PM rubbishes budget tax speculation as home prices slow
Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.
housing and urban planning
Budget to address ‘immediate needs’ of households: PM
The upcoming federal budget is widely tipped to pare back incentives for property investors as the prime minister promises to tackle intergenerational inequity.
Right tax moves matter more than mandates: treasurer
Expected changes to negative gearing or capital gains tax would not break an election promise because they would be for the right reasons, Jim Chalmers says.
‘Exhausted’: housing supply hit as affordability dips
Low-income earners are locked out of the private rental market, with JobSeeker recipients only able to afford one listing in Australia, a leading charity warns.
First home buyer scheme leading to housing price rise
House prices for homes under thresholds for a five per cent deposit scheme are outstripping increases for all other homes.
Home builder cautious over war impact on supply chains
A major home builder says overall sales are healthy, despite some signs of a moderation in activity in April, as it watches supply chain impacts from the war.
Export tax push runs out of gas as budget hopes dashed
Furious lobbying for a 25 per cent tax on gas exports is failing to sway the federal government, which is ruling out the measure for the upcoming budget.
Chronic housing shortage heaps more pain onto renters
Australian renters are spending a record share of their income on housing costs as a chronic shortage of stock drives prices higher across the nation.
Data reveals key to fixing housing affordability crisis
Two major cities are becoming more unaffordable faster than other capitals, as they build fewer homes relative to population growth than Sydney and Melbourne.
Tree-changers seeking smaller communities for new lives
City-dwellers are increasingly moving to smaller communities rather than regional cities to escape housing and transport costs, a report has found.
Safe as houses: home resale profits go through the roof
Record home sales profits are lining the pockets of people in the housing market, while pushing the price of admission beyond the means of ordinary Australians.
New homebuyers using smaller deposits, borrowing more
Borrowing patterns of first homebuyers are changing as they take advantage of government subsidies, Australia's biggest lender says.
Young women giving up on home ownership as costs rise
Young people, particularly women, are turning their backs on home ownership as up-front and ongoing costs combined with other pressures put it out of reach.
Major cities flounder in ‘two-speed’ housing market
Home prices are flat-lining in Australia's biggest cities and surging elsewhere as new national data tells a tale of two housing markets.
Premier sells optimism over discord as One Nation rises
As polls point to a crushing victory in one state election, the Labor government has called on voters to seize opportunity and reject division.
Regions beckon as young Aussies rethink city life
Almost half of Australians aged 18 to 29 are considering leaving cities for the regions, driven by the cost of living, work opportunities and lifestyle factors.
How an empty nursing home became a housing solution
The hundreds of thousands of disused buildings across rural Australia could be transformed into worker accommodation as renewable energy projects roll out.
Regional housing market booms, outpacing capital cities
Buyers are turning to regional Australia for housing affordability, but little relief can be found in some of the fastest-growing areas outside the cities.
Major builder expects ‘chronic undersupply’ to continue
Pent-up demand has property group Mirvac optimistic about the outlook for residential housing despite the prospect of higher interest rates.
Defence property sell-off in bid to shore up budget
Almost 70 historic defence sites across Australia will go under the hammer, saving $100 million in annual costs to be reinvested back into the armed forces.
Harbour Bridge joyriders sparks calls for e-bike action
Footage of young men dangerously riding e-bikes and motorcycles on the Sydney Harbour Bridge has fuelled calls for more accountability.
Mortgage holders brace for hundreds more in repayments
Two incorrect assumptions have set the Reserve Bank on track for a costly U-turn on interest rates, with borrowers facing steeper repayments on their mortgages.
‘Milestone deal’ for 100,000 first homes target
Other states are "very keen to sign up" to a federal plan for 100,000 new first homes after Prime Minister Anthony Albanese announced the opening deal.
Capital city rents hit record highs apart from one
All but one Australian capital has yielded annual growth in rents, but experts expect that city to be a star performer in the long-term.
Great escape to the country squeezing communities
Housing, planning and jobs remain key challenges as country Australia continues to grow six years after the population shift to the regions began.
Home approvals surge but affordability still an issue
Rent has soared to a median of $817 a week in Australia's most expensive city as a lack of supply stretches affordability to the limits around the nation.
RBA official’s advice to borrowers over inflation data
Mortgage holders have been warned not to expect relief anytime soon with the latest inflation figures unlikely to significantly influence the RBA's thinking.
Cheaper houses have lift-off as guarantee takes effect
A five per cent deposit guarantee is helping first homebuyers into the market, but ensuring they pay more for the privilege.
Where home prices could take off or crash land in 2026
A worsening outlook for interest rates will put a dampener on Australia's property market in 2026 but records are still expected to tumble across the country.
National home price hit a new record high in 2025
Home prices around the nation increased slightly in December to a new record high of $880,000 as Adelaide, Brisbane and Perth led the charge.
Self-interest widening wealth gap between old and young
Bridging the gap in wealth between older and young Australians will require a major recalibration in housing attitudes and policies, a leading economist says.