The days of property ‘super-cycle’ could be over
Senior economists say latest data 'could mean a decade or so of real house prices ranging sideways'.
Senior economists say latest data 'could mean a decade or so of real house prices ranging sideways'.
Inflation figures have come in under the Reserve Bank's predictions, but some economists warn they might not paint a true picture.
Removing layers of rules and having the political will to stand up to NIMBYs are among a raft of measures put forward to fix Australia's housing crisis.
Inflation falls marginally but annual inflation for new dwellings has reached its highest level in three years.
Failure to properly link offsets to mortgages has seen loan repayments stay the same and more interest being paid.
The Reserve Bank governor says interest rates may need to go higher, as Australia's weak productivity problem locks households in for lower living standards.
Allowing more homes to be built in places where people want to live will help fix Australia's housing crisis, the Productivity Commission says.
Australian bonds traders are fully pricing in another Reserve Bank rate hike by the end of the year after a surprisingly strong rise in employment in June.
Report says 'expectations households and firms have about future price increases influence economic decisions'.
Auditor-General says 'the department had failed to take clear responsibility for delivering the program'.