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Oct 3, 2023

No justification for a rate rise says HIA

“The number of loans issued for the construction or purchase of new homes are at their lowest level since the Global Financial Crisis in 2008,” stated HIA Senior Economist Tom Devitt.

Sep 27, 2023

The Economy

Reserve Bank

Housing, insurance and fuel inflation throw down gauntlet to RBA says REIA

Real Estate Institute of Australia (REIA) President, Mr Hayden Groves said the latest rise in the CPI indicator has thrown down the gauntlet to the RBA with rising inflation in key categories of housing, insurance and fuel.

Sep 25, 2023

John McGrath - What to do with your home loan now that rates are on hold

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, it’s an appropriate time to assess how your loan has changed over the past 18 months and whether you should consider refinancing to get a better rate.

Sep 25, 2023

Will rising listings slow the market?

Nerida Conisbee, Chief Economist at Ray White Group, questions whether the robust growth in Australian house prices, which has persisted since the beginning of the year, is approaching its conclusion now that property listings are on the rise once more. This surge in prices has been primarily...

Sep 5, 2023

The Economy

Reserve Bank

Interest rate commentary by Geoff Lucas

The Agency's CEO Geoff Lucas said today’s interest rate decision signals that we are likely to now be entering a period of little to no interest rate changes for a considerable time.

Sep 5, 2023

The Economy

Reserve Bank

Rates on hold but rent rises remain a problem for inflation - Ray White

According to Nerida Conisbee, Ray White Group Chief Economist, the next movement is likely to be a cut to rates, however this is unlikely to happen this year.

Sep 5, 2023

The Economy

Reserve Bank

RBA holds as speculation mounts the rate hiking cycle has peaked

The RBA was clear that inflationary pressures, especially in the services sector, remain elevated, but the trend is heading in the right direction and the RBA remains confident inflation will return to the target range in late 2025.

Aug 16, 2023

REIA welcomes National Cabinet backing of building more homes

REIA President, Hayden Groves, said that killing off rent controls, suggesting possible reforms for states to help renters, a revised and funded housing target and long overdue planning overhaul are all things that deal with Australia’s severe housing shortage.

Aug 1, 2023

The Economy

Reserve Bank

Interest rate commentary by Geoff Lucas

The Agency's CEO Geoff Lucas said the rate pause today is good news for the economy. It means the RBA has detected movement indicating the previous rate increases have begun to have an impact on the economy, and now wishes to assess more data to ensure the impact continues.

Jul 4, 2023

The Economy

Reserve Bank

Interest rates on hold, but downside risks remain for the housing sector - CoreLogic

The RBA held the cash rate at 4.1%, but kept the door open for a rate hike in August, citing ongoing concerns around the trajectory of inflation amid tight labour markets and uncertainty relating to the household sector