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Economy
‘Confronting’ climate risk report goes under microscope
The prime minister describes a climate risk report as a wake-up call, as one coalition frontbencher threatens to quit or be dumped over greenhouse gas targets.
Economy
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Economy
NZ offers blueprint for home-building productivity fix
Australia should follow New Zealand in reforming zoning rules to boost limp construction productivity and expand housing supply, leading economists say.
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Economy
Jobs data in focus as economic outlook brightens
Workers are taking home a larger slice of the economic pie as a result of Australia’s historically tight labour market.
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Economy
Cash rate cuts vital for economy in 2026, says leading forecaster
Cost of living crisis easing but more Reserve Bank rate cuts are needed for growth and jobs prospects in 2026, according to leading economist.
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Economy
Auctions booming as tide of confidence rises
Rate-cut fueled optimism, and the prospect of first home buyer incentives, are driving demand across Australia.
Economy
Property market rises to 239,044 listings in August
But annually there has been a decline of 4.2 per cent, suggesting sellers and buyers alike are hesitant about proceeding, SQM Research’s Louis Christopher says.
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Economy
Rate cuts and short supply ignite housing market boom
With listings 20 per cent below average and values climbing, Cotality’s Tim Lawless is one of the experts who says the supply-demand imbalance could push annual growth into double digits.
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Economy
Inflation jump a threat to Reserve Bank cash rate cuts
Economists suggest unexpected rise in CPI will mean a September rate cut is unlikely – but expect the RBA will trim in November.
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Economy
Auctions surge before spring selling season on back of rates cuts
Research shows 2,127 capital homes scheduled for auction this week – marking the first time auction volumes have risen above 2,000 since late-June.
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Economy
Red tape ‘win-wins’ at Productivity Roundtable summit
Broad support for Clare O’Neil’s suggestions around reforming the National Construction Code.
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Economy
Consumer survey shows signs of optimism after rate cuts
But the nation has been down in the dumps for the second longest period since the respected Melbourne Institute Consumer Sentiment Index began its survey 50 years ago.
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Economy
Red tape ‘hairballs’ to be coughed up onto roundtable
Australia must cut unnecessary red tape and boost business investment if young people are to be better off than their parents, the productivity tsar says.
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Economy
Jobless fall gives RBA room before next rate cut
The unemployment rate slid to 4.2 per cent in July, partly because of an unwinding from an earlier, outsized jump, the Australian Bureau of Statistics reports.
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Economy
Housing market will see a 10 per cent rise in prices by end of 2026
Banking and real estate analysts are forecasting a double digit lift in property prices over the next 18 months.
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Economy
Investors return to the property market, new lending figures show
The 3.5 per cent quarterly growth in the number of investment loans follows two consecutive falls.
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Economy
Hopes RBA won’t repeat shock rates hold as board meets
The “Trumpification” of the US Federal Reserve provides an unsettling backdrop to the Reserve Bank’s August meeting, where it is expected to cut interest rates.
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Economy
Mortgage holders ready for relief after past rates blow
The Reserve Bank of Australia board is expected to deliver mortgage holders more hip-pocket relief in its upcoming interest rates decision.
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Economy
Property market in a winter and rates holding pattern
Buyers and sellers waiting for the Reserve Bank’s next move and the traditional boomtime that is the spring selling season.
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Economy
New home sales strongest in three years
The Housing Industry Association (HIA) latest report will be good news for government hoping to see the Housing Accord back on track.
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Economy
Busiest property market for four years
FOMO back in the market with super competitive auctions making it feel like 2021 when rates were very low.
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Economy
Were the RBA dissenters right to argue for a July cut?
Meeting minutes have shed new light on the Reserve Bank’s decision to hold rates steady in July, with Australia’s low unemployment rate a concern for the board.