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Mortgage stress showing ‘worrying parallels’ to GFC
A market analyst has emphasised that the drivers of rising mortgage stress could be creating a “perfect storm” for many households, and may be exhibiting “similar seeds” ...
ECONOMY • Tue, 02 May 2017
RBA makes cash rate call - May 2017
The Reserve Bank of Australia has announced the decision of today’s monthly board meeting.
Conditions slow in nation’s hottest housing markets
April figures from CoreLogic show a slowdown in housing market conditions in Sydney and Melbourne, with capital city dwelling values recording their lowest month-on-month ...
ECONOMY • Mon, 01 May 2017
Bowen sounds alarm on ‘investor-led property boom’
Australia's housing situation is headed in a dangerous direction, warns the shadow treasurer, who has blamed highly leveraged property investors for the nation's ...
PROPERTY • Thu, 27 Apr 2017
Short supply drives hike in land prices
The volume of residential lot transactions dropped “sharply” during the December quarter, which according to the Housing Industry Association has placed upward pressure ...
ECONOMY • Thu, 27 Apr 2017
Housing market peaked but not set to ‘crash’
While housing activity is likely to “correct sharply” and prices will cool, the market is not heading for a ‘crash’, says an investment bank.
ECONOMY • Wed, 26 Apr 2017
Regional Australia records ‘significant’ house price growth
Fresh figures from Domain have revealed more Australian property buyers are looking towards regional areas, which have seen strong annual house price growth of up to 19 ...
INNOVATION • Wed, 26 Apr 2017
Inflation reaches highest rate since 2014
The latest upward move in the country’s CPI data has brought it to above 2 per cent year-on-year, which a senior economist says will “certainly be welcomed” by the RBA ...
Funding pressures not to blame for rate hikes, says RBA
Banks’ ratcheting up of interest rates is not due to funding costs as they claim, the RBA has underscored at its latest monetary policy meeting.
ECONOMY • Tue, 25 Apr 2017