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Economy
‘Self-fulfilling’ inflation expectations risk recession
Australia could face a recession if businesses fail to keep their inflation expectations anchored, the central bank has warned.
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Economy
Land levy plan to fund emergency services
A bid to overhaul emergency services funding could result in property owners paying hundreds of dollars for a land tax in one state.
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Economy
Bush exodus: search for affordable homes
Australians are leaving the cities for inland areas as growing house prices shift migration patterns, bringing positive and negative flow-on effects.
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Market
Rental changes end ‘impossible choice’ for DV survivors
Improved rental protections for survivors of domestic violence will offer them a safer pathway out of abuse.
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Market
Infrastructure ‘key’ offers to unlock regional housing
Funding support for crucial roads, paths and drains could pave the way for more homes as the regions buckle under the weight of the housing crisis.
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Economy
Surprise jump as unemployment rate rises in June
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.
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Market
Home truths on housing target in leaked Treasury advice
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.
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Economy
Slow rate of cuts puts squeeze on business, households
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.
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Market
Doubling housing supply incentive could help renters
Australia is expected to fall hundreds of thousands of homes short of its housing target but reforms could bring it back up to speed and help renters.
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Economy
Hazy outlook fuels Reserve Bank caution on disinflation
Caution urged over future cash rate changes as uncertainty looms large over global policy, the impacts of rate decisions and the labour market.
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Economy
Interest rate cut may trigger early election
While an election isn’t due to be held until May 17 at the latest, the interest rate cut could see voters heading to the polls sooner rather than later.
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Regulation
Retiring renters face homelessness as ownership falls
As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.
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Market
Record number of scams reported to financial watchdog
Complaints about scams and financial hardship have grown by 81 per cent over the past year, according to AFCA.
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Market
“Middle way” to solving housing crisis
Modest adjustments to property investors’ tax concessions will save billions in the federal budget and help fund housing supply, independent senator David Pocock claims.
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Market
Build-to-rent incentives ‘may open door for predators’
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.
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Technology
Australia warned to wise up as cyber attacks continue
As technology evolves, so do criminals, and the government must update its infrastructure and standards to keep Australians safe, an expert has urged.