'More work' for Labor as borrowers brace for rate rise
Interest rates are set to rise and stay high possibly until late 2027 as Labor continues to fend off accusations out-of-control spending is to blame.
Interest rates are set to rise and stay high possibly until late 2027 as Labor continues to fend off accusations out-of-control spending is to blame.
Economy
The Reserve Bank is tipped to lift the cash rate to an 18-year high and if some economists are to be believed, mortgage-holders face a lengthy wait for relief.
Economy
While the sharp downturn house pricing is sending ripples through the market – with more to come – a senior government minister says it’s a good thing.
Property
Peak body says restrictions on advertising a house price are negative and 'it is imperative for government to acknowledge that vendors are consumers too'.
Economy
New survey shows 'Australians see a range of factors influencing their ability to buy, from the type and location of housing available to the upfront costs of purchasing'.
Economy
CommBank economist says 'our data is showing households are cutting back, with more spending on fuel meaning less spending elsewhere'.
Economy
A looming cash rate rise and persistently lacklustre polls confront Labor leaders at home as the prime minister mixes with royalty overseas.
Economy
The Reserve Bank is widely tipped to lift interest rates for a second straight meeting on Melbourne Cup Day, further hitting Australia's falling housing market.
Economy
Liberal backbencher says 'economists are telling us next year is going to be worse than the past year. I think our focus needs to be on the future and that security'.
Economy
The share of homes selling under the hammer has plummeted to a post-pandemic low as would-be buyers brace for another interest rate rise.
Economy
New research shows more Australians are at risk of mortgage stress but if interest rates rise again, 'the level would be at its highest rate since June 2008'.
Property
Improvement is welcomed but 'the reality is that affordability remains under immense pressure because we still don't have enough homes to meet demand'.
Property
The nation's median dwelling value has fallen more than $63,000 in seven months as rate rises and the federal budget weigh on demand.
Economy
Corporate watchdog says 'superannuation is too important for there to be failures now, in terms of member services and complaints'.
Property
A challenge to make Australian homes greener has found smarter design, better materials and renovating rather than rebuilding can dramatically cut emissions.
Property
Peak bodies joins forces and say "we’re united on the need for long-term reform. Now we need the Commonwealth to lead with a plan that matches the scale of the challenge".
Economy
Almost one in three Victorian households are renting but barely any of the properties are being inspected to ensure they're complying with minimum standards.
Property
A research facility for plants that can deal with climate change is among the projects recognised at the 2026 national architecture awards.
Economy
There is a growing concern among conveyancer that next week’s tipped home loans interest rate increase will slow the market and push some firms to the brink.
Economy
The major banks have helped push the ASX higher, overpowering slumping miners and retail stocks weighed down by lower metal prices and soft updates.
Technology
Australians must help make crucial choices that will influence how AI shapes society, according to the nation's first high-level inquiry into the technology.
Compliance
An AML/CTF compliance expert warns tens of thousands of businesses remain outside Tranche 2 reforms as AUSTRAC escalates enforcement. Unenrolled conveyancers risk daily penalties, and liability sits with the principal.
Economy
In an uncertain real estate climate, potential homebuyers are cautious about committing to off-the-plan purchases. This creates a ripple effect across the industry.
Property
As prices rise for fuel, video games and just about everything else, the cost of buying a new home has remained flat.