GENERAL NEWS
Australian mortgage holders are breathing a sigh of some relief after interest rates were cut for the first time in more than four years, and market participants suggested this is a...
The cut was widely expected after the last CPI data showed underlying inflation – the RBA’s key inflation metric – had come down again, to 3.2%, but still remained above...
The big four banks ANZ, Commonwealth Bank, NAB and Westpac all quickly announced that they would pass on the rate cut. Repayments on a $600,000 mortgage will be...
On the back of the lower-than-expected CPI data in the December quarter, the RBA’s near-term outlook for inflation has been revised a little lower for 2025...
Household consumption growth is expected to pick up, which along with growth in public demand is expected to see output growth increase over the coming year...
US President Donald Trump’s sweeping tariffs pose challenges to the global outlook, the RBA said, but the scale and incidence of the tariffs and their effects “remain highly uncertain...
Tempered result for housing market
The anticipation of a rate cut and resilient values have enticed vendors to the market. New home listings across the capital cities are increasing at the fastest pace in six years
Domain’s data is reflected in SQM Research numbers, which shows total listings grew by 4.5% in January, hitting 243,642 properties – 10.3% higher than a year earlier...
Capital Economics Australia and New Zealand economist Abhijit Surya said that although the prospect of imminent rate cuts could temporarily buoy buyer sentiment, “we don’t expect a...
Pivotal moment for commercial property
Advise Transact managing directors Mark Wizel and Lewis Tong said the rate cut will “symbolise a start in stabilisation in the commercial property market and...
Knight Frank’s chief economist Ben Burston echoed the sentiment, saying the RBA’s decision “signals a turning point for commercial property markets nationally, indicating that...
Colliers head of research, Australia Joanne Henderson said the rate cut “may not significantly impact investment feasibility in the near-term, but it marks an...
Positive market sentiment is growing, and transactional activity has already been rebounding over the past six months, driven by greater alignment between buyers and...