Tradie shortage spells doom for bid to build 1.2m homes
The most significant measure to solve Australia's housing crisis won't be achieved, builders predict amid workforce shortages.
housing and urban planning
Rate peak to buoy confidence and possibly home prices
Growing confidence that interest rates are going no higher and cuts may start later this year could improve consumer sentiment and home-buying activity.
House prices may surge if buyers use super for deposits
If homebuyers use super to put down a deposit, median house prices will increase across the nation and young people will be no better off, modelling reveals.
construction and property
financially distressed company
housing and urban planning
insurance
politics
More deposit bailout cash after home builder collapse
Victorian taxpayers will again come to the rescue of customers who lost their home deposit after the builder went belly up.
Housing plan decried as ‘dystopian’ by property chief
A radical plan to fix the housing crisis by competing with the private market has been dismissed despite being borne out in several developed nations.
Home price growth gathers pace as confidence returns
Property prices in Perth, Adelaide and Brisbane still grew the fastest in January but Melbourne and Sydney also had a more convincing month.
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.
Homebuyer scheme on shaky ground as calls for help echo
Opponents of a homebuyer scheme that would split upfront costs with the government are being urged to back the plan to help more people buy their first house.
More first-time buyers facing mortgage stress
Higher interest rates are a double-edged sword for wannabe home buyers - shortening the time to save for a deposit but pushing up mortgage repayments.
company information
construction and property
economy, business and finance
energy and resource
environmental issue
housing and urban planning
metal and mineral
Aussie economy ‘OK’ despite weaker housing: BlueScope
BlueScope Steel expects local housing starts to recover and strong demand in the United States for infrastructure, including steel-intensive renewable energy.
Auction interest shows no signs of slow down
More than 2000 homes will go under the hammer on Saturday, a 13 per cent surge from the same weekend in 2023.
Cheap, damaged e-scooters may be banned in apartments
Apartment managers will be encouraged to restrict the use of e-scooter "cheap imports" in by-laws and educate residents about using technology safely.
Sydney faces future as ‘city with no grandchildren’
Fewer people live in inner Sydney than inner Brisbane and Melbourne, pushing up housing costs and driving young families interstate, a report shows.
Homeless hotspots on the rise with soaring rents
An increase in the number of people accessing specialist support services for homelessness has appeared in areas where rents have risen sharply.
Sydney suburbs become homeless hotspots as rents climb
An increase in the number of people accessing specialist support services for homelessness has appeared in areas where rents have risen by up to 40 per cent.
NSW planning laws ‘intolerable’ for lifting home builds
Reforms to increase housing density in NSW urban centres face council opposition as the premier insists they will still have a say in dual-occupancy changes.
Carrot for home buyers could deliver stick to investors
A bid to give hopeful homeowners a foot in the door could be in danger unless Labor takes steps to scale back property investor tax breaks.
Stamp duty costs climb as home buyers struggle to save
Market analysis has revealed the rising cost of stamp duty on property purchases - and its impact on people trying to break into the housing market.
High-rise hopes to fix housing squeeze in the regions
Offering more medium to high density housing in the regions would ease housing shortages and attract essential and other key workers, a summit has heard.
A decade to save for a country home as regions grow
Regional Australia can look forward to more jobs and innovation, but health, housing and climate change present ongoing challenges, a landmark report says.
New social housing target for the sunshine state
The Queensland government has pledged to build 53,500 more social homes by 2046 but construction industry delays may halt the ambitious target.
It’s rubbish: TikTok MP trashes ‘lazy’ youth cliche
One of Australia's most-followed MPs on TikTok says older generations are too lazy and careless to show up on the platforms youth use.
Queensland to ban rent bidding as $160m in relief flows
Some long-awaited relief is on the way for renters in Queensland, with the state government vowing to ban rent bidding and create a portable bond scheme.
Review, funding boost launched to end homelessness
The Queensland government has launched a homelessness review with specialist support services also receiving a $390 million funding boost.
Home prices climb and rate cuts could fuel more growth
The Australian market is stuck between the competing forces of poor affordability and a supply demand mismatch.
House prices smash records, wiping out downturn losses
Australia's housing sector has recouped all losses from the 2022 downturn to end 2023 smashing median price records across all capital cities.
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.
Weekly rent prices soar to new record for Aussies
Australians are being smashed in a cost of living crisis with record weekly rent prices, as homelessness services experience soaring demand.
‘Unprecedented’ rental pain warrants urgent policy fix
Renters are experiencing unbearable levels of financial stress but one territory's bold policy choice appears to be making a difference.
Doors open to housing fund as renters fall behind
A landmark government housing fund has opened its doors to developers as new data shows rental prices grew faster than home values for a second year running.
Record Australian rent price streak finally over
The average asking price for renting a house in Australia's capital cities has remained steady after almost three years of consecutive growth.