Tumbling house prices predicted for 2019,including by 11 per cent in some parts of Melbourne,are set to weigh on this year's election campaign.
Tumbling house prices predicted for 2019,including a 7 per cent fall in some Sydney suburbs,are set to weigh on this year's election campaign.
House prices in parts of Melbourne could fall another 11 per cent and drop by almost 7 per cent in parts of Sydney,new forecasts suggest.
In a world awash with liquidity and debt,moves by major central banks to unwind post-financial crisis monetary policies could have unpleasant repercussions in 2019.
For the first time,Boxing Day sale shoppers can use'buy now,pay later'services.
Treasurer Josh Frydenberg will deliver the best budget numbers in a decade on the back of soaring company tax.
Struggling customers can have almost twice the chance of having their plea for assistance granted,depending on the bank.
The total debt to the State Penalties Enforcement Registry has risen to $1.23 billion.
The Reserve Bank's second-in-command Guy Debelle says risky borrowing may not trigger an economic slump,but could accelerate a downturn.
Our household debt-to-income ratio has hit nearly 200 per cent,a rate that ranks among the highest in the world.
Australia's economy is most at risk in the developed world from household debt building up because of weak house prices and potential tax changes,says Morgan Stanley.