The numbers that drive our future
Australia should follow New Zealand in reforming zoning rules to boost limp construction productivity and expand housing supply, leading economists say.
Workers are taking home a larger slice of the economic pie as a result of Australia's historically tight labour market.
Cost of living crisis easing but more Reserve Bank rate cuts are needed for growth and jobs prospects in 2026, according to leading economist.
Rate-cut fueled optimism, and the prospect of first home buyer incentives, are driving demand across Australia.
But annually there has been a decline of 4.2 per cent, suggesting sellers and buyers alike are hesitant about proceeding, SQM Research's Louis Christopher says.
With listings 20 per cent below average and values climbing, Cotality's Tim Lawless is one of the experts who says the supply-demand imbalance could push annual growth into double digits.
Economists suggest unexpected rise in CPI will mean a September rate cut is unlikely - but expect the RBA will trim in November.
Research shows 2,127 capital homes scheduled for auction this week – marking the first time auction volumes have risen above 2,000 since late-June.
Broad support for Clare O'Neil's suggestions around reforming the National Construction Code.
But the nation has been down in the dumps for the second longest period since the respected Melbourne Institute Consumer Sentiment Index began its survey 50 years ago.
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