RBA raises interest rates for third straight meeting
Mortgage holders are set to be cumulatively worse off by hundreds of dollars a month in interest payments since February after another Reserve Bank rate hike.
Mortgage holders are set to be cumulatively worse off by hundreds of dollars a month in interest payments since February after another Reserve Bank rate hike.
Housing cost growth is set to pick up steam in the coming months as the Middle East conflict drags on, adding to the Reserve Bank's inflation concerns.
Traders and economists expect the central bank to raise interest rates for a third straight meeting, but high uncertainty could result in another split decision.
Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.
The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.
Jim Chalmers is talking down the amount of extra revenue that changes to negative gearing, and the capital gains tax discount will add to the budget.
Middle East conflict has left Australians 'paying the price' but treasurer warns of more pain to come.
Senior economist predicts changes to negative gearing and CGT will reap massive rewards for the nation.
House prices for homes under thresholds for a five per cent deposit scheme are outstripping increases for all other homes.
It takes a year longer to build an apartment compared to a decade ago as a result of onerous red tape, the housing industry says.