Crucial economic data in coming weeks could determine when mortgage holders can expect more interest rate relief, the Reserve Bank board says.
Treasurer Jim Chalmers has announced significant changes to taxes on large super balances, above $3 million, in a bid to raise political support for the reform.
The PM's office is briefed all the time on a range of issues, says Anthony Albanese after a hearing was told of conversations over a plan to tax super balances.
Australia's central bank will reveal what went on behind closed doors when it decided to keep the cash rate on hold, while key job figures are due for release.
House prices could surge and mortgage defaults rise when a government scheme to help first home buyers begins ahead of schedule, experts warn.
A federal program allowing just a five per cent deposit for people to get their first home has been brought forward by three months.
Australia's jobless rate rose from 4.1 per cent to 4.3 per cent in June, in a surprise outcome driven by a 34,000 increase in the number of unemployed people.
Australian super balances have fallen for the first quarter since 2022, with funds warning of further risks posed by Donald Trump's "America first" agenda.
Labor reveals how it would balance the federal budget with its election promises as a global agency warns government spending could trigger a credit downgrade.
As they aim to win over first homebuyers, party leaders have tried to strike a delicate balance in not spooking existing owners on property values.
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