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Market
Regional lender plots home-loan return
Bank of Queensland is stepping back into the mortgage market with aggressively priced owner-occupier home loans originated by its digital-only brands.
Market
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Economy
Jump in jobless takes heat out of rate-rise pressure
Australia’s unemployment rate edged up to 4.7 per cent in September, above market expectations, as almost 40,000 jobs fell out of the economy.
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Economy
Mortgage demand slump deepens despite price drop
The housing sector continues to show signs of strain as mortgage demand and new home loan applications plummet, new data shows.
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Market
Regional home prices are holding up
As gloom envelops the property market, homeowners outside of the major cities have at least seen values rise over the past 12 months.
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Economy
Misery on the march as jobs market slowly unwinds
Unemployment is expected to hold around the highest level in five years as stubborn cost-of-living measures force more Australians to find extra work.
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Economy
‘Heart is multicultural’: PM lays out migration support
Prime Minister Anthony Albanese has made a veiled swipe at Pauline Hanson’s migration stance as he touts the benefits of multiculturalism in a major speech.
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Market
Bottom of house-price slide, rent peak ‘fair way off’
Renters and homeowners are likely to be in pain for some time yet as a fight picks up over whether tenants should be protected by caps.
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Market
No increase in Perth investor activity
Advocacy group says ‘to improve affordability, we need to give tenants more choice, which means we need more supply’.
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Economy
Construction costs ‘main barrier’ to increasing house supply
Latest economic survey says ‘property professionals have lowered their expectations for house prices’.
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Market
Fear and panic gripping house sales and auctions
Expert says buyers ‘worry they’ve paid too much or that the market will drop further, and they pull the pin’.
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Economy
Trust tax set for inquiry as businesses question costs
The Greens are set to kick Labor’s proposed 30 per cent minimum trust tax to an inquiry, giving businesses more chance to protest the proposed changes.
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Market
Warning house prices will keep sliding for another year
The property market will likely keep slumping for almost a year but there could be a dim light at the end of the tunnel.
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Economy
More rate hikes loom as inflation tops rich nation list
Australia’s inflation rate is forecast to remain above the Reserve Bank’s target range amid rising oil, tech and agricultural prices.
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Economy
Living costs bite into rental market
National rental growth slowed to 0.5 per cent in the September quarter, an industry review has revealed. Vacancies were up as cost-of-living continues to cut deep.
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Economy
Tax changes ‘crack the nut’ on housing affordability
Property investors and real estate agents are reeling as Australia’s housing downturn deepens, but for young Australians the positives are growing.
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Market
Low numbers show ‘quieter start’ to spring
Property data experts say ‘challenging selling conditions have weighed on vendor activity this spring’.
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Market
Regional Victoria bucking the trend with house prices
Real estate expert says ‘it’s vital Victoria has policy settings that encourage participants to buy, sell and invest with confidence’.
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Market
Think tank says tax changes ‘tackling heart of the issue’
Economist says ‘house prices should no longer grow at a much faster rate than incomes over the long term’.
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Market
Housing market whacked by trifecta of negative results
Economist says ‘established prices are falling, rents are still rising, new housing is becoming more expensive and approvals remain below the level Australia needs’.
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Market
Vacancy rates are up as rental growth goes down
Data expert says ‘rental demand is restructuring as people form larger households or stay in the family home for longer’.
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Market
Why Canberra needs more private investors
REI ACT boss Maria Edwards says ‘we need policy that supports buyers and renters, rather than improving one side of the equation at the expense of the other’. Here she explains what needs to be done in the nation’s capital.