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Australians are being warned to brace for more rate pain as banks predict a grim outlook for the year ahead.
NEWS
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If you’re a worker and you didn’t receive a 50 per cent pay rise since the beginning of Covid, then you have gone backwards financially.
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The full impact of the Reserve Bank’s interest rate rises hasn’t flowed through to house prices yet, REA Group economist Angus Moore says.
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Zara founder Amancio Ortega, Spain’s richest person, expanded his global portfolio of commercial real estate last year.
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Unable to secure a rental in Perth’s overheated housing market, Chloe has been living in a van with her daughter, dog and two cats since October last year.
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Australia’s annual inflation rate in January eased, implying the worst of the price increases may be over.
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Australia’s property market has experienced a switch amid skyrocketing interest rates and a year of falling prices.
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A review commissioned by the treasurer and due to report to him by the end of March might recommend changes at the RBA.
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Sydney home sellers are discounting properties by their largest sum in years, as reduced buyer spending power forces them to slash their price expectations.
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While the banks have been quick to pass on RBA’s every cash rate increase, they have not matched all the decreases since June 2019.
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A Melbourne mum was forced back into the “ridiculously” brutal rental market again – her seventh time in six years — and its cost her a lot.
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Australia’s expensive property market has been blamed on high population growth, few large cities and sprawling low-density suburbs, rather than low interest ra…
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