‘Budget is cooked’: debt bites into spending
A state government is set to deliver a belt-tightening budget that cuts jobs and limits spending, as it focuses on reducing its ballooning debt burden.
A state government is set to deliver a belt-tightening budget that cuts jobs and limits spending, as it focuses on reducing its ballooning debt burden.
Reserve Bank officials will respond to economic growth figures and a home price slowdown as they front a parliamentary hearing on Thursday.
Treasurer is unlikely to offer any 'goodies' as his budget tries to contain any potential of a 'debt spiral'
Tasmanian premier wants to fast-track legislation to ensure people 'can access secure and affordable housing'.
Prime minister defends tax changes and says 'in spite of all those housing programs, we still were not doing enough'.
Commonwealth Bank says there are 'no clear signs of rapid deceleration' in the spending habits of Australians.
Economy is 'cooling but not in a way that suggests inflation will fall neatly back to target'.
New research shows big surge in renovations despite the threat of global uncertainty on the supply of materials.
Property Council says softer dwelling approval numbers reflect a more cautious investment environment.
Properties are taking much longer to sell in Perth but house prices continue to rise, reaching year-on-year highs.