Economy

Sydney median house price $170,000 below peak
1 May 2019
Sydney house

The median house price in Sydney has taken a steep 14.3 per cent dive in the March quarter compared to the mid-2017 peak, new data shows.

Looming RBA cut won’t be saving grace
30 April 2019
RBA

A long-awaited monetary policy adjustment from the central bank may not be as “effective” as desired, according to one senior economist.

Housing system is ‘monumentally messed up’, warns political party
30 April 2019
Apartment building

Urgent calls for government to provide more affordable housing have been issued after a new report found that just two rental listings in the whole of Australia were suitable for single ...

Regional markets hold firm as bittersweet price slump continues
29 April 2019
Suburbs

National dwelling values have now suffered a peak-to-trough fall of over 7 per cent, with sharp declines across the country’s capital partly offset by resilient regional markets. 

Housing industry ‘more vulnerable to skill shortages’
29 April 2019
House

The Australian housing industry is “more vulnerable to skill shortages” than many others, and the proposed changes to the 457 skilled working visa won’t help this issue, according to the HIA

ACCC clamping down on cartel conduct
29 April 2019
ACCC

Cartel enforcement in Australia was impacted by “several notable events” in 2018, which in turn has highlighted the work being done by the ACCC to combat cartel conduct domestically, a new ...

‘Imminent’ RBA cut to ‘validate’ low-rate environment
26 April 2019
RBA

The recent wave of out-of-cycle mortgage rate reductions is expected to be entrenched by a cut to the official cash rate, which some analysts predict could come as early as next month.

Fixed mortgage rate cuts continue
26 April 2019
ING Building

ING has repriced its fixed home loan products, cutting rates by up to 19 basis points.

Flat CPI stokes expectations of cash rate cut
26 April 2019
RBA

Stagnant inflation growth reported by the ABS has fuelled speculation of looming monetary policy adjustment from the RBA.

APRA authorises new bank
24 April 2019
Judo’s co-CEO Joseph Healy

Another challenger bank has been granted a banking licence by the prudential regulator.