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Economy
Real estate giants clash in court over marketing claims
Australia’s two largest online real estate listing platforms are facing off in court after accusing each other of making misleading claims.
Economy
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Economy
Banks give Aussie shares a bounce to end run of losses
Boosted by the banking sector, the Australian share market’s main index has overcome its morning losses to finish the day flat.
Economy
Subdivision reform could trigger backyard boom
Reforms to slash red tape and tackle the housing supply crisis in WA are being investigated, as the state government eyes similar changes across the country.
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Economy
Liberals aim to reverse fortunes in cross-country blitz
The opposition leader will use a five-week break in parliament sittings to try and catch up to One Nation in the polls through campaigning in marginal seats.
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Economy
Housing costs crisis needs ‘decades’ of falling prices
Recent falling house prices have barely eroded an affordability gap that has built up over years of rising values, as experts warn much more time is needed.
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Economy
Freefall: home prices notch biggest drop in years
Australia’s housing market is undergoing a broad-based downturn with interest rate rises and affordability pressures denting investor confidence.
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Economy
Aussies face ‘poverty premiums’ on insurance payments
At a time when households face higher insurance premiums across the board, the industry is being warned not to penalise customers paying monthly or quarterly.
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Economy
Economic reforms run the risk of ‘dampening productivity’
Housing body warns significant changes could ‘increase compliance burdens and constrain business investment’.
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Economy
‘We are the heartland’ but ‘we don’t need rebranding’
Libs need to ‘communicate more with the public about the fact that it’s only the Liberal Party that will look after Australian families’.
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Economy
Super funds must transfer rapid growth into sustainable retirement income
New report says ‘there is an urgent need for more sophisticated, retirement products that can balance income, flexibility and longevity’.
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Economy
Not an easy time to be running a business
ABS data shows ‘while the pressure from fuel prices had eased, there were more businesses that had noted higher costs’.
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Economy
Reserve Bank remains cautious over ‘domestic risks’
Board minutes reveal ‘threat of inflation would stick around as long as productivity growth remained persistently weak’.
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Economy
Not enough houses still the crux of the affordability problem
Government tax changes need to be reassessed as ‘people create demand for housing and investment creates supply’.
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Economy
Some cities up, some cities down but clearance rates still low
Auction volumes continued to drop, maintaining a trend of being consistently lower year on year.
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Economy
New polling shows support for One Nation is weakening
Labor minister says ‘we have seen a bit of a change in the public mood since Pauline Hanson’s press club speech’.
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Economy
Confusion still reigns over ‘widow’s tax’ changes
Treasurer says government will fix the tax but ‘we’ll make clear the way that we will fix it in the legislation that follows’.
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Economy
Housing must be pivotal in improving Australia’s productivity
Commission chair says she ‘recommends a target, in the manner of a fiscal target, to create accountability’.
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Economy
Treasurer has a ‘different view’ to criticism over tax moves
Form RBA governor says ‘it’s a mistake to extend the changes to capital gains tax to risk-bearing assets’.
Economy
Labor’s economic reforms affecting ‘standards of living’
Coalition blasts tax changes and says ‘economy is flatlining’, while One Nation believes ‘people have had a gutful’.
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Economy
‘Little choice but to tighten rates again’
More jobs combined with inflation rise bolster the case for Reserve Bank to lift the interest rates once more.
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Economy
‘Crossroads’: Teal MPs form new political party
Two independent federal politicians have joined forces to launch a new political party focused on countering “conflict and hate” and giving voters more choice.