Search Results for: Jim Chalmers
-
INDUSTRY NEWS
Rent assistance forms part of first surplus Federal Budget in more than a decade
Cost of living relief has formed the centrepiece of Jim Chalmers’ second Budget in under a year, with the treasurer delivering a surplus for the first time in 15 years.
Read More » -
NEWS
Everything in the Federal Budget for real estate
Treasurer Jim Chalmers has delivered Labor’s first Budget in almost a decade, labelling it “a responsible budget that is right for the times and readies us for the future”.
Read More » -
INDUSTRY NEWS
The worst is yet to come on interest rates and the economy: Treasurer
Federal Treasurer Jim Chalmers has warned homeowners there will likely be more pain ahead as interest rate rises start to weigh on the economy.
Read More » -
NEWS
New laws aim to boost foreign investment in build-to-rent in Australia
The Property Council of Australia has welcomed the introduction of legislation to lower foreign investment application fees for build-to-rent projects as a move that will boost investment in new rental supply.
Read More » -
INDUSTRY NEWS
Foreign investment fees up, aiming to ease Aussie housing crisis
The Federal Government will triple foreign investment fees for the purchase of established homes and double ‘ghost house’ fees for foreign-owned dwellings in a bid to boost Australia’s housing stock.
Read More » -
INDUSTRY NEWS
Andrew Hauser appointed Deputy Governor of the RBA
The Federal Government has appointed Andrew Hauser as Deputy Governor of the Reserve Bank of Australia (RBA) for a five‑year term.
Read More » -
OPINION
No, the RBA review won’t mean handing the bank’s decisions to part-time outsiders
Misinformation is circulating about recommendations concerning the Reserve Bank board made by the RBA Review, of which I was a member.
Read More » -
INDUSTRY NEWS
Odds of an August rate hike slashed as inflation cools
There might be relief ahead for mortgage holders with the odds of an August rate hike slashed after a softer-than-expected inflation reading.
Read More » -
OPINION
RBA’s risky gamble: interest rate hikes aimed at damaging the economy
Reserve Bank Governor Philip Lowe and his board have pushed up interest rates yet again – for the twelfth time in 14 months – because they want to damage the economy further.
Read More » -
INDUSTRY NEWS
Aussie renters feel ‘left out’ of the Federal Budget despite new housing initiatives
More than half of Australian renters say they’ve been ignored in last week’s Federal Budget, with a further 25 per cent saying the government measures aimed at fixing the housing crisis don’t go far enough.
Read More » -
INDUSTRY NEWS
RBA to undergo massive shake-up after review
The Reserve Bank of Australia will undergo a major shake-up that will see the governor hold a press conference after each meeting on interest rates to explain the decision to mortgage holders.
Read More » -
Australia’s banks under intense scrutiny over interest rates
Australia’s banking sector is under the microscope with the big four bank bosses and the Reserve Bank governor to be hauled before several Federal Government committees to be quizzed about rising interest rates.
Read More » -
Inflation figures bounce back in November
New inflation data from the Australian Bureau of Statistics shows the consumer price index rose 7.3 per cent in the twelve months to November, up from October's 6.9 per cent.
Read More » -
NEWS
Is the Federal Government’s one million home plan already in jeopardy?
The Housing Industry Association (HIA) has warned the Federal Budget goal of creating one million new homes in five years could already be on rocky ground.
Read More » -
NEWS
Property industry says Budget addresses housing supply but not affordability
The property and housing industries have largely welcomed Tuesday's Federal Budget as a good start to solving Australia’s housing supply crisis, but many said more could be done to address affordability.
Read More » -
INDUSTRY NEWS
Real estate’s wishlist for the Federal Budget
With the Treasurer readying to unveil a Federal Budget that’s expected to be heavily focused on the cost of living, the Real Estate Institute of Australia has outlined a wishlist of items it hopes to see included.
Read More » -
INDUSTRY NEWS
REIA welcomes the opposition’s regional focus
The Real Estate Institute of Australia (REIA) has welcomed the focus on regional living with the announcement the Leader of the Opposition wants to provide 10,000 places within the First Home Loan Deposit Scheme (FHLDS) for regional Australians living in communities for 12 months or more.
Read More » -
NEWS
Industry leaders respond to Labor’s negative gearing pledge
ALP leader Anthony Albanese has pledged his part will not restrict negative gearing or increase capital gains tax if they win the next election.
Read More »