How long can house price records last? | The company

Property prices continue to hit new records, with the national average home now worth $973,300 in the three months to the end of June, according to the Australia Bureau of Statistics. Prices in NSW ($$1,222,000) remains the highest in the country, followed by the ACT ($953,900) and Victoria ($900,300). But SQM Research managing director Louis … Read more

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

'Near term rate cuts absolutely disappear' as inflation jumps | The company | ABC News

Inflation in the March quarter has come in higher than expected, with prices rising by 1 per cent. Annual inflation slowed to 3.6 per cent in the year to March, down from 4.1 per cent in the 12 months to December. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-04-24/inflation-consumer-price-index-march-quarter-finance charge-rates-hecs/103757332 Forecasters are now pushing back their finance … Read more

Fixing one of Australia's worst housing crises | The enterprise | ABC News

Tasmanians go to the polls this weekend with housing a major issue in the state election. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-03-20/airbnb-ban-no-deposit-home-loans-landlord-subsidies-tas-election/103584528 Banning new Airbnbs, giving cash to landlords to cap rents and no deposit home loans are just some of the policies on offer. With polls looming across the nation, it suggests governments are … Read more