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Home buyers are waiting to see where market lands: bank
8 October
Home buyers are holding off to see where the falling Australian housing market lands as high interest rates, stubborn living costs and federal tax changes weigh on valuations.After a strong financial year of loan growth at People First Bank –...[Read More]
Housing update to show target slipping further away
7 October
Australia is set to fall further behind on its bid to build 1.2 million new homes in five years.Less than two years in, the nation is already more than 100,000 homes short of schedule.The deficit is unlikely to be narrowed when the Australian Bureau...[Read More]
Aussies forgoing lifestyle for homes in record numbers
1 October
Australians are willing to cut back their spending in record numbers to afford a property, affirming the ongoing value of home ownership, new data shows.More than 75 per cent of residents were willing to cut their spending back to afford a home, a...[Read More]
Soft landing botched: IMF backs more rate rises
23 September
A global financial body has given the Reserve Bank the green light to hike interest rates and urged Treasurer Jim Chalmers to be bolder on tax reform.With a break-out in price growth hitting Australians’ living standards, returning inflation to...[Read More]
‘Doing what we want’: Labor stands by housing tax moves
17 September
Changes to property tax breaks in the federal budget are working, the housing minister says, as data shows most home vendors are still making massive profits despite a downturn. Clare O’Neil brushed off figures from the Housing Industry...[Read More]
Australians are ‘furious’ about inflation: RBA deputy
10 September
Australians are “furious” about inflation and it will take the nation years to fully get on top on higher post-pandemic living costs, the Reserve Bank’s deputy governor says. Ahead of the central bank’s meeting later this month on interest...[Read More]