:quality(80))
Economy
Housing slowdown sharper than Treasury forecast: CBA
Reserve Bank officials will respond to economic growth figures and a home price slowdown as they front a parliamentary hearing on Thursday.
News
:quality(80))
Economy
SA budget to be ‘sense of fiscal responsibility’
Treasurer is unlikely to offer any ‘goodies’ as his budget tries to contain any potential of a ‘debt spiral’
:quality(80))
Economy
‘Embracing faster’ housing ‘is not optional’
Tasmanian premier wants to fast-track legislation to ensure people ‘can access secure and affordable housing’.
:quality(80))
Economy
‘We need to do more’ to help people buy houses
Prime minister defends tax changes and says ‘in spite of all those housing programs, we still were not doing enough’.
:quality(80))
Economy
Household spending continues ‘theme of resilience’
Commonwealth Bank says there are ‘no clear signs of rapid deceleration’ in the spending habits of Australians.
:quality(80))
Economy
‘Worrying’ growth slowdown may worsen as RBA, war bite
Economy is ‘cooling but not in a way that suggests inflation will fall neatly back to target’.
:quality(80))
Economy
Economic pressures fail to slow home renovations
New research shows big surge in renovations despite the threat of global uncertainty on the supply of materials.
:quality(80))
Economy
New figures show ‘uncertainty’ with investment decisions
Property Council says softer dwelling approval numbers reflect a more cautious investment environment.
:quality(80))
Property
Selling time increases but so does price of property
Properties are taking much longer to sell in Perth but house prices continue to rise, reaching year-on-year highs.
:quality(80))
Property
Increased demand for townhouses in Victoria
Victorian Government’s plan has seen applications for townhouses grow by 50 per cent in a year.
:quality(80))
Economy
Slowing economic growth could help interest rates
Gross domestic growth data expected to show a slowdown which could keep interest rates stay steady.
:quality(80))
Economy
Businesses are still in the dark about the budget tax carve-outs
Business owners are still yet to find out what exemptions could apply to them in changes to capital gains tax.
:quality(80))
Economy
Do it all again: Conveyancers hit as banks reassess investor loans
Conveyancers continue to grapple with the fallout of the federal budget as its proposed tax changes prompt banks to reassess investor loans.
:quality(80))
Economy
Low-paid workers to receive 4.75 per cent wage rise
Millions of workers on industry awards will get a 4.75 per cent annual pay rise, but minimum wage earners will receive a larger boost of six per cent.
:quality(80))
Economy
Approvals drop as the Treasurer allays house price concerns
Dwelling approvals have fallen a further 3.4 per cent, as the treasurer tries to downplay the impact of tax changes on property prices.
:quality(80))
Economy
Price falls: Is this the end of homes super cycle?
Rising interest rates, poor affordability, budget tax changes and a political shift towards lower migration could spell the end of a 30-year housing upswing.
:quality(80))
Economy
‘Likely he’s lying’: treasurer points finger at rival
Future generations will be left with a “multibillion-dollar debt bomb” if the coalition repeals proposed tax changes, the treasurer warns.
:quality(80))
Economy
The decision is set to impact millions of workers’ wages
The industrial umpire will likely hand minimum and award workers a wage rise that sits between employer recommendations and more ambitious union calls.
:quality(80))
Economy
‘I will not be silent as we rebuild Liberals’
Tony Abbott has spoken out against other conservative parties, but his vocal nature could cause trouble for Opposition Leader Angus Taylor.
:quality(80))
Property
Borrowing capacity has taken a big hit due to interest rate rises
Analysis shows Sydney and Melbourne house prices may decline but borrowers have lost a big chunk of their budgets.
:quality(80))
Property
Labor says tax shift will not sink house prices
Housing minister says the government’s policy will ‘lift the number of homes being built by 420,000’.