Treasurer joins chorus in hosing down rate cut hopes
"Almost nobody" is expecting an interest cut, the treasurer says as the Reserve Bank's new rate-setting board meets with an election campaign in full swing.
"Almost nobody" is expecting an interest cut, the treasurer says as the Reserve Bank's new rate-setting board meets with an election campaign in full swing.
Home sellers notched a record profit in last three months of 2024 but not every property owner will be so lucky in the future, real estate researchers warn.
Aspiring homeowners could secure a cheaper mortgage and lower deposit by letting the government take a stake, but Peter Dutton questions whether they want to.
The difficulty of businesses finding young labour has been highlighted as tenant-empowering reforms are due to hit Australia's least-affordable housing market.
First homebuyers and renters struggling to find a home are being offered some hope in a budget that bakes in $33 billion in measures to improve affordability.
Australia is expected to fall hundreds of thousands of homes short of its housing target but reforms could bring it back up to speed and help renters.
There are signs the housing market in normalising five years after the COVID-19 pandemic sent home values soaring across Australia.
Australians raiding their super balances for housing could boost home ownership but may result in a jump in prices, economists say.
Two capital cities are leading the housing market higher as buyers look to get ahead of a wave of demand as interest rates finally fall.
House prices have rebounded to record highs after the Reserve Bank's rate cut boosted sentiment and improved Australians' borrowing power.
Fresh inflation figures should help convince the Reserve Bank to cut rates again in May, despite a slight uptick in underlying price growth, economists say.
Slowing inflation helped convince the Reserve Bank to cut rates at its last meeting but uncertainty over tariffs was also a factor, the deputy governor says.
Rate relief has been delivered to Australian mortgage holders, yet the Reserve Bank governor says renters may have to wait a while longer to gain any benefit.
Established homes will be off-limits and foreign owners will be forced to develop vacant land under new measures announced to improve housing supply.
Economists say a major reduction in mortgage rates this year is unlikely, even though the Reserve Bank board is widely tipped to deliver a cut on Tuesday.
Red tape must be ripped down to boost productivity in a bid to fix the nation's housing crisis, with shocking new data showing the slowing rate of construction.
Australians saddled with student debt who want to enter the housing market will be given a helping hand, under changes to lending requirements.
A continued shift of Australians moving to regional towns for lifestyle reasons has boosted property prices at the expense of capital city values.
As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.
Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.
Calls are mounting for more funding for homelessness services as data shows the number of people without a home long-term jumped.
Home values held firm in January as a shallow and short-lived housing downturn nears its end, with new supply coming too slowly to solve unaffordability.
Rising unaffordability and changing lifestyles are driving an unusual turnaround in real estate dynamics as unit prices grow faster than houses in some areas.
Despite the Albanese government's well-meaning rhetoric, its policies and results reveal a failure to fix housing affordability, a housing expert says.
High costs, labour shortages and low productivity are limiting the sector's ability to build new homes as construction activity remains below required levels.
Renters are more likely to support Labor or Liberal than the Greens despite the minor party running hard on issues faced by tenants, fresh polling shows.
A clifftop home destroyed by a landslide that hospitalised a man was the site of another slip less than two weeks earlier, which left council workers on alert.
Affordability pressures and rising vacancy rates are keeping a lid on rental growth after years of surging prices.
Affordability constraints have many turning to the bank of mum and dad but parents have been urged to consider their finances carefully before lending.
Australia's two most populous cities have signalled the beginning of a property downturn amid widening gaps between income, borrowing capacity and home values.
Housing construction is expected to ramp up this year but labour shortages, builder insolvencies and higher global inflation pose headwinds.