The numbers that drive our future
Australia must cut unnecessary red tape and boost business investment if young people are to be better off than their parents, the productivity tsar says.
The unemployment rate slid to 4.2 per cent in July, partly because of an unwinding from an earlier, outsized jump, the Australian Bureau of Statistics reports.
Banking and real estate analysts are forecasting a double digit lift in property prices over the next 18 months.
The 3.5 per cent quarterly growth in the number of investment loans follows two consecutive falls.
The "Trumpification" of the US Federal Reserve provides an unsettling backdrop to the Reserve Bank's August meeting, where it is expected to cut interest rates.
The Reserve Bank of Australia board is expected to deliver mortgage holders more hip-pocket relief in its upcoming interest rates decision.
Buyers and sellers waiting for the Reserve Bank's next move and the traditional boomtime that is the spring selling season.
The Housing Industry Association (HIA) latest report will be good news for government hoping to see the Housing Accord back on track.
FOMO back in the market with super competitive auctions making it feel like 2021 when rates were very low.
Meeting minutes have shed new light on the Reserve Bank's decision to hold rates steady in July, with Australia's low unemployment rate a concern for the board.
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