Hazy outlook fuels Reserve Bank caution on disinflation
Caution urged over future cash rate changes as uncertainty looms large over global policy, the impacts of rate decisions and the labour market.
The numbers that drive our future
Caution urged over future cash rate changes as uncertainty looms large over global policy, the impacts of rate decisions and the labour market.
Close to three-quarters of the 2,820 homes that went under the hammer at auction were snapped up in the best set of results since last July.
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.
Survey of 32 leading Australian economists has tipped the Reserve Bank to cut interest rates this week, but more than one in five remain unconvinced.
Conveyancers and property lawyers in the 4209 postcode have witnessed a decade-long surge in growth in the south-east Queensland hotspot.
With 30,000 house hunters checking into open homes across Australia on Saturday - including 70 would-be buyers inspecting a renovated home in Canberra - analysts are seeing a marked uptick in market activity.
Businesses still call our CBDs home as they balance flexible working arrangements with face-to-face contact in the office.
REA Group chief executive Owen Wilson says there are a lot of buyers and sellers of Australian property right now in anticipation of rate cuts.
Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.
Growing expectations of an interest rate cut have boosted market sentiment, according to Ray White.