Borrowed time: rate hike unlikely to be one-and-done
Mortgage holders could face back-to-back rate hikes after the Reserve Bank raised interest rates amid rising inflation pressures.
Mortgage holders could face back-to-back rate hikes after the Reserve Bank raised interest rates amid rising inflation pressures.
The Reserve Bank has revised up its prediction for core inflation, with price growth expected to remain above its midpoint target despite higher interest rates.
Choppy progress on housing supply is hurting affordability, as calls mount for tax reform to take some heat out of property demand.
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Mortgage holders will face higher borrowing costs after the Reserve Bank raised interest rates by 0.25 percentage points in a widely anticipated decision.
Two incorrect assumptions have set the Reserve Bank on track for a costly U-turn on interest rates, with borrowers facing steeper repayments on their mortgages.
Property experts across the country are supporting a lift in house prices this year but they remain wary of the effect of potential interest rate hikes.
Home price growth picked up in January, but results were mixed across the capital cities, with one jurisdiction leading the way on rental affordability.
The Reserve Bank is widely tipped to become the first major central bank on Tuesday to U-turn from rate cuts to rate hikes in the post-COVID inflation era.
Joseph Stiglitz is something of a ‘rock star ‘in left-leaning economic circles, but his suggestions to make housing more affordable didn't seem to convince Jim Chalmers.