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Economy
Banks revise their thinking and now predict a rate rise
Soft consumer price index numbers will do little to assuage the RBA’s mood in lifting the interest rate at its next meeting.
News
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Property
Spring housing market is looking a bit gloomy
Economic uncertainty has produced a buyers’ market able to take advantage of deals not seen for a long time.
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Property
Homes cannot be built without skilled workers
Peak body says ‘if we are serious about housing affordability, the first thing we need to talk about is workforce’.
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Economy
Inflation drops … but not as much as forecast
A decline in electricity prices helped inflation fall but housing still the major contributor as builders pass on higher costs.
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Property
All things housing central to meeting of industry leaders
Gathering will provide an important opportunity to explore practical solutions that can accelerate housing delivery.
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Property
Developer collapse sparks buyer fears
Bathla Group describes the process as an “orderly restructure”, adding first thoughts are with employees and customers.
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Property
Younger generation struggling with ‘inequality’
Anglicare boss highlights ‘system that says a young person needs less money to live on simply because of their age’.
Economy
Chance of interest rate hike this year still a possibility
RBA minutes show ‘it was quite possible the upside risks to the inflation forecast would crystallise, requiring some further tightening’.
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Property
Funding for affordable housing gets tick of approval
Urban Taskforce says, ‘at a time where sales are softening, this is an important boost to the housing sector’.
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Property
‘Perfect storm’ of events hits building group hard
Voluntary administration next step in ‘orderly restructure of business’ as Bathla navigates future for customers and employees.
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Economy
Data centres fine but just not in your neighbourhood
Anthony Albanese says building data centres ‘means ensuring energy bills do not rise and locations are appropriate’.
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Property
Sydney stands out despite others falling
Preliminary auction clearance rates nationally failed to hit positive territory week on week, except for Sydney.
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Property
Injection of funds will help boost housing supply
Experts say modular homes can ‘speed up construction times by 50 per cent and slash the cost of building by 20 per cent’.
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Property
More consultation needed over tax changes
Property Council urges two-year review on effect of tax moves as Australia ‘already miles behind on housing supply’.
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Property
Regional Victoria must be front and centre for housing policy
Peak advocacy group says ‘regional housing cannot be an afterthought in Victoria’s housing agenda’.
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Economy
Middle East conflict could still impact our inflation rate
Economist warns ‘fuel prices are set for a larger monthly increase, which should support a re-acceleration in headline inflation’.
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Property
Housing target becoming an impossible dream
Data shows national number will be achieved by at least 18 months after mid-2029 deadline.
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Regulation
Case alleging consumer law breaches has been dropped
Agency Settlements abandons case against Jared Zak, who said it was a ‘pretty wild and ambitious claim to start with’.
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Property
Selling a new home is not getting any easier
Third straight decline in national sales figure as buyers remain cautious in difficult economic environment.
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Property
Foreign ownership ban hurting housing investment
Commercial building approvals grew but foreign ownership approvals of residential homes has dropped significantly.
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Property
Questions arise as to what is an affordable home
Independent MP says ‘we don’t have a single definition of affordable housing, which is a headwind to so many things’.