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Treasurer hints at budget savings to offset rate rises

A widening conflict in the Middle East and burgeoning private demand have added pressure to inflation, Treasurer Jim Chalmers says, as the Reserve Bank hiked rates for the second consecutive time this year. The central bank’s monetary policy board voted 5-4 in favour of a 25-basis point rate hike on Tuesday, taking the official cash rate to 4.1 per cent. It was the narrowest decision since the RBA began publishing the votes. The treasurer said the private economy and the US-led conflict had contributed to inflationary pressures as opposed to his government’s exp

Government must cut spending to help housing affordability

Interest rate rise will seriously hamper housing construction

Bullock claims a recession is still a chance despite rate cut

‘I was not going to miss the event for anything’

Government scheme sees people borrowing more money

Code overhaul needed to fast track house delivery

Reducing capital gains tax discount on the cards in Budget

Labor appears set to scale back tax concessions for property investors in a move welcomed by economists and social housing advocates. But while it’s set to boost intergen

Sticking points remain in battle to bust monopoly

E-conveyancing challenger Sympli is worried the long-awaited rollout of interoperability could face further delay, as a major announcement by the industry regulator looms. Australian Reg

IN a world first, the Australian Government’s financial intelligence unit AUSTRAC has released anti-money laundering program starter kits designed to help small business

High quality public transport, intercity connectivity and energy resilience have been highlighted as key drivers for the continued growth of Canberra. These elements were pinpointed in I