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| | | ... situation has just made it worse." The bill, directed at foreigners (including foreign investors and expats) aimed to make housing more affordable by reducing foreign investment; however, it did little to recognise Australian home owners who had followed ... |
| | | | ... Melbourne as much as 7% higher. Bloxham said stalled migration and rising unemployment were likely to drive an oversupply in housing. "Forecasting housing prices is difficult at the best of times, but at the moment it is particularly challenging," HSBC ... |
| | | | ... economic weakness," Cacho said. The current deferrals on 700,000 loans, worth $220 billion, have likely been insulating the housing market from higher levels of unemployment and lower incomes, he said. "It remains to be seen what will happen when these ... |
| | | | ... corporate earnings revisions and options prices - continued to signal caution," Alankar said. "Alas, as the magnitude of the housing crisis became apparent, the equities rally proved ephemeral and the market plunged to new lows the following March." ... |
| | | | ... the next decade." "Proactively respond rather than react." Belinda Allen, senior economist at Commonwealth Bank, said housing and business investment in likely to remain weak for a while longer. "Generally business investment falls quite a bit during ... |
| | | | ... it has already engaged with including property and infrastructure. "We have been doing some work with NHFIC (National Housing Finance and Investment Corporation), we participated in their bond aggregator issuances where we effectively provided cheaper ... |
| | | | ... ACT overtook NSW into third position with its highest ranking in over a year, leading the way on relative unemployment, housing finance and equipment investment. NSW slipped to fourth place, with South Australia and Queensland sitting in fifth and sixth ... |
| | | | ... big difference is that the length of contraction will be much shorter with less hangover from systemic risks such as the housing market in 2008. "This event will force investors to reset and reassess how they look at allocating to equities. Two areas ... |
| | | | ... Federal Reserve's Empire State Index plummeted 57 points to -78.2 in April, its lowest level on record, and the NAHB housing index, which rates builder confidence, tumbled to its lowest level since June 2012. Shaw and Partners senior investment adviser ... |
| | | | ... working from home for the first time due to COVID-19 when it comes to accurately completing their tax return," Minister for housing and assistant treasurer Michael Sukkar said in a statement. "The ATO has undertaken to review these arrangements in line ... |
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