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Property
Canberra home approvals low: ‘we have to do better’
Despite being one of the country’s fastest growing cities, Canberra to slow to move on new home approvals. It has prompted calls for processes to be streamlined.
Market
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Property
First-home scheme growing fast … but for how long?
A scheme to boost property market access for first-home buyers is showing early growth, but questions still linger over its long-term impact on home ownership.
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Property
Why new home build costs have gone through the roof
The price of raw materials such as timber and metal rocketed home construction costs in the September quarter. The Master Builders Association says new build costs have jumped 44 per cent in the past six years.
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Property
Home valuations oncover layers of gold in the West
Western Australia is now the ‘Golden West’. The state capital of Perth recorded the nation’s highest rise in home valuation in September, Cotality analysis has shown.
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Property
A big tick for NSW but homes target ‘still falling short’
Although 4800 home construction applications got the go-ahead in NSW during September, lobbyists say the national target to ease the home crisis is still a long way off.
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Property
Sticky inflation cruels chances of interest rate relief
Borrowers face the possibility of interest rates going up rather than down again after the Reserve Bank held steady following a spike in inflation.
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Property
The worrying trend that could put an end to rate cuts
The rising cost of new homes and services such as takeaway meals were key to the Reserve Bank’s inflation miss in September and could rule out future rate cuts.
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Property
Australian shares fall ahead of Reserve Bank rates talk
The recent downward trend continues for Australian shares as investors await hints from the Reserve Bank on the future path of interest rates.
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Property
Borrowers denied Cup Day rate cut in odds-on decision
The Reserve Bank of Australia has held mortgage rates steady after a surprise jump in inflation wiped out hopes of more rate cuts.
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Property
Apartment approvals lead the charge in homes spike
More than 17,000 dwellings were approved for constriction in September which is good news, but leaders say we are still off the required pace.
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Property
Sunshine savings: households offered free energy window
Consumers in some states will be able to use electricity without charge for three hours a day under a market offer designed to spread solar benefits.
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Property
Solutions in short supply as housing market heats up
Slashing the amount needed for a first home deposit might be doing more harm than good for young Australians hoping to get a foothold on the property ladder.
Property
Cup Day forecasts to bring intrigue, rate cut off cards
With inflation and unemployment rising, the Reserve Bank has no option but to hold rates and a return to hikes looks increasingly possible.
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Property
RBA to reveal interest rate call, economic forecasts
The Reserve Bank is widely expected to keep rates on hold after a spike in inflation, with the bank’s updated economic forecasts set to be closely scrutinised.
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Property
Home prices turbocharged as deposit guarantee kicks in
Home prices across the nation have increased at their fastest monthly rate in more than two years as demand continues to outstrip housing supply.
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Property
Lifetime impact of gender pay gap costs women millions
The financial cost of the gender pay gap accelerates across a woman’s lifetime and peaks in her late 50s, with an eye-watering amount of missed earnings.
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Property
Australians lose hope as nation lags on housing targets
Australians aren’t confident the housing crisis will be solved and not one state is on track to reach its homes target over the next five years, research shows.
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Property
Shot to rate cut hopes as coffee leads inflation rise
A stronger-than-expected inflation reading has stunned analysts and dashed any hopes of a Melbourne Cup interest rate cut.
Property
Hot inflation dashes hope of Melbourne Cup rate cut
The latest inflation figures are lengthening the odds of a cut in interest rates anytime soon.
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Property
Auditor to probe social housing fund’s value for money
The nation’s auditor will investigate whether a massive housing fund set up in 2023 was designed correctly and is delivering value for money.
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Property
Unbridled inflation an each-way bet on Cup Day rate cut
Melbourne Cup day may not prove a winner for borrowers if inflation remains sticky in data released the week before, splitting predictions on interest rates.