First-time home buyers who have been locked out of the property market where they live are buying houses in other states and becoming landlords instead. Karen Nguyen, who is in her 20s, works full-time for a tech start-up and is one of those young Aussies who has gone interstate toContinue Reading

Stage 3 tax cuts will fatten the wallets of all Australians, but an economist is warning the new taxation landscape contains dangerous inflation risks that could pummel mortgage holders with higher interest rates. It all hangs on how families decide to spend their uptick in wealth, Dr Nalini Prasad fromContinue Reading

Traders have bolstered their bets that the Reserve Bank will resume its run of interest rate increases, ascribing a more than 70 per cent chance of additional tightening by November. Speculation of another interest rate increase went into overdrive on Wednesday after hotter-than-expected inflation data, which came in at 4Continue Reading

Treasurer Jim Chalmers has ramped up his sell of Labor’s revamped tax cuts, releasing fresh analysis showing families are expected to pocket an average tax cut worth more than $3000 next financial year. The intervention comes as Opposition Leader Peter Dutton sharpened his attacks against Labor on Saturday, accusing theContinue Reading