News
South Australians urged to keep building despite soaring costs
10+ hour, 16+ min ago (409+ words) Updated 1 May 2026, 3: 30pm First published 1 May 2026, 2: 00pm South Australians are being urged to keep building despite rising construction costs, as more homes are the key to ending the housing crisis. South Australians are being urged not to stop building properties. Housing Industry…...
National housing correction begins as prices fall across half the country
16+ hour, 1+ min ago (777+ words) Updated 1 May 2026, 11: 14am First published 1 May 2026, 4: 30am Australian property prices have hit a "turning point" after initially staving off some of the headwinds that have been rattling global markets since the Iran War started. Prop Track's Home Price Index released Friday revealed…...
Desperate homeowners face huge future cost for "kicking the can down the road
15+ hour, 31+ min ago (579+ words) Updated 1 May 2026, 10: 10am First published 1 May 2026, 5: 00am The debt trap just got harder for many Australians to climb out of, with rising interest rates and ongoing inflation putting borrowers under extreme pressure. Mortgage stress is on the rise, borrowing power is falling…...
Inflation surges to 4. 6% as oil spike flows through to food, transport costs
2+ day, 6+ hour ago (394+ words) Higher costs for housing, transport and food in March have set the stage for interest rates to rise once again next week, with inflation jumping to a near three-year high....
RBA battles for credibility ahead of first major inflation test
1+ week, 2+ day ago (490+ words) Public belief that low and stable inflation can be maintained in Australia is crucial to the Reserve Bank's credibility, assistant governor Sarah Hunter has warned....
RBA calls for "rock solid" government support; says monetary policy "can"t solve everything"
2+ week, 5+ hour ago (339+ words) The Reserve Bank needs "rock solid support from governments" as it makes hard decisions over how to reign in inflation, deputy governor Andrew Hauser says....
Australia's housing market splits as big cities lose momentum
20+ hour, 30+ min ago (389+ words) Rate rises have put the brakes on house price growth in Australia's biggest cities, but values across the rest of the country are still climbing higher....
Why is the RBA set to hike our cash rate when other countries are holding out?
7+ hour, 55+ min ago (972+ words) Hope Coumbe, Finance Editor First published 1 May 2026, 4: 10pm Australia appears locked in to buck global trends next week with yet another interest rate rise, placing pressure on already stretched households. As inflation continues bite, the Reserve Bank is widely expected to…...
$134k surge: Gold Coast home prices defy borrowing power shock
10+ hour, 55+ min ago (536+ words) Updated 1 May 2026, 11: 23am First published 1 May 2026, 9: 36am Gold Coast home values jumped 12. 28 per cent in 12 months - a rise of about $134, 000. The Prop Track Home Price Index, released Friday, shows Gold Coast dwelling values jumped 12. 28 per cent over the past year to a…...
How rising living costs are already tightening budgets before RBA decision
3+ day, 15+ hour ago (683+ words) David Bonaddio, Real Estate Reporter Updated 28 Apr 2026, 6: 48am First published 28 Apr 2026, 5: 00am Families are already feeling the squeeze as a "hidden" rate hit from petrol and living costs bites ahead of the next RBA decision. Families have already been hit with the…...