The Reserve Bank is expected to cut Australia’s already record-low interest rates later this year as house prices continue to plummet. 9News
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Home lending slump risks negative 'feedback loop' as buyers step backDemand for housing loans is dwindling from both investors and owner-occupiers, and some experts are warning the lending slump is creating a feedback loop that drives prices significantly lower.
Read more »
AV Jennings profit slumps as tighter lending conditions biteThe house and land developer says buyer confidence has “subsided” over the past six months and prices in the major established housing markets are “correcting” as a result.
Read more »
House prices to fall if lending laws changed, experts warnMooted changes to laws governing the way banks assess home would have a significant impact on the banking industry and possibly the economy, experts say | sdanck
Read more »
House prices to fall if lending laws changed, experts warnMooted changes to laws governing the way banks assess home would have a significant impact on the banking industry and possibly the economy, experts say.
Read more »
Construction slump intensifies, home building in sharpest slide since 2012The broad-based decline in construction activity is now hitting jobs and becoming a serious drag on the economy.
Read more »
JB Hi-Fi grows sales despite retail slump but warns of volatile conditionsShares in the electronics retailer enjoy a bounce after JB Hi-Fi increases its profit and sales in the first half of the financial year, however it is cautious about the outlook.
Read more »
Backflow backlash as property owners foot bill to keep water supply safeThousands of businesses in the NT are given just weeks to make sure their plumbing isn't creating a potential hazard to the local water supply.
Read more »
Woman fatally shot on property in Brisbane's south | Sky News AustraliaA woman has been fatally shot at a semi-rural property in Brisbane's southern suburbs.\n\nPolice were called to an address early on Saturday where they discovered the victim's body with apparent gunshot wounds.\n\nShe had been staying at the property with a man, who is believed to be her partner.\n\nThe man was not injured during the incident and is assisting police with their enquiries.\n\n\nImage: Queensland Police \u002F Facebook\n\n\n\n\n\n\n\n\n
Read more »
Police investigate shooting of woman at Karawatha propertyPolice respond to reports of a shooting at a semi-rural property in Brisbane and find the body of a 40-year-old woman.
Read more »
About 7700 properties still without power after Sydney stormsEndeavour Energy and Ausgrid are working to restore power to about 7700 Sydney properties after an intense burst of thunderstorms caused widespread outages.
Read more »