Economy
Investor home loans collapse as rate hikes smash market
RBA boss says 'when housing prices are going up, investors tend to buy in and exaggerate it, and likewise on the downswing. It's just much bigger this time'.
Economy
RBA boss says 'when housing prices are going up, investors tend to buy in and exaggerate it, and likewise on the downswing. It's just much bigger this time'.
General
InfoTrack founder and SuperMaxi skipper Christian Beck says 'if we can make a difference to sick kids and their families along the way, that’s a win in itself'.
Property
Leading real estate body says 'interest rates can help bring inflation down but they cannot build homes'
Property
Analytics group Cotality says 'we note that there are some further upside risks to inflation in the near term related to the housing market'.
Property
Data firm says fresh listings are also down, which 'is stock accumulating because it is not selling, which points to soft buyer demand in those markets'.
Property
Peak body says 'fresh Federal tax hikes on investment via trusts, negative gearing and capital gains aren’t helping build the new homes we need'.
Property
Headway is being made but 'Victoria is still building well below the number of homes needed each year and housing affordability remains a major challenge for families across the state'.
Economy
Social cohesion is an issue and 'it can be turned around but it takes focus and a government to really step out and genuinely invest in regional Australia'.
Economy
The benchmark borrowing rate has been lifted to an 18-year high in a widely anticipated decision by the Reserve Bank of Australia on Melbourne Cup Day.
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