Economists say scrapping the property purchase tax should be high on the agenda on the back of the government's Productivity Roundtable.
But the nation has been down in the dumps for the second longest period since the respected Melbourne Institute Consumer Sentiment Index began its survey 50 years ago.
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 switch to eConveyancing will apply to mortgages to begin with, followed by caveats in January and full transfers in August 2026.
Australians have been told the housing crisis can't be solved in one fell swoop as brand new inner-city homes are opened for people on low incomes.
In a bid to meet its target of building 800,000 homes over the next decade, Victoria has announced new housing laws designed to speed up approvals.
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.
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