Reserve Bank of Australia Decides on Interest Rate Decision
The first of the big four banks has responded following the latest interest rate hike by Australia’s Reserve Bank. The RBA’s decision to raise the cash rate by 25 basis …
housing
Borrowers Prepare for Financial Strain Following Reserve Bank of Australia’s Recent Interest Rate Increase
Millions of Australian borrowers are facing financial difficulties following the latest rate hike by the Reserve Bank of Australia (RBA), according to a leading economist. The RBA increased the cash …
Potential bureaucratic obstacle may reduce green space in Contra Costa
Contra Costa County, once full of orchards and ranchlands, is now becoming more urbanized, with cities, highways, and encroaching developments. One way to slow the spread of urban sprawl is …
Millbrook Homes, Bentley Homes, and Toplace face financial distress, forced into liquidation or voluntary administration
Three additional Australian building companies have recently experienced financial collapse and are now in the process of liquidation or voluntary administration. The full extent of the impact on homes across …
SA budget prioritizes housing and health
Home is at the heart of the South Australian budget, with almost half a billion dollars to be spent on new affordable homes, public housing and help for almost 4000 …
Anthony Albanese promises $2 billion boost to public housing for states and territories
Thousands of new homes will be created for public housing tenants with state and territory governments set to receive a $2 billion boost within the next fortnight. Each state will …
Half of All Fixed Rates Set to Expire: Australian Borrowers Encounter Imminent ‘Mortgage Cliff’
Australian borrowers face falling off a “mortgage cliff” as their fixed rates expire and the Reserve Bank of Australia’s repeated hikes to the cash rate set in. Analysis by finance …
Housing Authority acquires senior housing complex in East San Jose
SAN JOSE — An affordable apartment complex for senior citizens in east San Jose has been acquired by a county housing agency, following the foreclosure of the property’s delinquent loan …
RBA Determines Interest Rates Amid Potential Recession and Inflation Easing
Australian mortgage holders can breathe a sigh of relief following the Reserve Bank of Australia’s decision to pause cash rate hikes. The RBA met on Tuesday and decided not to …
Potential Retail and Housing Development Site Sold by Oakley
The city of Oakley has agreed to sell a prime downtown city parcel to a contractor who wants to develop retail and housing there. The council on Tuesday approved the …