Chief executives from Australia’s big four banks will be appeared before a parliamentary committee last week to answer questions over controversies, scandals and limited rate cuts that have led to the Labor party calling for a banking Royal Commission during the election…
An analysis of house price and household income by Callam Pickering (a former RBA economist) has revealed that the gap has never been greater. In Pickering’s commentary, he went as far as saying it is almost ‘impossible’ for first home…
The housing finance data for May 2016 was released yesterday by the Australian Bureau of Statistics (ABS). The report showed that the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell again (down to 13.9% in…
On numerous occasions during the 2016 election campaign, various members of the Coalition have been asked to explain what policies or tax reform they will be introducing to address the housing affordability crisis for those aspiring first home buyers that…