May 2026 News Archive

Australia’s housing market on verge of downturn

Decline
Posted at 13 May, 2026

Australia's housing market looks to be on the verge of a downturn as higher interest rates and stretched affordability weigh on demand.......

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The Reserve Bank of Australia (RBA) lifts interest rates to 4.35%

Tweedle Dee Dumb
Posted at 06 May, 2026

The Reserve Bank of Australia (RBA) lifts interest rates to 4.35% At its meeting yesterday, the Board decided to increase the cash rate target by 25 basis points to 4.35%.......

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The Big-Four Banks recorded a total of $43 Billion profits in one year

Fat Cats
Posted at 06 May, 2026

The Big-Four Banks recorded a total of $43 Billion in profits for one year According to The Australia Institute data, Australia's big four banks (CBA, NAB, Westpac, and ANZ) generated approximately $16.......

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Median property prices in Australia’s major cities

3 Month Values
Posted at 06 May, 2026

Median property prices in Australia's major cities Cotality's national home value index rose 0.3% in April, the slowest pace of growth since January 2025, just ahead of last year's rate-cutting cycle.......

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