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Home price falls may signal the end of housing super cycle

FALLING home prices in Sydney and Melbourne might just have signalled the end of Australia’s 30-year housing super cycle. Dwelling values fell 0.9 per cent in Sydney and 0.8 per cent in Melbourne during May, according to data from research agency Cotality. Along with rising rates and poor affordability, the tightening of property tax concessions in the budget and a political shift towards lower migration might mean that a decades-long upswing is nearing its close, AMP chief economist Shane Oliver said. Financial deregulation, low mortgage rates, high migration, genero

Borrowing capacity has taken a big hit due to interest rate rises

The decision is set to impact millions of workers’ wages

‘Likely he’s lying’: treasurer points finger at rival

Coalition to hit budget by billions of dollars, says government

Monetary data could play a role in Reserve Bank thinking

Libs ‘only party capable of toppling rotten Labor’

Popularity surges: One Nation now number 1

ONE Nation has eclipsed Labor to become the most popular political party in the country, according to a new poll. Support for One Nation has risen four points to 31 per cent, a Redbridge

Half of Aussies feel good about retirement

DESPITE some progress and a world-class superannuation system, retirement remains a source of financial anxiety for many Australians, according to a new report highlighting the value of fin

RBA finds investors are older, wealthier

A NEW Reserve Bank research paper has determined Australia has a large number of housing investors and many of them are over the age of 60. The report has found that there is a large coh

SA to house ‘first ever, first home buyer’ area

THE first bricks are set to be laid in a neighbourhood built entirely for first home buyers. The Australia-first initiative will see 400 new homes allocated to a pocket in Adelaide̵