house prices

A housing expert has warned property markets could be “fragmented” next year amid a country-wide rebound of house prices, as a new report tips prices to rise up to 4 per cent alone.PropTrack’s latest Property Market Outlook report, released…

Australia is in per capita recession. This means that the average individual’s share of economic output is shrinking.It is not a headline recession only because of rampant population growth, lifting aggregate output enough to prevent it.…

Just one in 10 potential first homebuyers could actually achieve the Australian dream and buy their own property, alarming new research has revealed.After decades of soaring property prices locked many young people out of ever escaping the…

The Reserve Bank is tipped to keep rates on hold for the second month in a row after inflation data last week came in below forecasts.Most economists and financial markets are predicting the official cash rate will stay at 3.6 per cent when…

One of the nation’s biggest consultancy firms has spectacularly unleashed on the Reserve Bank of Australia, slamming the board for “tempting fate” and putting the economy “on a knife-edge”.According to the newly-released Deloitte Access…

Aussie homeowners are at particular risk of home loan default, with the nation straining under a perfect storm of conditions. According to the International Monetary Fund’s (IMF) World Economic Outlook, Australia is facing the…

After slugging hardworking Aussies with 10 consecutive rate rises and failing to curb inflation, Reserve Bank of Australia officials have finally admitted they “did a terrible job”.Speaking at a panel in Melbourne on Wednesday, Ian Harper,…

The Australian dream of buying a home is fading for many young people who are becoming fed up working themselves to the bone when their savings are eaten up by rising living costs.With sky-high house prices across the country, some young…

A teacher turned property mogul has revealed he’s still positive about the real estate market despite rising interest rates dampening house prices. With a passion for education, former music teacher Lloyd Edge found he was worried about his…

At the beginning of May last year, the Reserve Bank embarked on the largest and swiftest rise in interest rates in relative terms in the nation’s history. While rates have risen almost as quickly in the past, particularly during the high…