In the current economic climate, these rate cuts should go a long way in boosting consumer confidence, signalling an end to the recent battle Based on previous periods of rate reductions, CoreLogic estimates that national dwelling values would increase an average of 6.1% for each 1 percentage point decline in the cash rate- but Australia…
The year 2025 marks the beginning of a new generation, in Generation Beta. Simply put, Generation Beta is defined as those born between 2025 and 2039. Generation Beta will be born from 2025 to 2039 By 2035 they will make up 16% of the global population They will be the children of younger Gen Ys…
Is Australia on track to meet its housing goals? Well, the latest data says…not quite. According to the latest PropTrack New Homes Report (January 2025), while there’s been some progress, we’re still falling short of the ambitious 1.2 million new homes target set under the National Housing Accord. Karen Dellow, Senior Data Analyst at PropTrack, …
Are you wondering what lies ahead for Australia’s housing market? After an eventful 2024 where dwelling prices rose by an average of 7% nationally, it’s time to unpack what’s driving the market and what investors and homeowners can expect this year. Here’s what the latest data and analysis from the Bank of Queensland Housing Market…
While today’s latest inflation data (CPI) could be enough for the RBA to cut the cash rate next month, the big four banks are still split on the timing. The ABS December quarter CPI data recorded headline inflation at an annual rate of 2.4%, down from 2.8% in the previous quarter, however, this was in…
Think you know Australia? Think again! Beyond the stunning coastlines and bustling city life lies a land brimming with intriguing economic quirks, surprising demographic trends, and a property market that can turn heads around the globe. So, for Australia Day, let’s look at 12 fun facts that reveal the hidden dimensions of Australia’s wealth, housing,…
National rent values rose 0.4% in the December quarter, the smallest Q4 change in rents since 2018. The pace of national rental growth continued to slow in 2024, with rents up 4.8% over the year after surging 8.1% in 2023, according to CoreLogic’s latest Quarterly Rental Review. The result marked the smallest annual rental increase…
What does a population of 27 million mean for Australia’s future? According to recent data from the Australian Bureau of Statistics (ABS), Australia’s population has officially surpassed 27 million. Chart source: ABC News This milestone highlights the country’s dynamic growth, driven primarily by net overseas migration, which accounted for 83% of the increase, with natural…
ANZ has brought forward its forecast for the first rate cut to take place in February, however, it maintains the view that borrowers will only see two rate cuts in the coming cycle. The news follows better-than-expected results from November’s monthly CPI Indicator released on Wednesday. ANZ now joins CBA in expecting the first RBA…
After 21 months of growth that pushed values up 14.3%, CoreLogic’s national Home Value Index (HVI) has finally recorded declines. After peaking in October, the national index steadied in November (-0.01%) and recorded a -0.1% decline in December. The start of a cyclical downturn is unsurprising, as monthly home value growth has slowed since June…
