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News
Chance of interest rate hike this year still a possibility
1+ day, 9+ hour ago (465+ words) RBA minutes show 'it was quite possible the upside risks to the inflation forecast would crystallise, requiring some further tightening'. MEMBERS of the Reserve Bank’s rate-setting board considered hiking interest rates to pre-emptively ward off against a rise in inflation…...
'Perfect storm' of events hits building group hard
1+ day, 12+ hour ago (270+ words) Voluntary administration next step in 'orderly restructure of business' as Bathla navigates future for customers and employees. EMBATTLED home builder Bathla Group has been placed into voluntary administration, leaving customers in limbo in what it says is a “perfect storm…...
Younger generation struggling with 'inequality"
1+ day, 9+ hour ago (339+ words) Anglicare boss highlights 'system that says a young person needs less money to live on simply because of their age'. MORE young people are abandoning hopes of home ownership amid increasing generational inequality. Anglicare’s Falling Behind report found home ownership…...
Data centres fine but just not in your neighbourhood
1+ day, 10+ hour ago (549+ words) Anthony Albanese says building data centres 'means ensuring energy bills do not rise and locations are appropriate'. DEVELOPERS will be blocked from building data centres near homes, schools or prime agricultural land as part of a national agreement with the…...
More consultation needed over tax changes
2+ day, 12+ hour ago (330+ words) Property Council urges two-year review on effect of tax moves as Australia 'already miles behind on housing supply'. A LEADING housing advocacy group says the Federal Government’s tax changes are “pointing us in the wrong direction on supply”. The Property…...
Middle East conflict could still impact our inflation rate
2+ day, 12+ hour ago (522+ words) Economist warns 'fuel prices are set for a larger monthly increase, which should support a re-acceleration in headline inflation'. A CRUCIAL inflation reading will be the focus of a big week in economics that could rule out, or keep alive,…...
Regional Victoria must be front and centre for housing policy
2+ day, 11+ hour ago (493+ words) Peak advocacy group says 'regional housing cannot be an afterthought in Victoria's housing agenda'. INCREASED and committed funding in Victoria’s regions will be the key theme of an important roundtable to be held in Ballarat on Tuesday. The Housing Industry…...
Questions arise as to what is an affordable home
5+ day, 10+ hour ago (471+ words) Calls are growing for the government to address an issue plaguing its housing agenda: many affordable homes are not actually affordable. The Housing Australia Future Fund (HAFF), the $10 billion centrepiece of Labor’s efforts to fix the housing crisis, is designed…...
Selling a new home is not getting any easier
5+ day, 9+ hour ago (456+ words) Third straight decline in national sales figure as buyers remain cautious in difficult economic environment. BUYER confidence in the housing market is suffering due to higher interest rates and policy uncertainty, according to a new report from the Housing Industry…...
Unemployment rate rise on 'the softer side"
5+ day, 16+ hour ago (566+ words) Economist says numbers 'suggest that the labour market and wages will not be a source of upside inflation risk for the RBA'. AUSTRALIA’s unemployment rate has climbed to 4.5 per cent, adding to the case for the Reserve Bank to hold…...