The worst is over? Home price downturn continues to slow
While Australia’s property downturn spread to other parts of the nation over April, the national rate of decline eased, with the median dwelling value recording the smallest monthly fall since September last year.
May 01, 2019
Annual housing credit growth sinks to another record low
For the first time since records began in 1977, annual housing credit growth in Australia has slumped below 4%.
April 30, 2019
Australians hit by nearly $500 million in scams in 2018
New figures have revealed scammers ripped off Australians by over $489 million last year, with investment fraud and romance scams hitting hardest.
April 29, 2019
439,000 Aussies intend to retire in 12 months, despite meagre savings
The number of Australians planning to retire in the next 12 months has risen, with many set to rely on government benefits, according to research.
April 26, 2019
Quarterly inflation hits zero, May RBA rate cut looks more likely
Australia’s latest set of inflation figures have underwhelmed economists, sparking fierce calls for the nation’s central bank to cut interest rates as soon as next month.
April 24, 2019
RBA rate cuts ‘may have to wait’: March employment data smashes expectations
Despite Australia’s unemployment rate rising 0.1% points to 5%, employment growth in March was relatively strong, surprising many economists.
April 18, 2019
Australia’s top 20 residential building hotspots revealed
A new report has identified Australia’s top 20 strongest growth markets for home building in 2019, with Melbourne suburbs dominating the list.
April 17, 2019
RBA: Cash rate cut ‘appropriate’ if unemployment rises amid stagnant inflation
Members of Australia’s Reserve Bank Board are strongly considering the prospect of cutting the cash rate should Australia’s economy experience rising unemployment in the absence of rising inflation.
April 16, 2019
86 400 ‘one step closer’ to launching its first home loan
Would-be bank 86 400 is readying the launch of its home loan offering after securing national distribution with a major mortgage broker network.
April 15, 2019
Only 15% of consumers think the Federal Budget will improve their finances
Despite promising significant tax cuts, most consumers don’t expect the Australian Government’s 2019 Federal Budget to have a positive effect on their finances over the next 12 months, according to a survey.
April 10, 2019
