deliver mortgage holders more hip-pocket relief in its upcoming interest rates decision.
A bid to sell a racecourse in Australia's urban heartland to build 25,000 homes has been scratched as eyes turn to the last working port in Sydney Harbour.
Quarterly numbers are expected to show inflation has drifted into the Reserve Bank's target range to set up a further interest rate cut.
Social housing will be built among thousands of new homes in an inner-city suburb, as part of a plan to develop near established transport and amenities.
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