The numbers that drive our future
Despite an overall gloomy outlook in two new surveys, Australians are hopeful of a property price boost over the next 12 months.
Economists are calling for further reform as a slowdown in spending growth adds to concerns Australia's economic recovery is at risk of stalling.
The odds are lengthening on an interest rate cut on Melbourne Cup Day, as the Reserve Bank adopts a hawkish tone and inflation steps up the pace.
Hopes for more rate cuts are fading after the RBA took a hawkish turn as it held interest rates steady in a widely-expected move.
Borrowers have been denied surprise mortgage relief by the Reserve Bank, which left rates on hold after hotter-than-expected inflation figures.
Mortgage holders are unlikely to get a leg up from the Reserve Bank this week, with markets and analysts predicting the cash rate to remain on hold.
Economists remain confident that the latest CPI data points towards a November cash rate cut.
Businesses on the Housing 100 builders list together delivered a combined 64,407 homes in 2024/25, up 11 per cent from last year’s 58,011.
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.
RBA boss Michele Bullock grilled by federal MPs on the timing of interest rate decisions ahead of key economic data releases.
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