Weak confidence should translate to investment
Advocacy body says 'at a time when Australia needs more homes, governments should be focused on investment, not making it harder'.
Advocacy body says 'at a time when Australia needs more homes, governments should be focused on investment, not making it harder'.
Property Council says 'housing is a productivity issue, a workforce issue and an economic growth issue'.
RBA boss says 'continued weakness will constrain the economy's ability to grow without generating high inflation'.
CBA boss says economy is is faced with 'higher interest rates and inflation placing uneven pressure on household incomes'.
ANZ Bank says 'combination of restrictive interest rates, tax policy changes and global uncertainty have dampened sentiment'.
Housing requires a 'leave us alone' mentality as Victoria tries to improve the supply of more new homes.
Interest rates kept on hold despite inflation higher than expected and petrol prices continuing to rise.
Leading economist says 'house prices are already falling but that does not necessarily mean housing is becoming cheaper'.
But data firm says, despite improvement, clearance rates remain well below the decade average of 68 per cent.
Peak body says 'SMSF ban to have greater impact on supply of new homes than negative gearing and capital gains tax combined'.