PM stares down political rivals after landslide victory
Labor will move to cut student debt as its first re-election priority with the prime minister claiming a mandate to press forward with housing reform.
Labor will move to cut student debt as its first re-election priority with the prime minister claiming a mandate to press forward with housing reform.
Even workers in full-time jobs struggle to meet rental costs, charities say, while those with less income are going without essentials.
More struggling, noodle-eating students are moving in together as rents soar in cities and pledges to fix the housing crisis dominate the federal election.
The supply of homes is increasing but prices are still at record highs, with $1 million properties the norm facing buyers in a record five Australian cities.
Australians wanting to buy their first home and taxpayers looking for cost of living reprieve have become the centrepiece of the major parties' pitches.
Federal Labor has ruled out changes to property tax handouts, but the Greens will try to force the party to act on the issue if there's a hung parliament.
Home values have surged as the multi-trillion dollar market continues to grow, with banks adjusting student debt calculations to help borrowers keep up.
Rents remain at record highs in every capital city despite a slowdown in price growth, says a report that finds low supply leaves landlords with the upper hand.
Tackling housing instability is key to securing an election win, with Labor vouching for build-to-rent while the coalition says Australians should own a home.
"Almost nobody" is expecting an interest cut, the treasurer says as the Reserve Bank's new rate-setting board meets with an election campaign in full swing.
Home sellers notched a record profit in last three months of 2024 but not every property owner will be so lucky in the future, real estate researchers warn.
Aspiring homeowners could secure a cheaper mortgage and lower deposit by letting the government take a stake, but Peter Dutton questions whether they want to.
The difficulty of businesses finding young labour has been highlighted as tenant-empowering reforms are due to hit Australia's least-affordable housing market.
First homebuyers and renters struggling to find a home are being offered some hope in a budget that bakes in $33 billion in measures to improve affordability.
Australia is expected to fall hundreds of thousands of homes short of its housing target but reforms could bring it back up to speed and help renters.
There are signs the housing market in normalising five years after the COVID-19 pandemic sent home values soaring across Australia.
Australians raiding their super balances for housing could boost home ownership but may result in a jump in prices, economists say.
Two capital cities are leading the housing market higher as buyers look to get ahead of a wave of demand as interest rates finally fall.
House prices have rebounded to record highs after the Reserve Bank's rate cut boosted sentiment and improved Australians' borrowing power.
Fresh inflation figures should help convince the Reserve Bank to cut rates again in May, despite a slight uptick in underlying price growth, economists say.
Slowing inflation helped convince the Reserve Bank to cut rates at its last meeting but uncertainty over tariffs was also a factor, the deputy governor says.
Rate relief has been delivered to Australian mortgage holders, yet the Reserve Bank governor says renters may have to wait a while longer to gain any benefit.
Established homes will be off-limits and foreign owners will be forced to develop vacant land under new measures announced to improve housing supply.
Economists say a major reduction in mortgage rates this year is unlikely, even though the Reserve Bank board is widely tipped to deliver a cut on Tuesday.
Red tape must be ripped down to boost productivity in a bid to fix the nation's housing crisis, with shocking new data showing the slowing rate of construction.
Australians saddled with student debt who want to enter the housing market will be given a helping hand, under changes to lending requirements.
A continued shift of Australians moving to regional towns for lifestyle reasons has boosted property prices at the expense of capital city values.
As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.
Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.
Calls are mounting for more funding for homelessness services as data shows the number of people without a home long-term jumped.
Home values held firm in January as a shallow and short-lived housing downturn nears its end, with new supply coming too slowly to solve unaffordability.