Renters surprise winners from cheaper mortgage deposits
Despite predictions that a five per cent deposit scheme will drive up house prices, analysts say the government policy could be good news for the nation's renters.
Despite predictions that a five per cent deposit scheme will drive up house prices, analysts say the government policy could be good news for the nation's renters.
In a scene playing out across the country, passionate locals have filed into a town hall and taken up battle positions to fix housing affordability woes.
An expanded government scheme to help first-home buyers clear the deposit hurdle could pour more fuel on the red-hot property market, housing experts warn.
Central banks such as the RBA need to be wary of the risks of inflation kicking off again, which could trigger market sell-offs, a global economic body warns.
Frustrated Michele Bullock questions claims consumers could be worse off as a result of the Reserve Bank's efforts to curb card surcharges.
Australia must cut unnecessary red tape and boost business investment if young people are to be better off than their parents, the productivity tsar says.
Jobs data is set to dominate the economic agenda in Australia, while onlookers expect the Federal Reserve to keep US interest rates on hold.
The Reserve Bank has kept the cash rate at 4.1 per cent, but economists believe more mortgage relief could soon be on the way in May.
Short-term budget relief could hurt Australians in the long haul, economists warn, as politicians prepare to open their chequebooks ahead of the election.
Planning reforms, streamlined development approvals and a strong focus on land releases are helping South Australia solve the state's housing shortage.