News

House prices rise post-interest rate cut in Australia

House prices rose 0.3% in February after interest rate cuts, with Melbourne showing significant gains amid affordability issues.

Published

7 months ago

March 3, 2025

Ahron Young

House prices rose 0.3% in February after interest rate cuts, with Melbourne showing significant gains amid affordability issues.

In Short

House prices in Australia have rebounded following an interest rate cut, with notable gains in Melbourne and Hobart, although rental growth has slowed. Despite increased buyer competition and challenges for first-time buyers, analysts do not anticipate a significant housing boom, as further rate cuts would be necessary to stimulate the market.

House prices have shown a rebound following an interest rate cut by the Reserve Bank of Australia.

CoreLogic reported a 0.3 per cent national rise in property values for February, signalling a recovery from a brief decline. Melbourne and Hobart experienced notable gains, while rental growth slowed to 4.1 per cent over the year, marking the smallest annual increase in years.

Experts suggest that lower interest rates enable buyers to secure larger loans, thus driving up housing prices. The recent rate cut has improved market sentiment, preventing a potential decline in property values that was anticipated due to affordability issues.

Rising prices

Homebuyers, however, are facing challenges; lower rates often correlate with rising prices, creating a catch-22 scenario. Some individuals, like first-time buyers, express frustration with being outbid at auctions due to increased competition.

While the current cash rate stands at 4.1 per cent, analysts do not expect a significant housing boom despite the rebound. Economists indicate that substantial further rate cuts would be needed to ignite growth in Australia’s high-priced markets.

In Victoria, home prices remain affordable relative to income growth, drawing first home buyers. The state has experienced slower price increases than others, influenced by increased housing supply and recent regulatory changes affecting investors.

News

Violence broke out in The Hague

Violence erupts in The Hague as police clash with anti-migration protesters, leading to arrests and injuries ahead of elections.

Published

2 hours ago

September 22, 2025

ticker NEWS

Violence erupts in The Hague as police clash with anti-migration protesters, leading to arrests and injuries ahead of elections.

Violence broke out in The Hague as Dutch police deployed tear gas and water cannons to disperse thousands of anti migration demonstrators. The protest, organised by a right wing activist just weeks before a national election, turned chaotic with thirty people arrested and two officers injured.

Protesters waved Dutch flags and far right symbols while clashing with authorities, throwing rocks and bottles. A police car was set alight, a highway was blocked, and the headquarters of the centre left D66 party was vandalised, with its leader condemning the destruction as an attack on democracy.

Far right leader Geert Wilders, who currently leads in opinion polls, condemned the violence despite being invited to attend.

#Netherlands #Protests #Migration #TickerNews

News

Elon Musk was seen at State Farm Stadium

Elon Musk attended Charlie Kirk’s memorial, joining Trump and VIPs at a major political event in Arizona.

Published

2 hours ago

September 22, 2025

ticker NEWS

Elon Musk attended Charlie Kirk’s memorial, joining Trump and VIPs at a major political event in Arizona.

Elon Musk was seen among tens of thousands of mourners at State Farm Stadium in Glendale, Arizona, where a memorial service was held for conservative activist Charlie Kirk. The stadium, filled with attendees wearing red, white, and blue, became the stage for one of the largest political memorials in recent history.

Musk joined a high-profile guest list that included President Donald Trump, Vice President JD Vance, Secretary of State Marco Rubio, and media figures such as Tucker Carlson. His presence underscored the mix of politics, culture, and celebrity that surrounded the event.

#ElonMusk #CharlieKirk #Arizona #TickerNews

News

Snipers rev up crowds at Charlie Kirk’s memorial service

Thousands gathered for Charlie Kirk’s memorial, blending remembrance with spectacle amid heavy security and Secret Service snipers.

Published

2 hours ago

September 22, 2025

ticker NEWS

Thousands gathered for Charlie Kirk’s memorial, blending remembrance with spectacle amid heavy security and Secret Service snipers.

At Charlie Kirk’s memorial service in Phoenix, thousands of supporters gathered for an event that blended solemn remembrance with political spectacle. The security presence was immense, resembling the scale of a state funeral or even a major sporting event.

From the rooftops, Secret Service snipers became an unexpected part of the performance, drawing loud cheers from mourners below. Their presence highlighted the extraordinary security measures put in place for the controversial conservative activist.

#CharlieKirk #USPolitics #Memorial #TickerNews