Melbourne Bucks the Trend as Property Prices Continue to Skyrocket Across Australia
Rental vacancies in Melbourne are almost impossible to find. Just 0.8 per cent of rental properties are vacant, well below pre-pandemic levels.
Top 25 Sydney Suburbs Where Property Prices Are Set to Boom
The Sydney suburbs that are tipped to outperform the market have been revealed. New data has revealed that in most growing areas, property prices are forecast to boom by more than 5 per cent over the next six months.
RBA's Hunter Sees No 'Quick Fix' to Australia's Housing Crisis
Australia’s central bank is “closely watching” how the current supply-demand mismatch in the housing market unwinds, while warning “it will not be a quick fix,” Assistant Governor Sarah Hunter said on Thursday.
No 'Quick Fix' to Imbalance of Australian Housing Supply, Demand Growth, RBA Says
Repairing Australia's imbalance of new housing supply and growth in demand, and imbalances in rent, construction costs and activity, "will not be a quick fix", according to a Thursday speech by Assist
Australia's Budget Is Expected to Target Housing Crisis as Prices Keep Climbing
Australian home prices are set to keep climbing as the housing supply shortage is compounded by record migration and limited capacity to deliver new builds. "Affordability is currently at the worst levels on record in Australia from a mortgage serviceability perspective," said Eliza Owen, head of research at CoreLogic Australia. Treasurer Jim Chalmers is set to deliver the budget on Tuesday, which is expected to focus on addressing the nation's housing crisis.
Federal Budget 2024: More Tax Reform on Top of $1,5000 Cost of Living Relief and Centrelink Cash Boost
National Storage REIT Director Steps Down
National Storage REIT Cancels Performance Rights
RBA Should Be Getting Worried About House-Price Strength, JBWere Says
There were few surprises in the Reserve Bank of Australia's policy meeting minutes, with things broadly tracking as expected, says Sally Auld, chief investment officer at JBWere.
Australian Home Prices Growth Might Still Surprise in 2024 -- Market Talk
0008 GMT - Australian home prices continue to rise strongly despite the fastest increase in interest rates since the late 1980s, and there's scope for the gains to continue, says Diana Mousina, deputy
Australian House Prices Continue Climb in Defiance of Rates Pain
By James Glynn SYDNEY--Australian house prices continued to climb in March despite the pain of soaring interest rates, rising living costs and poor affordability, with the housing market suffering a
3 Top Income-focused ASX Shares to Buy Before April
The rising cost of living is taking its pound of flesh from the hip pockets of Aussies.
Australia Bank CEOs Call for a Fix to Housing Shortage
Australia's housing shortage may be driving prices higher but is locking out first-time homeowners and migrants needed to fill skills shortages across the country, the chief executive officers of Australia's three largest banks said on Tuesday.
$27,440 per Sqm: Grim Reality of Aussie Property Market 'squeeze'
Australian properties have shrunk in size, but the price per square metre of land has continued to skyrocket - soaring above $20,000 in some suburbs.
Commonwealth Bank's Stance on Australian Rates Remains Dovish
The chief economist of Commonwealth Bank, maintains his view that the Reserve Bank of Australia will make substantial rate cuts in 2024 and 2025
Decline of Australia's Dwelling Approvals Slows Down in January
Australia saw a slowdown in the reduction of approved residential dwellings during January as apartment approvals in some states rose.
Australia Building Approvals Fall 1.0% In January
RBA Should Avoid Pump-Priming Already Hot House Prices -- Market Talk
There is still a good chance that the Reserve Bank of Australia could sit on its hands through this year, delaying interest rate cuts until 2025, says Paul Bloxham, chief economist at HSBC, Australia.
Australian Mortgage Growth Steady in January
Mortgage growth in the Australian system was steady at an annualized rate of around 4.5% in January, the same rate as in December, say Morgan Stanley analysts in a note.
Australian House Prices Defy Rate Hikes' Tightening Grip
By James Glynn SYDNEY--Australia capital-city house prices rose at their fastest pace in four months in February, highlighting the continued imbalance between supply and demand in the market as immig
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