Australia’s housing market has now recorded 12 straight quarters of price growth - the longest run in more than a decade. Michael Thompson talks to Dr Nicola Powell, Chief of Research and Economics at Domain, about why Melbourne's recovery has accelerated, how Perth has become a million-dollar city, and what happens this year if interest rates increase.

Afternoon Report | ASX hits six-week low
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Super, property fight heats up; Aust loses cruise ships; Pentagon hunts leaks
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Q+A: Coal’s not going anywhere. So what do we do about it?
11:49