Developments in housing prices are of interest to households, policy-makers and those involved in the housing industry. This has been the case both in Australia and in other countries where house price developments are having significant macroeconomic impacts. However, the construction of...

What sources of information do consumers use in forming their inflation expectations? We show for the United States and Australia that consumers report significantly lower inflation expectations when the political party they support holds executive office. This is surprising because both the...