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.
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.