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RBA warns of housing, worker inflation risk

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In a speech to an urban development conference in Sydney, the Reserve Bank's assistant governor , Philip Lowe said Australia has entered the current period of expansion with considerably less spare capacity than was originally thought to be the case. "Elsewhere, the challenge is to
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Mortgage pain on the increase

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Some 218,700 Australian households were at risk of having to sell, refinance or lose their homes in February, according to the Fujitsu Mortgage Stress-O-Meter, up 2 per cent from the previous month. ''Across Australia the average loan size since 2005 has risen by 40 per cent underlining that
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Mortgage pain on the increase | Australia"s housing crisis

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Comments 1 The number of households facing mortgage stress has risen to a 16-month high with increases in interest costs outweighing improvements on the jobs front. Some 218,700 Australian households were at risk of having to sell, refinance or lose their homes in February,
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RBA warns of housing, worker inflation risk

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In a speech to an urban development conference in Sydney, the Reserve Bank's assistant governor , Philip Lowe said Australia has entered the current period of expansion with considerably less spare capacity than was originally thought to be the case. "Elsewhere, the challenge is to
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Keating backs federal takeover of city planning

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Former prime minister Paul Keating says the Commonwealth should take a bigger role in large-scale planning and development in Australia's cities. Mr Keating addressed builders and developers at an Urban Development Institute 's national conference in Sydney today. He says
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