Economic updates

Good news: RBA cuts cash rate by 0.25 per cent. While the cut will be welcomed by many, it has been driven primarily by continued global uncertainty brought about by the election of Trump in the US.

Australia's auction clearance rates hit 72 per cent in May, highest since early 2022, showing Trump's economic impact on housing. While similar to 2021's boom, price growth will likely remain more subdued than previous cycles.

Australian property listings drop with winter temperatures as homeowners escape to warmer destinations. This seasonal market slowdown creates unique challenges and opportunities for buyers and sellers alike.

With Labor securing a victory in Saturday's federal election, Australia's housing market faces change as Albanese's affordability policies may initially drive prices higher before supply measures take effect.

Australia's housing market shows remarkable resilience with accelerating price growth across houses and units. April data confirms this trend, marking one of the strongest growth periods since 2021.

Knockdown rebuilds reshape Australian suburbs as homeowners seek nicer properties in desirable areas. Increasing density improves affordability while demolition rates generally correlate with higher price growth.

Major transport developments across Sydney, Melbourne, Brisbane and Perth are revolutionising urban connectivity while creating valuable opportunities for property investors in surrounding neighbourhoods.

As 3 May election nears, housing has become a battleground with both major parties unveiling policies for first home buyers. After months of neglect, weekend announcements have thrust housing affordability to the campaign forefront.

Global markets are currently experiencing significant disruption from Trump's "Liberation Day" tariffs. As economic uncertainty grows and share markets display considerable volatility, is residential property a safe haven?

Trump's "Liberation Day" tariffs impose a 10 per cent tax on Australian exports, creating challenges for industries like beef while potentially slowing global trade and causing contradictory pressures on inflation.

The Reserve Bank of Australia has kept interest rates on hold today, maintaining its cautious approach. This decision reflects growing uncertainties in the global economy, particularly stemming from US trade policies and ongoing geopolitical tensions.

Australia is one of the safest places to live, yet one suburb nearly ranks among the world’s top 10 most dangerous - and it’s not where you’d expect.