Melbourne’s housing market has been forecast to switch gears from one of the nation’s worst performing capitals in the past two years to one of its best in 2025 and 2026.

Despite the effect of higher-for-longer interest rates and already high property prices, a new forecast picks the top performers.

The new consulting offering will be established as the big four firm’s once-mainstay defence practice continues to erode under a broader government crackdown.

Australian house prices are expected to struggle in 2025 in comparison to previous years, but they will take off again in 2026 according to a new report.

Historic Australian retailer Rivers will close its remaining 136 stores, resulting in 650 job losses, after the receivers for parent company Mosaic Brands failed to find a buyer. Receivers KPMG on Thursday said all remaining Rivers stores will close by mid-April, with the precise date of each closure depending on stock levels at each location.

As one of Australia’s leading economists, KPMG’s Terry Rawnsley will headline The Urban Developer Property and Economic Outlook Series this February in Brisbane, Melbourne and Sydney.

As Australian businesses navigate rapid changes, Liberty business loans provide support to create and maintain a competitive edge.

Hobart unit prices are tipped to climb by four per cent this year, compared to house prices at 1.8 per cent. Darwin apartment values are tipped to rise by 3.8 per cent, from a low base of $366,616, compared with 1.2 per cent for houses.

Adelaide-born businessman Rob Chapman says the election of ­Donald Trump as US President will move the “pendulum” right, but says the fundamentals of doing business will remain intact.

The Australian share market ended higher on Wednesday after the latest quarterly inflation data renewed hopes of an interest rate cut by the Reserve Bank in February.

Diversified national stock, merchandise and property agency service provider Nutrien has a new managing director, as current MD Kelly Freeman steps into a new global role within the company...Read Mor

Australia’s inflation rate has fallen to its lowest level in more than three years, paving the way for the Reserve Bank to deliver an interest rate cut in February.