RBA cuts rates to new record low to kickstart economy
The Reserve Bank of Australia has cut official interest rates to a new record low of 1.25 per cent, as it looks to turn around sluggish employment, wages and inflation. The
Treasurer backs banking regulator’s plan to scrap key home loan rule
Treasurer Josh Frydenberg has highlighted the "social responsibility" of banks to lend money as he backed a plan by the financial regulator that will lift the maximum amount of money
Australian house prices approaching the bottom, it looks shallow: Shane Oliver
EXPERT OBSERVER The negatives weighing on Australian residential property prices remain significant but the past few weeks have seen a number of developments that suggest that prices could bottom earlier and
Meriton apartment king Harry Triguboff to end discounts after Coalition’s re-election
Billionaire apartment developer Harry Triguboff could not hide his delight at the prospect of an interest rate cut in June and the re-elected Morrison Government's planned help for first home
‘Build to rent’ could be the missing piece in the affordable housing puzzle
Australia's state governments, as well as some ambitious local councils, community housing providers and forward-looking private developers, are finally taking note of the housing affordability crisis in our cities. One proposed
Mortgage delinquencies mount as more borrowers find their home is worth less than their loan
Buried deep in the ANZ's first-half results was a pretty disturbing story of just what is happening in the property market. Key points: ANZ says mortgage delinquencies are rising as households
Federal election 2019: What a Coalition win means for you, major policies explained
After a long and grinding election campaign, Scott Morrison claimed victory. Australians are set for three years of Liberal government. So what does this mean for you? Labor and the Coalition had
Election 2019: Coalition keeps power while Labor looks for a leader, live blog
The 2019 federal election has given the Coalition a third successive term and left Labor looking for a leader after Bill Shorten announced he would step down. Tanya Plibersek, Anthony Albanese
Purplebricks to exit Australia
Purplebricks has announced it will exit the Australian market. After creating a stir and much controversy since opening its doors in Australia, the fair fixed-fee network will wind up its business