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UNEMPLOYMENT REACHES 4.7%The Reserve Bank of Australia (RBA) has a difficult balancing act ahead, following the release ...
16/10/2026

UNEMPLOYMENT REACHES 4.7%

The Reserve Bank of Australia (RBA) has a difficult balancing act ahead, following the release of the latest unemployment figures.

Australia's unemployment rate reached 4.7% in September, up from 4.6% in August and the highest level in nearly five years, according to the Australian Bureau of Statistics.
The number of employed Australians fell by 39,300 during September, although full-time employment actually increased by 34,400.

These figures matter because the RBA has two important objectives – keeping inflation under control and supporting full employment.

After four cash rate increases this year, taking the rate to 4.60%, there are signs that higher borrowing costs are weighing on economic activity.

The RBA will now need to consider whether another rate rise is necessary to contain inflation, or whether doing so risks weakening the jobs market further.

The latest data strengthens the case for leaving rates unchanged at its November meeting.

WHAT DOES A SQUARE METER OF PROPERTY COST ?We normally compare property markets using median prices. But another way to ...
15/10/2026

WHAT DOES A SQUARE METER OF PROPERTY COST ?

We normally compare property markets using median prices. But another way to look at value is how much buyers are paying per square metre.

A new PropTrack analysis found the median asking price for Australian houses in August was $1,535 per square metre – up 10.1% year-on-year.

But even within WA, location makes an enormous difference.

In WA, houses in Cottesloe have the highest average asking price at $8,913 per square metre, followed by East Perth at $8,565 and North Coogee at $7,282.

For units, Cottesloe also tops the list at $16,547 per square metre, ahead of North Fremantle at $14,074 and Applecross at $12,757.

Realestate.com.au economist Luc Redman said scarcity helps explain the premium in some expensive locations, with buyers prepared to sacrifice space to live in highly desirable areas.

At the other end of the spectrum, moving further from expensive inner-city locations can give buyers significantly more property for their money.

WHAT'S NEXT FOR INTEREST RATES?The Reserve Bank of Australia (RBA) has left the door open to further interest rate incre...
14/10/2026

WHAT'S NEXT FOR INTEREST RATES?

The Reserve Bank of Australia (RBA) has left the door open to further interest rate increases, although another rise is far from guaranteed.

Minutes from its September meeting, when the cash rate was increased to 4.60%, reveal growing concerns about inflation.

The board noted that higher global energy prices, stronger-than-expected domestic inflation and widespread business cost pressures had made it harder to bring inflation back to its 2-3% target range.

However, there are also signs that higher interest rates are working.

Household spending has slowed, property prices have fallen and demand for new housing loans has weakened.

The question now is whether those changes will be enough to bring inflation under control without requiring further rate rises.

The RBA has made it clear that its future decisions will depend on incoming economic data, particularly inflation, employment and consumer demand.

LISTINGS JUMP 21.6% OVER THE YEARAustralia’s property market has entered spring with considerably more homes available f...
09/10/2026

LISTINGS JUMP 21.6% OVER THE YEAR

Australia’s property market has entered spring with considerably more homes available for sale.

SQM Research recorded 276,839 residential listings in September – 2.6% more than in August and 21.6% more than a year earlier.

Some of the biggest annual increases occurred in Brisbane (+43.5%), Adelaide (+39.5%) and Melbourne (+30.3%).

Interestingly, new listings were up a much smaller 8.1% year-on-year. That suggests the increase in total stock isn’t simply because more vendors are listing their homes – properties are also taking longer to sell.

That could be welcome news for buyers. More properties sitting on the market generally means more choice, less pressure to make rushed decisions and greater negotiating power.

DOES BUYING IN THE CITY STILL PAY OFF.Location has always mattered in property – but "good location" doesn't necessarily...
08/10/2026

DOES BUYING IN THE CITY STILL PAY OFF.

Location has always mattered in property – but "good location" doesn't necessarily mean "closest to the C*D".

New analysis from Ray White chief economist Nerida Conisbee looked at house price growth in selected regional markets near five capital cities over the 10 years to March 2026.

Some of those markets substantially outperformed their neighbouring capitals.

For instance, around Melbourne, selected regional markets increased by about 86%, compared with 42% in Melbourne.

Around Perth, the comparison was about 133% versus 103%.

The figures highlight how property performance can be shaped by much more than distance from a city centre.

Affordability, infrastructure, employment, population growth and lifestyle can all influence where buyer demand – and price growth – ultimately ends up.

