Reserve Bank of Australia governor Michele Bullock (AAP Image/Mick Tsikas)

Business

Another hurdle for borrowers as RBA lifts rates for good measure

The Reserve Bank board has hiked interest rates another 25 basis points to 4.35 per cent despite believing that inflation had already peaked.

Business

New homes taking a year to deliver as industry calls for huge number of workers

House construction times have blown out to almost a year as the industry warns it would need almost half a million workers over the next two years to meet housing growth projections and replace workers that leave the industry.

Business

Brisbane house price growth to lead the nation but good luck finding one

The NAB has predicted strong price growth in Australian housing, led by Brisbane in 2023 with a 12 per cent rise and 6.5 per cent next year.

Business

RBA minutes raise concerns about another rate hike before Christmas

The RBA sent a shudder through the markets today with a warning that it was taking too long to reduce inflation.

Business

Super funds taking losses as interest rates, inflation hit markets

After strong returns in the last financial year, superannuation funds were heading into a second month of negative returns, according to Super Ratings.