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Freefall: home prices notch biggest drop in years
2+ hour, 44+ min ago (598+ words) Home prices have recorded the biggest monthly fall in almost four years as tax changes accelerate Australia's housing downturn. Sydney's median home price fell 1. 2 per cent to $1, 265, 608 in June, leading a nationwide decline of 0. 4 per cent, data from property firm…...
Welcome reprieve: RBA holds cash rate at 4. 35% | Western Advocate | Bathurst, NSW
2+ week, 21+ hour ago (19+ words) Welcome reprieve: RBA holds cash rate at 4. 35% Western Advocate Welcome reprieve: RBA holds cash rate at 4. 35%...
Sponsors jump on board, but can the latest winter festival break even?
3+ week, 6+ day ago (655+ words) THE organisers of the Bathurst Showgrounds Winter Festival are aiming to break even when the two-week festival comes to an end. The Bathurst Showground Land Manager Trust and Ace Attractions have partnered to ensure a winter festival remains on the…...
Why home prices in the regions are still rising while Sydney and Melbourne prices fall
4+ week, 3+ hour ago (631+ words) The regions have shown greater resilience amid a national property market slump, with housing values rising 0. 6 per cent across the combined regional areas in May. Nationally, the property market is slowing, but the news was better for homeowners who choose…...
Warsh says he'll lead 'reform-oriented' US central bank
1+ mon, 1+ week ago (345+ words) Kevin Warsh has been sworn in as the new head of the Federal Reserve, marking a new chapter after a strained relationship between the world's most powerful central bank and US President Donald Trump. Speaking after taking the oath of…...
Are you a winner or loser after this budget? What everyone most wants to know
1+ mon, 2+ week ago (921+ words) Treasurer Jim Chalmers handed down his fifth budget on Tuesday night, which included major tax changes and a cost-of-living sweetener. Find out if you are a winner or loser below. While it's nothing to retire on, there's a few modest…...
Budget handout claims fuel fears of further rate pain
1+ mon, 3+ week ago (494+ words) Treasurer Jim Chalmers must follow through on his promises of a disciplined budget or risk forcing the Reserve Bank to hike rates further, economists warn. After the RBA raised interest rates for a third consecutive time on Tuesday, economists were…...
Reserve Bank of Australia raises cash rate to 4. 35%
1+ mon, 3+ week ago (19+ words) Western Advocate Reserve Bank of Australia raises cash rate to 4. 35%...
Budget handouts on the table as inflation debate flares
1+ mon, 3+ week ago (538+ words) Working Australians are expected to be given a helping hand in the federal budget, as Anthony Albanese vows to stay vigilant about rising inflation. With one week until Treasurer Jim Chalmers hands down his fifth budget, senior ministers have been…...
Home builder cautious over war impact on supply chains
2+ mon, 1+ week ago (413+ words) One of Australia's biggest residential home builders is eyeing the Middle East conflict for potential impacts on its supply chains, after reporting an increase in property sales. Mirvac, which specialises in apartments and residential communities, benefited from a 12 per cent…...