05 March 2019 | Daily Top Story: Reserve Bank says housing won’t ‘derail the economy’ but tight-fisted bosses might
The Reserve Bank governor has issued his strongest call yet for bigger pay rises, telling a parliamentary committee that weak wage rises are a bigger threat to the economy than falling house prices. Key points: RBA governor says price falls “put our housing markets on more sustainable footings” Dr Lowe calls for minimum wage increase […]
Australia’s property market might be on shaky ground right now, but in the few short years leading up to 2017, major housing markets soared by more than 50 per cent to eye-watering prices. According to the Australian Bureau of Statistics, the amount of investor cash pouring into Australia’s housing market has halved since the midst […]
Borrowers may have to pay an upfront fee when their home loan is arranged, in a move applauded by consumer advocates but which mortgage brokers say would devastate their industry. The new fee, one of the most contentious changes recommended by the final report of the Hayne royal commission, would kill off one of the […]
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A recently launched sales app that’s free for solar retailers and installers aimed at getting more solar onto roofs may also help control Australia’s growing problem with substandard solar installation designs and retailing. The app called OpenSolar claims to be the world’s first free, end-to-end solar enterprise application. It’s white-labelled, meaning that solar outfits […]