Optimism Grows as Rate Cuts LoomNational Australia Bank CEO Andrew Irvine has struck an optimistic tone for the Australian economy, predicting a sharp drop in interest rates to 2.6% by early 2026. He expects the Reserve Bank of Australia (RBA) to begin cutting rates this month, starting with a bold 50 basis point move. If this happens, households could start to feel real financial relief, with each rate...
Australian home values have risen for the third consecutive month, according to the latest data from Cotality (formerly CoreLogic). April saw a modest national increase of 0.3%, pushing the property index to a record high. Despite these gains, affordability issues and uncertain consumer sentiment continue to influence the market. Post-Election Expectations Experts like REA Group’s Anne Flaherty...