Home truths on housing target in leaked Treasury advice
Leaked advice on the government's new home target has failed to ruffle the treasurer, who says having an ambitious goal is better than building too few homes.
Leaked advice on the government's new home target has failed to ruffle the treasurer, who says having an ambitious goal is better than building too few homes.
Businesses and mortgage-holders banking on a cut to interest rates will have to wait more than a month before the next opportunity for financial stimulus.
An escalating trade war has slashed the odds of interest rate cuts for Australian mortgage-holders, including a potential mega cut weeks after the election.
Australia is expected to fall hundreds of thousands of homes short of its housing target but reforms could bring it back up to speed and help renters.
Short-term budget relief could hurt Australians in the long haul, economists warn, as politicians prepare to open their chequebooks ahead of the election.
Caution urged over future cash rate changes as uncertainty looms large over global policy, the impacts of rate decisions and the labour market.
While an election isn't due to be held until May 17 at the latest, the interest rate cut could see voters heading to the polls sooner rather than later.
As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.
Complaints about scams and financial hardship have grown by 81 per cent over the past year, according to AFCA.
Modest adjustments to property investors' tax concessions will save billions in the federal budget and help fund housing supply, independent senator David Pocock claims.