Pauline Hanson’s National Press Club address last week reminded us she doesn’t like multiculturalism, she sees immigration as responsible for most of the country’s problems, and she regards the values of some immigrants as inimical to a predominantly “Judeo-Christian society”. She called for “monoculturalism” to replace “multiculturalism”. These kinds of views are not new for…
After several years of strong price growth across much of Australia, Domain’s latest FY27 Housing Market Forecast suggests the property market is entering a very different phase. The report highlights that Australia’s housing market has entered a more complex phase. Three rate hikes in the first half of 2026 have changed the landscape, and the…
Australians have become much more gloomy about the economy and increasingly worried about the irresponsible behaviour of the United States in the past year, according to the Lowy Institute’s 2026 poll. The poll also shows a big decline in support for cultural diversity over the past two years, albeit from a very high level. Almost…
Every capital city’s auction clearance rate has just dropped to its lowest point of the year, and Brisbane is the real shock, plunging to under 22 per cent this week, down from over 50 per cent just twelve months ago. That’s happening even though the Reserve Bank left the cash rate on hold again at…
Well, the RBA has now spoken, and for the first time this year borrowers received a little breathing space. At its June meeting, the Reserve Bank kept the cash rate on hold at 4.35%, following three rate rises earlier this year. That decision was widely expected, but it was not exactly a green light for…
There is no doubt that our housing markets are facing challenges from all directions, but clearly, they have remained resilient. To better understand what’s happening, this monthly collection of charts from Cotality paints an interesting picture. Aspiring buyers looking to secure a median house in Brisbane must earn over $17,000 more in annual household income in…
![Adelaide housing market update [video] | June 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Adelaide’s housing market is still growing, but the pace of that growth is moderating at a quickening rate. Home values rose 0.5% in May 2026 — the smallest monthly gain recorded since June last year and a clear signal that the city’s exceptional run of momentum is coming off its peak. At its cyclical high…
There’s a lot of noise in the property market right now isn’t there? Depending on who you listen to, we’re either heading for a property boom or staring down the barrel of a housing market collapse. Social media is flooded with opinions, economists are debating the impact of government policy, and buyers and investors are…
![Perth housing market update [video] | June 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
The Perth property sector continues to outpace the rest of the country, with Cotality’s latest figures capturing a significant 1.5% jump in dwelling values throughout May. This monthly shift added roughly $15,100 to the local median house value. While the eastern seaboard grapples with compounding economic pressures and falling values, the WA capital maintains its…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