INFLATION BACK AT 4%The latest inflation figures show why the Reserve Bank of Australia (RBA) remains concerned about pr...
01/10/2026

INFLATION BACK AT 4%

The latest inflation figures show why the Reserve Bank of Australia (RBA) remains concerned about price pressures.

Annual inflation rose from 3.5% in July to 4.0% in August, according to the Australian Bureau of Statistics.

A major contributor was fuel. Automotive fuel prices jumped 14.8% in August as higher global oil prices combined with the unwinding of the remainder of the federal government’s fuel excise relief.

Housing was another significant contributor, with prices increasing 5.7% over the year.

At the same time, trimmed mean inflation remained unchanged at 3.6% for the third consecutive month, suggesting underlying inflation did not accelerate alongside the headline figure.

The RBA raised the cash rate to 4.60% at its September meeting and said inflation remained too high. The August figures suggest the battle against inflation is far from over, although the stability in underlying inflation provides some welcome context.

INTEREST RATES HIT 15 YEAR HIGHThe cash rate has reached its highest level in almost 15 years, after the Reserve Bank of...
30/09/2026

INTEREST RATES HIT 15 YEAR HIGH

The cash rate has reached its highest level in almost 15 years, after the Reserve Bank of Australia (RBA) increased it from 4.35% to 4.60%.

The decision means the RBA has now raised rates four times this year as it tries to get inflation back under control.

Annual inflation was 3.5% in July, while underlying inflation was 3.6% – both above the RBA’s 2–3% target range.

The RBA said previous rate rises were already having an impact, with financial conditions tightening and the economy slowing.

But with inflation still too high, the board decided another increase was needed – and hasn’t ruled out further increases if inflationary pressures persist.

HOUSING AFFORDABILITY GAP NARROWS FURTHER AWAY FROM THE CITYThe further Australian house buyers look from the C*D, the m...
28/09/2026

HOUSING AFFORDABILITY GAP NARROWS FURTHER AWAY FROM THE CITY

The further Australian house buyers look from the C*D, the more closely listing prices tend to match their budgets.

That’s one of the key findings from Domain’s 2026 Matching Demand Report, which compares the prices buyers search for with the prices of homes listed for sale.

Detached houses remain the least affordable dwelling type relative to buyer budgets, with seller premiums recorded across every inner-ring capital city market. But the gap generally becomes smaller through the middle and outer rings.

The outer suburbs provide the closest alignment in many capitals. Melbourne, Canberra and Perth, for example, are relatively close to balance, although affordability pressures have increased in some other outer-ring markets over the past year.

So while house prices remain challenging, the report shows there are significant differences depending on how broadly buyers are prepared to search.

FIVE WAYS AUSTRALIA MIGHT LOOK DIFFERENT IN 2066What might Australia look like 40 years from now?Treasury’s latest Inter...
25/09/2026

FIVE WAYS AUSTRALIA MIGHT LOOK DIFFERENT IN 2066

What might Australia look like 40 years from now?

Treasury’s latest Intergenerational Report offers some clues. These are projections rather than predictions, but they provide an interesting picture of how the country could change by 2065–66:

* Population = 39.3 million
* Life expectancy = 89.5 years for women and 86.1 years for men
* Australians aged 85+ = about three times as many as today
* Economy = more than twice its current size
* Real income per person = 55% higher

Australia’s population is expected to grow more slowly and become older, but Treasury also expects Australians to live longer, remain healthier for longer and enjoy higher living standards.

A lot can change over four decades, but the broad direction is one of a bigger, wealthier and longer-living Australia.

YOUNG BUYERS ARE STILL FINDING A FOOTHOLDDespite Australia’s affordability challenges, there are still pockets of the pr...
24/09/2026

YOUNG BUYERS ARE STILL FINDING A FOOTHOLD

Despite Australia’s affordability challenges, there are still pockets of the property market where younger buyers are still finding opportunities to buy.

Ray White economist Atom Go Tian analysed 2,415 areas across Australia to find places where the median age was under 35 and falling, investor ownership was below 22% and property prices had outperformed the wider market over the past decade. Just 30 areas met all those criteria.

Canberra had six areas on the list, while Perth and Sydney had nine each.

The patterns were quite different. Perth’s younger buyers were spread across the city, while all nine Sydney areas were concentrated in the West and South West. Canberra’s results were heavily focused on newer communities in Gungahlin and Molonglo Valley.

It suggests younger Australians haven’t given up on ownership – but where they can successfully enter the market is changing.

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