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Economy

25 January 2018

An industry body has urged the Berejiklian government to “embrace progress” and advance its policy agenda to boost housing affordability.

24 January 2018

Australia has no affordable housing markets, and Sydney is the second least affordable housing market in the world, a new report analysing 293 housing markets has found.

23 January 2018

A major real estate group is confident that the next five years will see Millennials eclipsing the real estate spending power of Baby Boomers, with 66.1 per cent of those born between 1982 ...

23 January 2018

According to new data, overall credit card debt has fallen for only the third time in Australian history.

23 January 2018

A senior economist has called for state governments to remove “inefficient” stamp duty taxes in order to ease housing affordability issues.

23 January 2018

Residential vacancy rates in Sydney have remained stable despite fears of a downturn in the NSW capital’s housing market.

22 January 2018

The construction of residential properties in the latter half of 2017 defied expectations of softening activity, with the Housing Institute of Australia predicting that the best is yet to ...

19 January 2018

The latest independent governance expert’s report on the Australian banking industry’s package of reforms has confirmed that the industry has begun to implement initiatives to address ...

19 January 2018

HSBC Australia chief economist Paul Bloxham has said that a wave of global growth is gaining momentum and should support Australia’s economy in a number of ways.

19 January 2018

Mortgage professionals are blaming tighter credit and increased stamp duty for the significant slowdown in residential property demand among Chinese buyers.