‘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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Australia’s borrowers and lenders are resilient enough to navigate financial troubles ahead, the RBA believes, as it releases its stability temperature check.
Labor and the coalition are duelling over why Australians now must fork out more on their mortgages every month.
The Federal Government’s projections for life in the next 40 years revealed in a report this week, are ambitious as they miss critical factors, says the Property industry peak body.
Local councils have called for state and federal governments to crack down on data centre developments, as potential residential land is snapped up.
Economists have panned Treasury’s heroic productivity assumption, which underpins forecasts of rising living standards and economic growth.
Government says AI will help grow productivity but economists warn it is unlikely to fix housing issues.
Peak housing body delivers concerns of the nation’s residential builders to key opposition figures.
The Reserve Bank should “stand ready” to raise interest rates again, as the Middle East war and poor productivity growth make it harder to get inflation down.
Australia’s economy was in a strong position before poor productivity and war in the Middle East helped push inflation into the red zone, the IMF says.
The only effective way to regulate artificial intelligence is through an international agreement, but the window where it is possible is closing, experts say.
AIC NSW appointed a new CEO in August with a clear agenda to guide the sector through an interesting era of change. But before Jonathan Smithers adopts new policies, he’s taking the time to listen to constituents to ensure practitioners’’ concerns are heard and needs are met.
AUSTRAC begins AML/CTF crackdown but AIC boss asks to ‘keep the approach practical and reasonable’.