The challenge of finding a new home
A November rate rise is still on the cards for the Reserve Bank, even after a slightly softer-than-expected underlying inflation outcome in August.
As Australia falls further behind its housing supply targets, political parties continue to disagree over how to solve the nation's housing crisis.
While there have been mixed results in terms of the number of home development approvals in August, the national data shows a drop.
A spike in fuel prices has ended a five-month streak of slowing growth in consumer prices, adding to Reserve Bank concerns about inflation.
The RBA decision to raise the home loan cash rates has hit mortgage holders hard at a time when cost pressures are already bearing down on families. While the Federal Government points the finger at the Mid-East conflict, back home the blame is directed at public policy.
Reserve Bank governor Michele Bullock hopes four rate rises so far will be enough to bring down inflation, but only time will tell if more hikes will be needed.
The Reserve Bank's decision to lift the cash rate to 4.6 per cent was unanimous, but economists are divided on whether borrowers can expect more hikes.
Labor and the coalition are duelling over why Australians now must fork out more on their mortgages every month.
Years of construction backlogs have forced councils to seek modular alternatives to house the next generation of regional workers.
While not yet in uncharted territory, Australia's housing market is in for a hiding from higher interest rates, lower borrowing capacity and tax changes.
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