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Most economists believe the chronic undersupply of homes will eventually push prices higher once interest rates ease and the tax changes are priced inGet our breaking news email, free app or daily news podcastThe government’s property tax changes have …
The economy was slowing even before the Middle East conflict and interest rate hikes started to bite, while the boom in datacentres was a rare bright spotGet our breaking news email, free app or daily news podcastThe economy slowed sharply in early 202…
Buyers abandon auctions and Sydney, Melbourne and Canberra median house prices end May lower than they were at the end of 2025Get our breaking news email, free app or daily news podcastHome prices in Australia’s capital cities have begun to fall, with …
Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor saysBusiness live – latest updatesThe Bank of England is in no rush to raise interest rates while the outcome of the Iran war remains uncertain and…
Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel pricesBusiness live – latest updatesRising prices have become the top financial concern for UK households, according to a monthly consumer confidence s…
Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved…
This blog is now closed.Get our breaking news email, free app or daily news podcastFederal shadow treasurer says any handouts in budget could add to inflationThe federal shadow treasurer, Tim Wilson, has warned that potential cash handouts in next week…
Property prices are still rising at the entry level and as borrowing costs increase, the home ownership dream is even further out of reach The third Reserve Bank rate hike in a row has delivered a blow not only to mortgaged homeowners, but also to thos…
In sobering comments, the RBA governor forecasts economic malaise due to the global fuel shock. Not recession but higher prices, lower growth and wages that don’t keep pace with inflationGet our breaking news email, free app or daily news podcastAs far…
Owner-occupier mortgage growth slowed under growing costs while investor loans grew by $42bn in the year to March, a 9.6% increaseGet our breaking news email, free app or daily news podcastProperty investor borrowing rose at its fastest rate in a decad…