RBA welcomes house price growth slowdown
RBA deputy governor Philip Lowe says regulatory measures and increasing housing supply are slowing the rate of residential property price growth.
A SENIOR Reserve Bank official has welcomed slowing rates of property price growth and is hoping for a soft landing for the housing market.
AMID growing fears a property bust could spur a recession, RBA deputy governor Philip Lowe said regulatory measures and an increase in housing supply are slowing the rate of residential price growth.
Worrying sign for home buyers after rate cut
The Australian housing market has surged on the back of interest rate cuts, completely reversing a soft start to the year.
Star Entertainment enters into trading halt
The embattled Star Entertainment Group has failed to lodge its half-yearly results with the ASX.
Millions of Aussies to get rate cut today
Rate relief for millions of Australians starts on Friday as the first of the big four banks finally pass on the RBA’s rate cut to mortgage holders.