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Grim warning for Aussie 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…

Warning Australia too reliant on US, UK

A top weapons manufacturer has argued that Australia’s defence industry is far too reliant on the UK and the US for munitions, declaring that the government must overhaul its defence strategy to favour local procurement. NIOA Group chief…

Finance guru’s chilling warning to Australia

NAB has increased its fixed term rates just hours after its chief economist issued a chilling warning of another interest rate hike in 2024.Alan Oster said he expected rates to peak early in the new year, before falling slowly from November…

ASX climbs despite grim rates warning

The Australian share market rose on Tuesday as traders shrugged off the release of new Reserve Bank board minutes which showed it was prepared to hike interest rates again. The S&P/ASX200 added 0.3 per cent, or 19.8 points, to close at…

Joyce’s two word warning to wedding guests

One time Deputy Prime Minister Barnaby Joyce had a two word warning for attendees at his weekend wedding to former staffer and journalist Vikki Campion. He reportedly told guests to refrain from “punching on” because they might get snapped…

Grim warning for Aussie homeowners

The Reserve Bank has been urged to lift interest rates and governments warned to pull back on infrastructure projects to reduce inflation. In its annual economic health check, the International Monetary Fund concluded Australia’s economy…