A Reserve Bank board member is cooling fears over the rising prices of Australia’s property market.
Australia’s unemployment rate decreased 0.3 percentage points to 6.1% in August, according to the ABS
The heated housing market is preventing the Reserve Bank from making further cuts to interest rates, which are needed to push the exchange rate down
RBA governor Glenn Stevens has warned of housing bubble risk
The Property Council of Australia has praised yesterday’s repeal of the Energy Efficiency Opportunities (EEO) scheme, which could ease the pressure on Australia’s property market
The Reserve Bank has announced its cash rate decision