Housing measures won’t prevent downturn
THE bipartisan Home Guarantee Scheme will only result in a modest boost…
House prices tipped to fall over next five years
GLOBAL economic uncertainty and low net migration are set to drag down…
Throwing money at overheated economy likely to raise rates
ECONOMISTS warn that the government’s “loose fiscal policy” will fuel inflation and…
Rising shipping costs may push consumer prices higher
SHIPPING costs from China to Australia are now 250% higher than pre-COVID,…
Lockdown dampens retail sales
RETAIL sales across June hit greater depths than anticipated, with the fast…
RBA breaks Cup Day drought
TO aid the Australian economic recovery from COVID-19, the Reserve Bank has…
Retail sales fall but strong rebound expected
RETAIL spending in August came in above forecasts, despite Victoria’s second lockdown…
Mix outlook on house prices
RATINGS agency Fitch is forecasting house prices will decline by 5-10% over…
JobKeeper artificially supporting house prices, values to fall further
MELBOURNE house prices have now fallen 4.6% throughout the pandemic, again posting…
Construction on pilot light level, mass retail closure
BUILDING and construction sites across Melbourne will remain open under stage four…