Auction clearance rates fall to lowest level since pandemic, reflecting ‘lack of confidence’
Auction clearance rates have hit levels not seen since the start of the COVID-19 pandemic, falling below 50…
Indonesia’s central bank hikes rates again, totaling 1% in span of a month
Markets Bank Indonesia sees 5.75% interest rate as stabilizing the rupiah and preventing capital outflows Bank Indonesia raised its…
Brisbane City Council brings in 3.97 per cent rate hike in 2026/2027 budget
Brisbane home owners will face a general 3.97 per cent rate hike, with Brisbane City Council attributing it…
ACT budget papers reveal rising rates and a delayed surplus, as health levy scrapped
After weeks of build-up, the full details of the ACT’s budget have been revealed. And after dealing Canberrans…
Sydney council to charge pop-up picnics, dog walkers and gender reveal parties for using parks
Pop-up picnic vendors, dog walkers and those planning a gender reveal will soon be forced to pay hundreds…
Australia’s interest rate rise comes as other countries maintain theirs. Why?
As Australian mortgage holders grapple with rising repayments, some countries have not seen interest rate rises in years.…
Housing market ‘levelling out’ as interest rate hikes place pressure on buyers
Elevated interest rates have trimmed the borrowing capacity of prospective home buyers, as many agents report the housing…
Why the jobs data suggests New Zealand’s recovery is already underway – Cecilia Robinson
That response told me something important. We are not just passive observers of economic sentiment. We participate in…
Darwin lord mayor defends proposed 5.5 per cent rates rise but no new major projects on the cards
Darwin council has defended a 5.5 per cent rates hike as part of its upcoming budget despite not…
ASB hikes mortgage rates by up to 20 basis points
The largest increase is to ASB’s five-year mortgage rate, which jumps 20bps to 5.89%. Adam Boyd, ASB’s executive…
Household spending up in March as fuel costs surge, over-65s lead spending growth, CBA data shows
Australians spent more last month as the outbreak of the Iran war drove up petrol prices and older…
Millions of home borrowers face more pain as costs rise at the pump
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