In ABC News

Despite rocketing rents and property prices, a key RBA housing analysis group hasn't met for a year

in ABC News  

Rents have rocketed and property prices are hot, but the Reserve Bank of Australia (RBA) has changed the way it looks at the market and a key analysis panel that examines housing issues has not met for more than a year.

The Housing Market Discussion Group brought together internal experts to share insights on household budgets, the lending markets and the stability of our financial system.

It hasn't met since September 8 2022.

Documents sought through the Freedom of Information (FOI) process reveal the most recent meeting of the group — also known as the Domestic Housing Community Meeting — was one day after the central bank hiked interest rates for a fifth time.

via Mojo

COVID cases are rising across Australia. Here's a rundown of the latest advice

in ABC News  

Australia appears to be on the cusp of an eighth COVID-19 wave, with an increase in cases across the country. 

Victoria's acting chief health officer has suggested all Melburnians consider donning masks again as community transmission surges, while NSW chief health officer Kerry Chant says case numbers will likely rise in the lead-up to Christmas.

via Daniel Bowen