Property purchases down as interest rate shocks hit
Rising living costs and interest rates are hurting housing sales, with a sharp downturn in loans and investor lending.
The policies shaping our future
Rising living costs and interest rates are hurting housing sales, with a sharp downturn in loans and investor lending.
The Australian labour market has shown signs of softening as tens of thousands of people register as unemployed, boosting hopes of a Reserve Bank rate hold.
After the last Tasmanian budget led to a snap election, Treasurer Eric Abetz is expected to chart a path to sustainability in this year's books.
Critics of the government's capital gains tax changes are being accused by the treasurer of overstating how much extra tax small businesses will have to pay.
Skilled migrants have much to offer Australia, including as a potential 'solution to the housing crisis'.
Australia could face a recession if businesses fail to keep their inflation expectations anchored, the central bank has warned.
Federal ministers have flagged the government is open to providing rollover support to small businesses and start-ups, amid looming changes to taxes on trusts.
Investors looking for clues on the next rates move will pick apart minutes from the Reserve Bank's May meeting and a speech by the RBA's chief economist.
The treasurer and prime minister are doing a sales job on government attempts to boost housing supply as property investors chew budget changes to tax breaks.
A state has been warned climate change-linked weather hazards endanger almost a fifth of the value of major infrastructure assets.