Economy

For the second year in a row, an ACT suburb has been named Australia’s top building and population hotspot.

New research by Mortgage Choice reveals that fixed-rate home loan demand has fallen to its lowest level in more than two years.

Property prices continue to surge in Sydney while values have fallen in four of Australia’s capital cities.

Although sentiment towards Australia’s economic outlook has improved over recent weeks, it will be short lived, according to one economist.

Australia could build a record number of homes this financial year after setting its third monthly approvals record in five months.

Industry leaders have warned that the Reserve Bank’s decision to lower the official cash rate today will have serious ramifications for the housing market.

The Reserve Bank of Australia has announced the result of its monthly meeting following a period of intense market speculation.

The Reserve Bank of Australia has announced the result of its monthly meeting following a period of intense market speculation.

A major Australian lender has recorded a significant increase in its residential loan book run-off and below-system mortgage growth in its results for the first half of 2015.

Industry experts are divided on whether the Reserve Bank of Australia will move the cash rate to a new record low.