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Property
Auction clearance rates hit a hurdle
Economist says ‘rate increase likely contributed to the weaker result, as buyers faced reduced borrowing capacity’.
News
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Economy
Still plenty of headaches ahead for the Reserve Bank
Economic expert says ‘the broader background highlighted in the Governor’s statement is of demand outstripping supply’.
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Property
Regional and city housing closely connected
Senior economist says ‘when the closest capital has been strong, nearby regional markets have generally benefitted’.
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Property
Approvals high, housing completion rates much lower
Planning Institute says ‘we need a much greater focus on what is preventing homes moving through the pipeline’.
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Economy
Don’t expect government to give you a helping hand
Treasurer says ‘people understand that the mid-year update will necessarily be a pretty tight ship’.
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Property
Long way to go to address housing shortfall
Master Builders boss says ‘we’re going to fall about 260,000 homes short if we do not change policy settings’.
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Property
Home buyers are waiting to see where market lands: bank
The head of Australia’s largest customer-owned bank has noticed a slowdown in the housing market but says his institution is well-positioned to ride it out.
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Property
Grim times ahead for Australia’s housing construction
Peak housing body says ‘interest rates and tax increases set to reduce the number of new homes that would have been built’.
Property
Rate rise does little to release pressure on housing
Uplifts in cash rate ‘make new housing development less viable when Australia already has a significant shortage of housing’.
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Property
Limited housing supply points to ‘moderation in rent growth’
New CBA report says ‘there is an important distinction between stopping a shortage from getting worse and eliminating it’.
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Regulation
Parliamentary report is simply ‘spinning the wheel’
Inquiry urges recommitment to interoperability but industry says report ‘confirmed what was already widely known’.
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Economy
‘Contained’: home price plunge no big stability risk
Australia’s borrowers and lenders are resilient enough to navigate financial troubles ahead, the RBA believes, as it releases its stability temperature check.
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Economy
‘Like family’: regions get promise on bank branches
The nation’s biggest bank has renewed its commitment to maintain branches for regional Australians for at least another four years.
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Property
Energy policy gaps leave homes with higher bills
The size of your energy bill could depend on where you live as Australian states and territories take different approaches to electrification and efficiency.
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Economy
RBA blushes spared: inflation rise vindicates rate hike
A November rate rise is still on the cards for the Reserve Bank, even after a slightly softer-than-expected underlying inflation outcome in August.
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Property
Push to solve housing inequality sparks more division
As Australia falls further behind its housing supply targets, political parties continue to disagree over how to solve the nation’s housing crisis.
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Property
Home building approvals drop challenges national 2029 target
While there have been mixed results in terms of the number of home development approvals in August, the national data shows a drop.
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Economy
Headline inflation jumps back to four per cent
A spike in fuel prices has ended a five-month streak of slowing growth in consumer prices, adding to Reserve Bank concerns about inflation.
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Economy
Rates blame game: Property Council aims up on government
The RBA decision to raise the home loan cash rates has hit mortgage holders hard at a time when cost pressures are already bearing down on families. While the Federal Government points the finger at the Mid-East conflict, back home the blame is directed at public policy.
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Practice
What drove Khiem to conveyancing
Australian Conveyancer brought some of the sector’s most effective practitioners and form owners together to get an insight into the professional journeys. Here in a special series called DRIVE Khiem Lam shares his values and lessons in business.
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Economy
RBA to scrutinise unfortunate inflation data after hike
Reserve Bank governor Michele Bullock hopes four rate rises so far will be enough to bring down inflation, but only time will tell if more hikes will be needed.