6 result(s) for “Housing”
Reserve Bank of Australia Deputy Governor Andrew Hauser said on Oct 21 the inflation outlook had deteriorated, lifting market odds of a fifth rate rise and forcing businesses and consumers to reassess borrowing and pricing plans ahead of the RBA meeting on November 3.
New data from the Commonwealth Bank and the Regional Australia Institute shows capital-to-regional migration in the June quarter matched the June 2021 record, with LGAs in northern Queensland among the fastest growing destinations. The shift is reshaping housing demand, local labour markets and business prospects across regional Australia.
IREN on October 14 publicly revealed plans for a 900 megawatt data centre campus near Wagga Wagga, New South Wales, proposing more than AU$10 billion in staged investment and targeting initial grid connection in 2029. The announcement comes weeks after a separate A$15 billion proposal for the same region and intensifies questions about electricity supply, local impacts and approvals.
On October 11, 2026, Australia’s business lobby groups intensified warnings that the government’s recent measures to curb temporary migration will squeeze labour supply, raise costs for employers and slow growth, after a fresh round of detail and industry reactions emerged.
Australia’s central bank and financial markets are contending with a fresh inflation impulse from rapid adoption of artificial intelligence, a development economists say makes further Reserve Bank rate rises plausible despite recent tightening and a cooling housing market.
Chinese robotics startup Spirit AI expects a major breakthrough in humanoid robot intelligence by mid-2027, when machines could understand natural-language instructions and carry out sequences of physical tasks with far greater autonomy.