Stock Market Today: Live Updates 16.07.2026
LIVEMarkets rolling coverageStarted: July 16, 2026, 4:00 AM EDTUpdated: July 16, 2026, 8:51 AM EDT Sydney Home Ownership Slides to 1950s Level on Affordability Strain July 16, 2026, 8:41 AM EDT. Sydney’s home ownership rate is now at its lowest since the 1950s, as the affordability crisis pushes more buyers out of reach. Soaring prices are keeping first-time buyers out, and some young families are moving out of the city. KPMG, using rental bonds and Australian Bureau of Statistics numbers, points to the deepening problem. The pressure is mounting for the New South Wales government to push ahead with higher-density