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The Latest Breaking News from Saul Eslake

‘Don’t be fooled’: Victorian Labor is spruiking feel-good budget policies, but there are hints of cuts to come

The premier has been upbeat but there are signs of cuts to come, and one analyst warns the state’s financial strategy needs a ‘course correction’

The Guardian - AU

The housing policies of both major parties are bad for Australia’s aspiring homebuyers

The plans would exacerbate the problem they say they are trying to solve – rising property prices

The Guardian - AU

Policy no quick fix with housing 'too far out of reach'

An economist has warned election policies for first homebuyers risk pushing prices up when many aspiring home owners think they're already beyond reach.

AAP

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Election Diary: Liberal and Labor launches focus on housing, but who thinks either side can fix that crisis any time soon?

If anyone had any doubts before, Sunday’s Liberal and Labor launches highlighted that this election is an auction for votes, in particular those of the under 40s and people in the outer suburbs.

The Conversation

Peter Dutton is painting a grim picture of the past three years. How do his claims stack up?

The opposition leader’s election pitch maintains Labor has presided over a litany of price rises – but experts say some problems began on Coalition’s watch

The Guardian - AU

Labor gets tick on tax cut, Liberal fuel plan sputters

Labor's election tax cuts will provide a "meaningful" boost to the economy, while the coalition's fuel excise cuts have been labelled economically "silly".

AAP

Plans to help more into 'disaster' housing market

Aspiring homeowners could secure a cheaper mortgage and lower deposit by letting the government take a stake, but Peter Dutton questions whether they want to.

AAP

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Trump's second honeymoon sets rocky markets scene

Stretched valuations, risk of a US recession and lingering geopolitical issues have set the scene for an unsteady 2025 for global and Australian shares.

AAP

Leading economists call out coalition's inflation claim

As the economy looks set to be front and centre in the election campaign, one of the coalition's leading inflation claims has been called "a joke" by experts.

AAP

Dutton prays for rate cut as RBA enters conclave

Economists say a major reduction in mortgage rates this year is unlikely, even though the Reserve Bank board is widely tipped to deliver a cut on Tuesday.

AAP

Home building to pick up in 2025, but only modestly

Housing construction is expected to ramp up this year but labour shortages, builder insolvencies and higher global inflation pose headwinds.

AAP

Productivity slump worsens Australia's deficit dilemma

Australia needs to get productivity growth back on track to pay for structural spending increases and avoid endless deficits, economists warn.

AAP

Victoria to axe its last EV incentive while increasing levies on property owners

Registration discount for electric vehicles to end as government introduces higher levies to fund emergency services

The Guardian - AU

Blockbuster: will Victoria’s tough housing market push The Block into the red?

Some predict the TV show will lose money this season as investors exit property and contestants face ‘a buyer’s market’ at auction

The Guardian - AU

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The Guardian - AU

How will Donald Trump’s victory affect Australia’s economy? Here are some clues

The biggest uncertainty – for shares, inflation and rates – is whether the president-elect acts on promises such as hefty tariffs, and how soon

AAP

Grave robbery: state accused of death tax by stealth

Wealthy families are being targeted for a massive hike in fees for settling inheritance after the death of a loved one.

The Guardian - AU

Inflation may be about to hit a three-year low. Does that mean the cost-of-living crisis is over?

Not really, because CPI is just one factor. A better measure of how we’re faring is household disposable income

AAP

Inflation green shoots could spell earlier rates relief

A cooling rental market and slower pay growth hint at a disinflationary pulse some economists hope could deliver borrowers an early Christmas present.

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AAP

More adult vaccines could unlock $1.1bn for economy

By raising its level of adult immunisation to the same rate for children, Australia could unlock huge economic benefits, researchers say.

The Guardian - AU

How the most affluent Australians disproportionately benefit from negative gearing

Those in the top tax bracket three times more likely to be negatively geared property investor, says economist

AAP

Don't put money on rates relief soon, borrowers warned

Mortgage-holders should not get their hopes up for near-term relief, says a hawkish Reserve Bank governor as the cash rate was again held at 4.35 per cent.

AAP

Reserve Bank to hold the line despite US Fed cut

The Reserve Bank is unlikely to give interest rate relief to borrowers at the September meeting as Australia's inflation rate still has fight left in it.

The Guardian - AU

‘Stop doing dumb stuff,’ economist warns as housing affordability in Australia slips

Saul Eslake says decades of ‘bad policies’ have inflated demand as report finds about 20% of households effectively ‘locked out’ of the market

AAP

Top economist says Libs' housing plan is a bad idea

A leading economist has derided the coalition's plan to let people use super for housing as "one of the worst policy decisions" of his lifetime.

The Guardian - AU

Coalition plan to give first home buyers access to super would benefit ‘those who already own housing’

Saul Eslake report finds plan would cause Australian property prices to rise at a faster rate

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