TIP: property turnaround keeps rates steady, big banks struggle to compete, retail sales drop again
Sometimes you just need to call in the Hoff to fix the problem The Reserve Bank kept the official cash rate at 1 per cent yesterday in...
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How confident are you with spending your hard-earned cash right now? How secure does your job feel? When was the last time you had a pay rise? Is your business firing, or floundering?
If the sum of the countless factors impacting our economy wasn’t complicated, we wouldn’t need economists. But when you break that down to what impacts on you and whether you have money to spend – or not – it starts to get very simple. And that’s where we come in.
The Wallet is a regular blog exploring the economic, political and social influences on consumer confidence in Australia. Are we spending or saving, and why? And what does this mean for businesses relying on Australians splashing the cash, and governments looking for businesses to have confidence to invest?
Distilling daily reporting in Australian media into a hip-pocket-sized summary, The Wallet is your up-to-date diary of what’s causing Australians to spend or save right now, and into the future.
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TIP: RBA watchers prepping the popcorn, signs of two-speed retail economy, regions faster than metro
This edition of Today In Property has nothing to do with the cricket. But crikey, what a comeback! Welcome to another edition of...
TIP: another Sydney apartment evac, home loan applications up, where it's cheaper to rent than buy
Banks accused of squeezing households on mortgage rates At least, that's what The Australian is saying today in its story showing the...
Today in property: consumer confidence drops post-election, APRA cracks down, Stockland backing resi
How real was the ScoMo bounce? That's the question being asked today upon release of Westpac's consumer sentiment index, which dropped...
Today in property: lender competition heating up, construction approvals drop, minimum wage rises
The mortgage purse strings are loosening as second-tier lenders bring the fight to the big four institutions APRA is about to make...
Today in property: ScoMo mojo, election to boost property sentiment, smaller lenders slash rates
Industry players call for creation of Federal Housing Ministry An 11-year high surge of $33 billion was added to the ASX yesterday in...
Today in property: place your rate cut bets, green shoots of recovery, new land defaults hit 27pc
The pundits are out in force ahead of the Reserve Bank meeting next week. Popular consensus says we'll see a rate cut within the next...
Today in property: housing affordability up, clinging to The Great Aussie Dream, Opal Tower looms
It may be only Tuesday, but the award for headline-grabber of the week goes to EY. Its analysis of the stockmarket and Sydney property...
Today in property: lenders cutting rates, negative gearing savings overstated, cars are the problem
Calls for Labor’s negative gearing policy to be rethought have intensified, with The Grattan Institute’s number-crunching showing...
Property story wrap-up :: Wednesday 3 April
Welcome to the Church of the Federal Budget, where the gospel is surplus, and the word is more than $300bn in personal tax cuts and...
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