Economy
Major bank says enough is enough for interest rate rises
NAB economist believes five rate increases in the year will see the Reserve Bank be more cautious next month but 'inflation remains the key risk'.
Economy
NAB economist believes five rate increases in the year will see the Reserve Bank be more cautious next month but 'inflation remains the key risk'.
Economy
Economist says 'Higher interest rates and stubborn cost pressures have weighed on conditions and confidence across the country', felt hardest in Victoria.
Economy
Major bank sees monthly wage growth dropping in October, saying that the 'slower growth in the wage bill means slower growth in household labour income'.
Property
Negotiating in certain markets can see buyers able to 'secure a property for considerably less than the advertised price'.
Property
As inquiry continues into collapse of major developer, ASIC boss says 'we've called out some better practice in this report but, in a consistent and comprehensive way, we haven't seen the improvement'.
Property
While there was a small uplift in the number or dwellings up for auction last weekend, activity has remained more than 40 per cent below year-ago levels in three of the past four weeks.
Property
REI NSW says 'every anti-landlord reform the NSW Government has introduced has had an adverse impact on tenants in the form of fewer homes to rent and higher rents as a consequence'.
Property
ASIC boss says 'investors need clear and timely information about the risks they are taking on, particularly when circumstances change and private credit loans run into difficulty'.
Property
Peak advocacy group says 'no buyers means no projects. No projects means no homes. And no amount of political spin can change that'.
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