Economy
More pain brews for borrowers as rates hit 15-year high
The Reserve Bank’s decision to lift the cash rate to 4.6 per cent was unanimous, but economists are divided on whether borrowers can expect more hikes.
Economy
The Reserve Bank’s decision to lift the cash rate to 4.6 per cent was unanimous, but economists are divided on whether borrowers can expect more hikes.
Economy
Labor and the coalition are duelling over why Australians now must fork out more on their mortgages every month.
Property
Years of construction backlogs have forced councils to seek modular alternatives to house the next generation of regional workers.
Economy
While not yet in uncharted territory, Australia’s housing market is in for a hiding from higher interest rates, lower borrowing capacity and tax changes.
Economy
Interest rates were raised to a nearly 15-year high by the Reserve Bank, spelling more pain for mortgage holders.
Economy
The Reserve Bank has lifted interest rates for a fourth time in 2026, inflicting more financial pain on mortgage holders.
Economy
Families are forgoing spending on items such as health, food and entertainment just to keep the car on the road an Australian Bureau of Statistics report has shown.
Economy
As home sales tighten under the weight of mortgage rate increases and cost-of-living pressures, most Aussies are opting for bricks and mortar over the little pleasures in life.
Property
As 29 Tasmanian councils heading to the polls, candidates have been implored to commit to development planning reform, as voters asked to back it in.
Economy
A generation of mortgage holders is set to see borrowing costs hit a new high if the Reserve Bank hikes interest rates as expected.
Economy
Australia’s deficit for the past financial year is smaller than expected, but rising borrowing costs mean the fiscal outlook is still gloomy.
Economy
Borrowing money is getting more expensive, but AI “hyper-scalers” competing for your cash are not necessarily to blame, according to economists.
Property
Such is the state of the property market in the West; it is now cheaper to rent than to shell out for a home mortgage Perth. This is the case with all suburbs, an analysis has shown.
Economy
The budget is $6 billion stronger than the government forecast in May, as mortgage holders brace for a big call from the Reserve Bank.
Economy
Australia’s deficit for the past financial year will be smaller than expected, but rising interest rates and stubborn inflation give little cause to celebrate.
Economy
Australia’s deficit for the past financial year will be smaller than expected, but rising interest rates and stubborn inflation give little cause to celebrate.
Economy
Australian mortgage holders can expect more borrowing pain when the Reserve Bank board meets, with an interest rate hike almost universally anticipated.
Economy
Treasury’s productivity assumption has been described as “unrealistically optimistic”, but the Reserve Bank’s might be too downbeat, an economist says.
Economy
Three-quarters of Australians are willing to cut back on their discretionary spending to afford a home, new data reveals, but there is a catch.
Property
Scores of construction workers have been laid off after administrators of a major property developer announced rescue funding talks had failed.
Economy
How the cost of living and policy has impacted Australians has been laid bare in the latest update of the nation’s longest running and broadest reaching survey.