But economists suggest Budget tax changes could help 'support demand for new dwellings' in the future.
Unlikely alliance with Greens mooted for Coalition to block government's tax changes in the Senate.
Current data shows economy will continue to grow, but only moderately, which will control rate of inflation.
Productivity Fund may not win votes but premier says it is "worth a crack" to invest in state's future prosperity.
Changes pass though the lower house in just two days but now the Senate will debate them this month.
Changes to negative gearing, capital gains tax and trusts have not raised Treasury's assumption that productivity will grow at 1.2 per cent in the medium term.
The OECD expects Australia's economic growth rate to slow to 1.8 per cent in 2027, which might require the Reserve Bank to lower interest rates.
A state premier has proposed new laws with the goal of making building and financing modular homes easier.
A state government is set to deliver a belt-tightening budget that cuts jobs and limits spending, as it focuses on reducing its ballooning debt burden.
Reserve Bank officials will respond to economic growth figures and a home price slowdown as they front a parliamentary hearing on Thursday.
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