Chalmers aims to fix Australia’s ‘broken’ housing market
Tuesday's Budget flagged to have changes to negative gearing and CGT in an effort to level the playing field in housing.
Tuesday's Budget flagged to have changes to negative gearing and CGT in an effort to level the playing field in housing.
A Western Australian family of five with three school-aged children will receive up to $950 cash in cost-of-living relief from the state budget.
Extra billions of dollars will be poured into a suburban rail loop as part of Treasurer Jim Chalmers' fifth federal budget.
Higher rates and affordability pressures are threatening to push the housing market into a decline, with prices in the two biggest cities already on the slide.
Lenders must watch out for customers because the corporate regulator won't take a backward step as households face hardship, the outgoing ASIC chair will warn.
We have all had a sense of it for some time, but an Australian Bureau of Statistics survey just released confirms we are not the happy-go-lucky people we once were. Conditions are just getting the better of us.
Corporate behemoth Wesfarmers, the owner of Bunnings and Kmart has pulled those two big names together to create a “prefab” home construction business that promised to deliver dwelling cheaper and twice as fast as conventional builders.
Economic echoes of the post-COVID-19 period indicate global volatility will not break Australia's hunger for credit, lowering the odds of recession.
Treasurer Jim Chalmers has poured cold water on suggestions the budget will include a cash splash for households for cost-of-living relief.
The central bank, which raised interest rates on Tuesday, has released its latest set of quarterly economic forecasts and the news is not great.