![RBA governor Philip Lowe is set to give a "household debt, housing prices and resilience" speech on Thursday as the ...](/web/20170507094738im_/http://www.watoday.com.au/content/dam/images/g/s/5/6/i/c/image.related.landscape.460x307.gvwjtg.png/1493706680246.jpg)
Reserve Bank leaves interest rates on hold at 1.5%
"This is a clear indication that rate hikes are a distant prospect," JP Morgan analyst Sally Auld said.
Eryk Bagshaw is an economics reporter for the Sydney Morning Herald and The Age, based in Parliament House
"This is a clear indication that rate hikes are a distant prospect," JP Morgan analyst Sally Auld said.
Treasurer Scott Morrison has seized on a new report that shows house prices in Sydney and Melbourne are slowing to claim regulatory measures to easy Australia's housing affordability crisis are working.
Sydney house prices are set to suffer their first fall in 18 months, new figures show, in the wake of of strong action from regulators designed to curb the growth in investor loans.
Schools need certainty. It's not just pencils they need to budget for, it's speech therapy teachers or school counsellors, where every bit of money could makes a difference to a student's life.
Few seem to care about renters fate but, for once, a little help may be coming their way.
The Reserve Bank has warned regulators it could be forced to clamp down further on home loans and take more drastic action to cool the overheated housing markets.
One third of new mortgage owners have less than a month's buffer against financial instability, the Reserve Bank has warned.
Investors are being shut out of the market with value of home loans written falling by 6 per cent.
The Reserve Bank has held the cash rate steady amid growing pressure to lift rates to contain soaring home prices.
A cyclone the size of Debbie would have catastrophic consequences on the Gold Coast, new modelling has shown, as climate change pushes cyclones further south and building codes fail to keep up on the high-rise strip.
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