Economy

The Reserve Bank of Australia has shocked the market in delivering the decision of its monthly board meeting.

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

The Reserve Bank of Australia is likely to keep 'the official cost of borrowing' on hold at 1.5 per cent at its monthly board meeting today, a mortgage comparison site has predicted.

Total new home sales mounted a partial recovery in August after a “rather hefty” fall in July, a new survey has found.

A 25 per cent drop in Sydney house prices is required to bring the deposit as a share of annual income back to the 20-year average and allow first home buyers to enter the market, a chief ...

An increase in house value is associated with an increase in household debt among property owners, “exposing homeowners to economic shocks”, new research has found.

The non-residential side of the construction industry has been not “so cheery”, despite record levels of residential construction, but there are signs that levels could soon pick up, a ...

Almost 40 per cent of first home buyers who purchased within the last two years have admitted they “couldn’t buy where they wanted”, a survey has found.

The proportion of national dwelling loss-making resales has increased over the quarter, despite that fact that “9 out of 10 homes resold for more than their previous purchase price”, a ...