New data out today confirms Perth's residential property market has yet to show signs of a turnaround, but one industry figure says the sector is close to the bottom of the cycle.
The Reserve Bank of Australia has cut interest rates to an all-time low, but already economists are wondering if more will be needed to get the country's economy moving.
The Reserve Bank of Australia has resisted temptation to slash interest rates to another historic low, but has flagged the possibility of cuts in the near future.
The Reserve Bank of Australia has cut the official cash rate by 25 basis points to 2 per cent, saying the outlook for inflation helped shape its decision to reduce rates to a new historic low.
Perth will need to build an extra 800,000 homes over the next 35 years to accommodate population growth, a new report has concluded, and nearly half of these homes will need to be in existing suburbs.
