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.
Just 22 per cent of Australians surveyed were satisfied with the availability of affordable housing, the lowest level since Gallup started conducting the polls in 2006.
Despite the Greens pivoting towards the plight of renters ahead of the election, tenants are giving more backing to the major parties, polling has revealed.
Low and middle-income Australians struggling to crack the housing market will soon be able to buy with a smaller deposit via federal help.
Parliamentary inquiry into the use of PFAS begins as calls grow for more transparency from the companies using them.
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