‘Doing what we want’: Labor stands by housing tax moves
Tax changes will help boost housing supply in the long run, even though a downturn is impacting new home sales, the housing minister says.
Tax changes will help boost housing supply in the long run, even though a downturn is impacting new home sales, the housing minister says.
The opposition is declaring the government's digital duty-of-care laws the "Big Brother bill", doubling down on its stance to block the reforms in parliament.
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.
The war in the Middle East is threatening to push oil prices back above the crucial $US100 a barrel mark and make inflation even harder to get back to target.
Allowing workers to divert a quarter of their super income to rent and mortgage payments won't pump up inflation, One Nation leader Pauline Hanson insists.
The business model of a crumbling development firm has been labelled strange and opaque, after workers were stood down and construction projects halted.
The property market is yet to shake off its winter chill as capital cities reported fewer auctions in the first week of the normally busy spring sales season.
Low productivity means Australia's economy is growing above its "speed limit", amplifying concerns the Reserve Bank will hike interest rates again.
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.
The median rental costs more than half the pay of an average worker in every Australian capital city, a report by Everybody's Home has found.
The Middle East conflict and higher interest rates have hit project feasibility for builders, as advocates call for a rethink of affordable housing.
The ACTU has called for a rise in the number of public houses built in its next policy fight, but the treasurer is confident the right settings are in place.
Rising interest rates were already softening mortgage demand from investors but Labor's tax changes in the federal budget deepened the dive.
Western Australian Premier Roger Cook has promised to fight any move to strip his state of its lucrative GST deal, saying changes could cost it billions.
A Liberal frontbencher has called on his party to slash the construction code, cut migration, tax big tech more and freeze the NDIS to fix Australia's malaise.
Commonwealth Bank home loan applications plunged after controversial changes to negative gearing and capital gains taxes, but it's hopeful of a recovery.
Federal Labor policy changes for capital gains tax concessions and negative gearing appear to have prompted a decline in mortgage applications.
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.
Australians who inherit an investment property from their partner won't lose their access to negative gearing, draft laws revealed by the treasurer confirm.
Home values have fallen at their fastest monthly rate in almost four years as an economist suggests prices could grow more slowly than incomes for a decade.
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.
The share of homes bought by investors compared to owner-occupiers is returning to levels seen prior to the federal budget.
Conservationists are warning beloved marsupials could become extinct in one part of Australia as a major theme park gets the green light on a new development.
A group campaigning for more housing construction has released an online atlas examining the zoning laws of each capital city in Australia.
Rising rents and falling real wages have squeezed young Australians, who find themselves no better off than previous generations.
Prospective home buyers are rethinking the type of properties they want to purchase in response to changes to negative gearing and the capital gains tax.
Recent falling house prices have barely eroded an affordability gap that has built up over years of rising values, as experts warn much more time is needed.
construction and property
economy, business and finance
house building
housing and urban planning
interest rate
lifestyle (house and home)
real estate
Australia's housing market is undergoing a broad-based downturn with interest rate rises and affordability pressures denting investor confidence.
Most property markets in Australia will slip in value over the 2026/27 financial year, but there are some outliers in latest data.