Borrowers back to square one as likely rate hike looms
Housing cost growth is set to pick up steam in the coming months as the Middle East conflict drags on, adding to the Reserve Bank's inflation concerns.
Housing cost growth is set to pick up steam in the coming months as the Middle East conflict drags on, adding to the Reserve Bank's inflation concerns.
Jim Chalmers has played down suggestions possible changes to negative gearing or capital gains tax would be breaking promises with the electorate.
As the scale and uncertainty of the Middle East conflict escalates, so too does the anxiety around Australian housing crisis. The war has forced the sector to lower its expectations around the country new home building targets.
Labor will unveil net savings for the second consecutive budget as it faces claims it is planning a "tax assault on family" through investment changes.
Tens of thousands of new homes are expected to be built in one state under a $2 billion government investment that promises to give young buyers a leg up.
The upcoming federal budget is widely tipped to pare back incentives for property investors as the prime minister promises to tackle intergenerational inequity.
Traders and economists expect the central bank to raise interest rates for a third straight meeting, but high uncertainty could result in another split decision.
Health, defence and welfare commitments are among fiscal pressures weighing on the federal budget as Treasurer Jim Chalmers vows to put a lid on spending.
A premier has warned breathless developers to keep their heads out of the clouds as one of Australia's biggest cities marches relentlessly into the bush.
Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.