House prices in Sydney, Melbourne and Perth are set to continue falling steeply across 2019 before a possible recovery in 2020, according to Moody’s Analytics
The value of new lending commitments to households was up by 2.6% in February in seasonally adjusted figures, data from the Australian Bureau of Statistics (ABS) shows.
A new report has called for the associated costs of buying a home to be tax deductible for key workers such as teachers, nurses and paramedics in Sydney and Melbourne.
Despite interest rates being at record lows, the number of Australian households suffering mortgage stress continues to rise, new figures from Digital Finance Analytics reveals.
A new survey has revealed 52% of Australian voters believe housing rents will rise if the Labor Party’s proposed changes to negative gearing and capital gains tax are legislated.
To no surprise, Australia’s central bank has held the cash rate unchanged for the 29th meeting in a row at 1.50%, leaving no clues as to whether this stance will change in the near future.