The numbers that drive our future
The official cash rate has a three in front of it for the first time in two years, after the Reserve Bank cut interest rates by 25 basis points, as expected.
BoQ chief economist Peter Monckton thinks a series of substantial cuts are likely this year – taking the cash rate to 3.1 per cent.
While only NAB’s chief economist Sally Auld wrongly predicted a 0.5 per cent cut to the cash rate this week, most analysts agree there will be a significant drop this year.
The Victoria capital outpaced other states in auction activity and clearance rates as buyers rushed to market ahead of a widely anticipated rate cut.
The Reserve Bank is widely expected to deliver a second interest rate cut as global trade uncertainty threatens to rain on Australia's economy.
An unexpected jump in employment has led the money market to pare back its hopes for further mortgage relief after a widely expected rate cut next week.
But house price growth is needed to ensure new construction is economically viable again, a senior economist says.
A rate cut at the next Reserve Bank meeting could result in a very busy winter, according to one expert analyst.
More than 12,000 student beds due for completion by the end of 2026 as the sector booms.
All the smoke signals point to an interest rate cut as Australian retail spending continues to grow amid cooling consumer and producer inflation.
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