Sydney houses could increase by another $76,000

86% of experts believe lockdowns won’t burst the property market

RBA keeps rates at 0.1%

Philip Lowe added the housing market will continue to be monitored

Longer-term plans needed to boost economy post-lockdown

Economy reliant on the property industry, says REINSW CEO

Wage growth not keeping pace with property

Wages are growing +1.7% a year, but house prices +18.4%

1 in 20 Australians in trouble if interest rates rise

Half of borrowers said they would renegotiate with their current lender

Interest rates to remain 0.1% through to early 2024: NAB

Current prediction is a rise to 0.5% in Q1 2024

Housing affordability and supply under investigation

Calls on government to “restore the Australian dream”

More lockdowns could tip us into recession

An interest rate rise is now highly unlikely in 2021, and even 2022

RBA keeps interest rate unchanged

However, Dr Lowe expects GDP to decline during Sep quarter