Australia's jobless rate rose from 4.1 per cent to 4.3 per cent in June, in a surprise outcome driven by a 34,000 increase in the number of unemployed people.
The 47,645 new dwelling commencement figure revealed by the Australian Bureau of Statistics is behind the 60,000 that is needed per quarter.
From households fitted with solar panels to electric car drivers and business operators, a new research centre aims to model nationwide trends in energy use.
Pre-approved house plans could be ready for construction in 10 days, in what NSW government hopes will ignite sluggish planning system.
But the two cuts that have taken the cash rate to 3.85 per cent have helped cement a level of confidence in the building and construction sector.
Forecasts predicting a shortfall in the Housing Accord target reflect broader issues - from workforce shortages to planning red tape and infrastructure gaps.
Australia is facing a 285,000-home shortfall on the National Accord’s target of building 1.2 million homes by 2029.
Leaked advice on the government's new home target has failed to ruffle the treasurer, who says having an ambitious goal is better than building too few homes.
Businesses and mortgage-holders banking on a cut to interest rates will have to wait more than a month before the next opportunity for financial stimulus.
REINSW board member Jo Natoli fears tenant reforms could lead to thousands of properties taken off the market.
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