Wake Up Call: Will Australia move on house prices next?

Australian house prices rose by 2.8% in March alone.

Wed, 31 Mar 2021

Summary As Easter approaches with the traditional flurry of new initiatives and law changes to be implemented tomorrow on April 1, markets are consolidating and the NZ dollar is on the rise again. In comparison to New Zealand’s moves to curb house price rises, Australia is taking a wait-and-see stance.Australians wait and see While NZ has introduced taxation and lending regulations to curb rising house prices, regulators in Australia are waiting to see the effects of government wage subsidies and bank interest payment deferrals befor...

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