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Can AI fix Australia's housing crisis?
6+ hour, 30+ min ago (873+ words) This is a game changer. That's how Paul Scully, New South Wales Minister for Planning and Public Spaces, described the state government's launch of a tender for an artificial intelligence (AI) solution to the housing crisis earlier this month. The…...
Expert economists say rate rises this year are a certainty
3+ day, 7+ hour ago (393+ words) I know many of you are thinking rate rises this year are a done deal but let me show you what expert economists think is likely to happen. Goodbye holiday world! Welcome back to the real world. And yep, hello,…...
Trump wants a 50-year mortgage. Let's hope Australian banks aren't listening: here's how you'd be worse off
2+ mon, 4+ day ago (315+ words) President Trump, comparing himself to President Franklin D. Roosevelt (FDR) over the weekend, proposed the potential for a 50-year mortgage in a bid to lower housing costs. I'm no economist, but even I know that's actually a terrible idea. Here's how…...
First Homebuyer Scheme to push prices up, helping sellers not buyers
3+ mon, 3+ week ago (331+ words) Our Reserve Bank Governor says the Albanese Government's first homebuyer scheme will make it harder for first home seekers because it will add to the explosion in real estate prices nationally. While no one can argue that this isn't done…...
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