RBA
Vested interest ‘cartel’ killing Aussie housing dream
25 February
A “cartel” of vested interests is stymying crucial tax reforms which could help free up more homes, a former boss of the Reserve Bank says. Bernie Fraser, the only person in Australian history to have served as both RBA governor and Treasury...[Read More]
Labour pains for borrowers as jobs data hits rate hopes
25 February
Ongoing strength in the nation’s jobs market has lifted the change of another interest rate rise in the coming months, experts warn. Australia’s unemployment rate held steady at 4.1 per cent for January with nearly 18,000 jobs created, according...[Read More]
RBA urges more high-rise amid home-building constraints
18 February
Governments are making the right moves on housing affordability but builders are still finding it “very challenging” to bring on new supply, RBA governor Michele Bullock says. Speaking at a second parliamentary hearing in less than one week, Ms...[Read More]
Reserve Bank boss calls on businesses to invest smarter
11 February
The Reserve Bank governor has called on businesses to help lift Australia’s sluggish productivity growth as she tries to bring inflation under control. Facing a string of questions about the government’s role in driving up inflation at a...[Read More]
Healthy jobs market spells rate pain for borrowers
28 January
Analysts are warning mortgage holders an interest rate rise could be just weeks away, after surprisingly strong jobs figures heightened the Reserve Bank of Australia’s concerns about inflation. Forecasters were taken off guard by the resilience of...[Read More]
High cash rates no barrier to housing boom, data shows
14 January
Three Reserve Bank interest rate cuts were widely credited with accelerating growth in property values last year, but historical data shows the most drastic price surges aren’t always due to falling borrowing costs. The 8.6 per cent increase in...[Read More]
Weaker housing market tipped as rate hike fears mount
7 January
The housing market is tipped to start weaker in 2026 with confidence dented by fears the Reserve Bank’s next move will be a rate hike, a leading property data provider says. Cotality’s national Home Value Index recorded the smallest gain in five...[Read More]
RBA reveals what’s needed to avert rate hikes in 2026
24 December
By the end of January Australians should have a clearer picture of whether they can expect interest rate hikes next year. Quarterly inflation data, due to be released by the Australian Bureau of Statistics on January 28, will confirm or allay...[Read More]
Homebuyers at square one as price hikes eat rate cuts
3 December
Surging home prices have wiped away the benefits of three interest rate cuts to new buyers, new data reveals. Across Australia, home values grew by one per cent in November with the median dwelling now worth $888,941, property analytics firm...[Read More]
Home prices continue rising amid supply-demand mismatch
3 September
Australian home prices have clocked the fastest month of growth since May 2024, as a drop in building approvals clouds the outlook for housing affordability. The 0.7 per cent rise in August marks the seventh consecutive month of growth and lifts the...[Read More]
Real wages boost for workers, but costs might worry RBA
20 August
Workers have enjoyed the strongest annual growth in real wages in more than five years, but the Reserve Bank will be on alert in case labour costs cause inflation to fire up again. Wages grew by 3.4 per cent in the year to June, slightly above...[Read More]
Further rate cuts at risk as rent pushes up inflation
20 August
Rising construction costs and rental increases may prove to be stumbling blocks for further rate cuts from the Reserve Bank. The latest data from Cotality shows there are concerns for housing inflation and its knock-on effects off the back of rental...[Read More]
Rising cost to build a wake-up call on housing dream
23 July
A rise in construction costs is likely to stoke inflation while pushing home-building targets further out of reach, fresh data analysis suggests. Construction costs rose 0.5 per cent in the June quarter, picking up slightly from a 0.4 per cent rise...[Read More]
Spotlight on unemployment as jobs market loses heat
18 June
Signs the labour market is easing will alleviate Reserve Bank concerns about inflation with Australia’s jobless rate tipped to remain at historic lows. Economists predict labour force figures for May – to be released by the Australian Bureau of...[Read More]
Housing set to grow from record high as rate cuts loom
4 June
Home prices have hit new highs and will likely continue to grow as lower interest rates send buyers piling back into the property market amid a lack of new housing supply. The median dwelling in Australia was worth $831,288 in May – a 0.5 per cent...[Read More]