RBA rate hold will not spur housing market
The Reserve Bank of Australia’s decision to keep the cash rate at 4.35 per cent for the sixth consecutive meeting will not have a dramatic impact on the housing market, experts say.
The Reserve Bank of Australia’s decision to keep the cash rate at 4.35 per cent for the sixth consecutive meeting will not have a dramatic impact on the housing market, experts say.
Incentives to build more rental properties in the midst of a housing crisis may not improve the landscape unless protections are built in, experts warn.
In the midst of the housing and rental crisis, laws are being introduced to slow the frequency of rental increase imposed by landlords.
Australia’s competition watchdog will not get directly involved in a stalemate that threatens to delay opening up the eConveyancing platform to competitors, as it’s not the relevant regulator.
The Federal Assistant Minister for Competition wants states to impose deadlines and penalties to ensure the reform of the lucrative electronic conveyancing industry stays on track. The call comes after the interoperability regulator stopped its decade-long work on the change that would dismantle the monopoly help by the publicly-listed PEXA.
Leaders Eva Lawlor and Lia Finocchiaro have gone head-to-head in a civil debate as the NT government prepares to enter election caretaker mode.
Victorian Liberal leader John Pesutto has used a speech to party faithful to pitch a crackdown on cultural heritage process delays to speed up housing builds.
After electronic conveyancing regulator ARNECC paused its decade-long work to facilitate interoperability in the industry and break a property settlement monopoly, two states bodies have vowed to push ahead with the reform.
The Australian president of CrowdStrike has apologised for the cybersecurity company's role in causing an outage that crippled global IT systems. Friday's outage, which hit an estimated 8.5 million Windows devices worldwide, was caused by a logic flaw in a software update sent by cybersecurity provider CrowdStrike to its customers, the company's Australian president Michael Sentonas told Sky News.
As technology evolves, so do criminals, and the government must update its infrastructure and standards to keep Australians safe, an expert has urged.