Deputy governor Andrew Hauser likened Australia’s economy to a racehorse ready to sprint — but beneath the rhetoric lies stagnating productivity, rising business closures, and jockeys that keeps flogging the same tired mount.
Tagged: RBA
Prices fall, as well as affordability: housing paradox
Our brand new housing affordability index reveals that even though the latest available ABS figures (December 2018) show a drop of 2.4% in average house prices in the last quarter of last year, houses were actually 1.2% less affordable at the same time