Core inflation eases making a rate hike unlikely | The company | ABC News

Economists say the latest inflation data takes pressure off the Reserve economic organization to hike loan charge rates in August. The annual headline figure came in as expected at 3-point-8 per cent but the quarterly underlying measure eased for the sixth quarter in a row, suggesting inflation is still trending down. Rental prices rose by … Read more

How cash buyers are shaking up the housing sector | The enterprise

Research by PEXA found more than one in four properties purchased in NSW, Queensland and Victoria last year were bought without a property loan, often by older, retired and ‘asset-rich’ Australians. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-03-13/quarter-of-properties-purchased-with-cash-2023-nsw-vic-qld/103576718 The research found that $454.7 billion worth of residential property was purchased in the eastern states in 2023, … Read more