Downsizer tax break not ruled out under housing reform
The Property Council argues stamp duty is a major barrier for downsizers, while Victoria's premier did not rule out a one-off exemption to free up family homes.
house building
Warning for national housing target after approval data
Peak construction bodies have warned that a boost in building approvals in July was not enough to hit the national target of 1.2 million new homes by 2029.
Hey big spender: home prices soar in Olympics host city
The launch of an eye-watering penthouse development targeting ultra-wealthy buyers is a sign of the times in one of Australia's hottest real estate markets.
Feeling the cold? Study shows newer homes are more cosy
Apartments and houses built in the last decade are more energy efficient and easier to cool or heat, a CSIRO study has revealed.
Rising property prices push loan sizes through the roof
Soaring real estate prices in mid-sized capitals has pushed the average new owner-occupier mortgage to record levels.
Signs of slow build back with home approvals sluggish
Interest rates, labour shortages and investor confidence are contributing to weak building approvals, but there are signs of recovery in detached homes.
Cheaper materials take edge off home-building costs
Residential construction costs have finally stabilised after a prolonged period of strong price growth put pressure on the industry.
Building insurance costs soar after companies go under
The demise of several big construction companies has triggered a massive jump in insurance premiums for homebuilders.
economy (general)
government
house building
housing and urban planning
politics
state budget and tax
Brisvegas is second most expensive after Emerald City
Brisbane is now the second most expensive city to buy a house, leapfrogging the nation's capital Canberra to sit behind Sydney for the first time since 1997.
Vehicle or hazard: electric car charge rules under fire
Property developers say installing electric car chargers in apartment buildings is becoming almost impossible due to inconsistent safety rules.
economy, business and finance
homelessness
house building
housing and urban planning
politics
real estate
Supply shortfalls set to exacerbate housing crisis
Housing affordability has worsened in Australia and could be set to deteriorate further but there is no easy fix on the horizon.
Renters sweating on rules to cool their homes
It's hotter inside some rental properties than outside for 8 hours a day in summer but renters are increasingly powerless due to cost of living pressures.
First homebuyer shared equity scheme clears lower house
A shared equity scheme allowing first homebuyers to buy a property with a two per cent deposit has passed the House of Representatives.
Households waiting on building insurance settlement
There was an unprecedented number of domestic building insurance claims after the collapse of builders like Porter Davis with more than 1000 claims not settled.
Rosehill owner bets big on $5b housing, metro plan
Turning a historic Sydney racetrack into homes for 55,000 people became a compelling opportunity once a $500 million metro station was put on the table.
Hefty fines for dodgy builders as ‘loophole’ closes
Builders who don't take out insurance on behalf of paid-up customers will face new offences under a legislative crackdown by the Victorian government.
Social housing data to become available in Queensland
Quarterly data on social and affordable housing will become publicly available in Queensland after the state government committed to its release.
Couple’s debt spirals after cousin’s house, land fraud
A Melbourne couple's debt has soared after their cousin defrauded them by offering a fake $388,000 house and land package, and pocketing the money for herself.
Funding for more Queensland social housing amid crisis
The Queensland government will build another 600 social homes across the state thanks to a federal funding injection of almost $400 million.
Call for Sydney minister to break city housing deadlock
An influential lobby group says a minister for Sydney would solve a political tussle over increased housing in the city's business centre.
Businesses trundling along, despite consumer caution
Australian businesses are still faring relatively well but consumers remain fearful, despite the interest rate hiking cycle drawing to a close.
Rental properties disappear in property sell-off
Hundreds of thousands of properties have fallen off the rental market amid a mass exodus of investors.
Rental pain at new highs with vacancies at record lows
There is no relief on the horizon for renters after national vacancy rates dropped to a record low of 1.1 per cent.
Consumers still cautious following RBA pause
Consumer confidence is still hovering well below long-run averages even with interest rates holding steady and a soft landing starting to materialise.
Rental crisis supercharges discrimination: top advocate
With vacancies at historically low rates across the country, the race to secure a rental is fiercer than ever and it is weighing on vulnerable communities.
Regional house prices fall as interest rates rise
House prices are down in most regional markets with real estate analysts pointing to interest rates and migration after the COVID-19 pandemic as factors.
Sydney going backwards on housing: NSW premier
Sydney is falling behind on building new homes compared with elsewhere in the country, despite being the most acutely affected by shortages and price hikes.
Dozens of families lose out in home-builder’s collapse
A liquidator has revealed dozens of families are in limbo and others have lost thousands after the collapse of Melbourne home-builder Bentley Homes.
Home builder Bentley Homes slides into liquidation
Melbourne-based Bentley Homes has collapsed, citing economic pressures, with the builder abandoning further works.
Families left in limbo as Bentley Homes collapses
Families and tradies have been left in limbo after the collapse of Bentley Homes and must wait until early next week before hearing from liquidators.
Porter Davis creditor talks fail to answer debt queries
Representatives of hundreds of creditors owed millions of dollars by builder Porter Davis have met liquidators for an update on getting their money back.