WA a “clear outperformer” in anticipated housing price growth and the state with the highest sentiment among property industry professionals, a NAB survey shows.
Treasurer Josh Frydenberg says the surprising strength in Australia's labour market has justified ending the JobKeeper wage subsidy, despite calls for it to be extended.
Western Australians are keen to buy new homes and investment properties, much moreso than in the rest of the country, but existing owners are unwilling to sell, a survey by National Australia Bank has found.
Big banks have warned that customers and shareholders will carry the cost of the federal government's surprise $6.2 billion levy on Australia's largest financial institutions.
House prices are expected to continue falling in Western Australia, with a survey of property professionals showing sentiment in WA is by far the worst of any state.
Calls are mounting for a Reserve Bank of Australia interest rate cut tomorrow despite new figures pointing to a very favourable business environment for Australian firms.