Latest Property News and Features

Why are so many Australians left without a place to call home? The latest homelessness data released by the Australian Institute of Health and Welfare (AIHW) paints a stark picture of an issue that’s no longer confined to society’s most vulnerable—it’s unfortunately becoming a crisis for everyday Australians. Over 280,100 Australians sought help from specialist…

The hopes for a December rate cut were slim leading into today’s meeting, with financial markets giving just a 6% chance of a rate cut in December. That’s not surprising given the rise in the monthly inflation indicator through October to 3.5%, alongside ongoing tightness in labour markets, where the unemployment rate has held around…

Are Australian mortgage holders finally catching a break? New data from Roy Morgan hints at a turning point in the battle against mortgage stress. In October 2024, the proportion of Australian mortgage holders identified as ‘At Risk’ of mortgage stress dropped to 28.3%. This marks the third consecutive monthly decline and represents a 1.2 percentage…

For Australian mortgage holders eagerly anticipating relief from the Reserve Bank of Australia (RBA), there’s been a shift in the narrative. ANZ has just joined Westpac and NAB in revising its cash rate forecast, now predicting the first rate cut will occur in May 2025 instead of February and reducing the expected number of cuts…

The ABS monthly CPI indicator, released today for October, shows headline inflation has remained steady at an annual rate of 2.1%. While this is close to the bottom of the RBA’s target band, the data has been heavily skewed by the government’s temporary energy bill relief rebate and of course the RBA would be happy…