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New housing fund spearheads "ambitious" affordable housing drive
New housing legislation has been introduced to Parliament to deliver the "single biggest investment" in affordable and social housing in a decade.
PROPERTY • Thu, 09 Feb 2023
Housing policy needs ‘intergenerational lens’: CEDA
The ‘bank of Mum and Dad’ is still crucial to bridging home owner wealth gaps, a professor has explained.
Big banks move on upped 3.35% cash rate
The central bank’s February 25-bp cash rate hike has started flowing through to the first major banks.
ECONOMY • Wed, 08 Feb 2023
Mortgagors’ confidence ‘convincingly reversed’: Economist
Consumer confidence is down across a range of areas, latest ANZ-Roy Morgan data has revealed.
ECONOMY • Tue, 07 Feb 2023
Affordable housing plan on track for ‘Mullum’ rail corridor
Negotiations are advancing to address Mullumbimby’s housing shortage, the NSW state government has announced.
PROPERTY • Mon, 06 Feb 2023
February cash rate hike continues mortgage pain
Australia’s central bank has confirmed a cash rate hike to start 2023, as sundry economists had expected.
Charities bracing for influx as mortgage cliff nears
More people are “living in cars” as higher rents and the fixed-mortgage ‘cliff’ approaches, charities have told a Senate hearing.
PROPERTY • Sun, 05 Feb 2023
Economists unanimous on February cash rate hike
Only the brave would back a February rate pause, with the major banks all expecting the central bank to hike by at least a 25-bp jump this month.
ECONOMY • Sun, 05 Feb 2023
Australian economy on ‘narrow path to a soft landing’: IMF
A “strong cyclical position” bodes well for Australia, but tightening is still needed, major UN agency the IMF, has assessed.
ECONOMY • Thu, 02 Feb 2023
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