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.

BNN BloombergMay 15 21:43 ET

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

MT NewswiresMay 15 20:45 ET

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.

CNBCMay 12 19:51 ET

Federal Budget 2024: More Tax Reform on Top of $1,5000 Cost of Living Relief and Centrelink Cash Boost

Yahoo FinanceMay 8 02:27 ET

Morgan Stanley Reaffirms Their Sell Rating on Vicinity Centres (CNRAF)

TipRanksMay 1 21:05 ET

Vicinity Centers Posts 1.6% Growth in Portfolio Retail Sales in Fiscal Q3

Vicinity Centers (ASX:VCX) reported positive operating metrics for the third quarter of fiscal 2024, driven by retailer demand for physical stores and strong retail sales growth, according to a May 1

MT NewswiresMay 1 17:51 ET