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Downturn numbers are grim but government says it’s ok

TENS of thousands of dollars could be slashed from home values in all capital cities in coming months but the Federal Government said there is no reason to panic. CommBank has reported a “faster and broader” downturn than expected in its latest update on the housing market, flagging a drop of 10 per cent through to April next year. Housing minister Claire O’Neil said the forecast isn’t a big concern. “The housing market in Australia is inherently cyclical,” she told Channel Seven’s Sunrise on Wednesday. “We see periods of really stro

Major bank retreats on its housing stance

GDP numbers fuel chances of another rate hike

Hand brake placed on Victoria’s new home construction

Houses can’t be built fast enough to meet strong demand

New homes will be built but it’ll take a lot longer

Doom and gloom as house approvals fall dramatically

Planning for retirement is not that easy

ALMOST three million Australians are expected to retire over the next decade, but not everyone is heading toward their golden years with confidence. Many are still thinking about their &

It’s time for governments to invest in housing

THE Property Council of Australia is calling on the government to “back investment and remove barriers” if the country’s housing malaise has any chance to improve. The

GROWTH in retail spending is expected to almost halve in the next financial year as households look to tighten their belts, a report suggests. The expected pullback in the 12 months from

Not ten pound airfare but concept is similar

SHORTLY following the end of the Second World War, the Australian Government instigated a migration scheme to attract skilled workers to our shores. The primary goal was to rapidly boost