Housing downturn forecast to run up to 15 per cent
Home owners are being warned house prices could keep falling until the second half of 2027 and are unlikely to bounce back quickly.
Home owners are being warned house prices could keep falling until the second half of 2027 and are unlikely to bounce back quickly.
Renters and home-owners are likely to be in pain for some time yet as a fight picks up over whether tenants should be protected by caps.
Australia's housing construction pipeline is the largest it's been, but headwinds are growing as the nation aims to build 1.2 million homes in five years.
Australia's auction clearance rates have dropped to nearly their lowest levels of the year as another interest rate rise eats into buyer budgets.
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DALLAS, Oct. 1, 2026 /PRNewswire/ -- Icon Global announces the return to market of Turkey Track Ranch, one of America's great legacy ranches, at $180 million, including a 25% mineral stake. Spanning nearly 80,000 acres under one fence, the Texas Panhandle legacy ranch brings together significant water resources and more than a century of Coble and Whittenburg family ownership.
Australia's borrowers and lenders are resilient enough to navigate financial troubles ahead, the RBA believes, as it releases its stability temperature check.
A joint venture is through to the next stage of talks in a major step on the road to delivering the 63,000-seat, 2032 Olympics' main stadium in Brisbane.
Australia's deficit for the past financial year is smaller than expected, but rising borrowing costs mean the fiscal outlook is still gloomy.
A recently deposed premier will be called to give evidence at a royal commission into alleged corruption on taxpayer-funded building sites.
Bringing migration down will disarm those who have weaponised one statistic against the government, but it's not clear that will happen, experts say.
More than three in five homes listed for auction converted to private treaty in July, the highest rate since the 2022 downturn, property site Domain has found.
Rising seas and storm surges could cost Australia more than $855 billion, endangering homes, businesses, infrastructure and land.
The economic benefits of AI adoption are beginning to flow in Australia, with about 15 per cent of tasks and occupations set to be replaced by 2060.
The business model of a crumbling development firm has been labelled strange and opaque, after workers were stood down and construction projects halted.
Federal police have raided the Melbourne house of a former CFMEU heavyweight as part of an investigation into alleged corruption in Victoria's building sector.
Property prices in major capitals are set to fall even further, one of the big four banks has cautioned, following a further downturn in the last month.
Insolvency experts have been called in to help rescue a major property developer which has thousands of homes to build across three states.
Data centre regulation could be like the social media ban and become the next area of technology Australia leads the world in, the prime minister says.
Colombia's President Abelardo de la Espriella has asked US President Donald Trump to suspend tariffs to help Colombia recover from a devastating earthquake.
A major agricultural show will celebrate its 150th year, buzzing with news of an upgrade of almost $300 million to be completed ahead of the 2032 Olympics.
Businesses seeking office space are gravitating to the most expensive end of the market even if it means paying more up front, fresh data suggests.
A sharp decline in property prices has sparked fears of negative equity but less than three per cent of houses sold for a loss in the first half of 2026.
Victoria's opposition is calling for past premiers to face a construction industry corruption probe as the state's current leader pledges to appear if needed.
A threat to walk out and a spirited defence of his work have featured in evidence at an inquiry from the lawyer who triggered a royal commission into the CFMEU.
The number of dwellings granted approval has hit a five-year high, but national housing levels still lag behind federal targets.
Removing layers of rules and having the political will to stand up to NIMBYs are among a raft of measures put forward to fix Australia's housing crisis.
With more than a dozen venues yet to be built or upgraded, the pressure is on Brisbane 2032 Olympics organisers after arriving at a key milestone.
A former construction boss has compared a long CFMEU intimidation campaign to a frog slowly being boiled alive, saying it pushed him to breaking point.
A group campaigning for more housing construction has released an online atlas examining the zoning laws of each capital city in Australia.
The time to build a new home in Australia has fallen by 10 per cent in two years but the country is still falling behind the pace on its 1.2 million target.
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Australia's housing market is undergoing a broad-based downturn with interest rate rises and affordability pressures denting investor confidence.