Economic updates

What are the next suburbs where house prices will exceed $1 million in 2025?

Property prices continue to rise nationwide, with significant growth in both metropolitan and regional areas.

Something interesting happened in Sweden in early May and it had nothing to do with Eurovision, IKEA or ABBA.

An interesting global study was recently released by the International Monetary Fund (IMF) which looked at how sensitive countries were to monetary policy based on their housing markets.

There have been a lot of people, events and policies blamed for Australia's low levels of housing affordability.

Hobart stands out as the capital city with the highest share of listings under $500, but Melbourne suburbs dominate the top 10 lists.

Canberra is currently leading the way when it comes to growth in the number of properties coming to market.

Perth, Adelaide and Brisbane continued their runaway growth in May with all cities now recording year-on-year growth of in excess of 14 per cent.

How do you measure walkable cities? One way to measure it would be to take a look at reliance on cars.

Fundamentally, the role of the Federal Government is to provide housing for our most vulnerable and this is what the budget does.

Construction problems started during the pandemic. Blocked supply chains and high levels of global demand meant that the price of materials increased.

Interest rates remained on hold today. Inflation is now sitting at 3.6 per cent, higher than hoped, but still showing a decline from 4.1 per cent recorded in December.