Household spending flat despite retail boost, tax cuts
The economy is still struggling along with flat household spending despite an uptick in retail turnover and income tax cuts beginning to flow.
The economy is still struggling along with flat household spending despite an uptick in retail turnover and income tax cuts beginning to flow.
Unless Australia can significantly lift the pace at which it is building new homes, a nationally-agreed target to solve the housing crisis looks at-risk.
The consumer watchdog has received a cash injection as it examines allegations of land banking and dubious discounts against the major supermarket chains.
More suburbs than ever have median house or unit prices of more than $1 million, with economists predicting the number will continue to grow.
The prime minister has hosed down suggestions Labor will take changes to negative gearing to the election, amid warnings it could hike up rents.
After iron ore prices plunged by more than a third since the start of the year, Chinese stimulus measures spell good news for the Australian budget.
After days of discussions over curbing property investors' tax concessions, the government has firmed its stance against the rumours.
The head of Australian Centre for Housing Research has responded to new data, suggesting encouraging buyers into a the "overheated" market is unfair to them.
Despite an increase in government supports, low-income earners would still find themselves in rental stress across most of the country, a report has found.
Queenslanders facing sky-high property prices will have to wait two years for more affordable and social homes to come on the market.
The federal and state governments will build nearly 500 social and affordable homes in Queensland's far north, specifically accommodating older residents.
A key housing bill will be pushed back into parliament despite the government, the opposition and the Greens reaching a stalemate in negotiations.
The prime minister has threatened a double dissolution over resistance to his government's housing policy but experts don't think this will benefit his party.
The government has failed to pass its housing legislation through the Senate a second time, giving it the first trigger to call a double dissolution election.
Pressure is mounting on the coalition and Greens to pass the government's housing policies with the PM accusing his rivals of blocking moves to fix the problem.
Australia is targeting 1.2 million new homes by 2029, but a major construction body says only significant reform can overcome a huge shortfall.
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.
A proposed cap on international university students has been torn apart by a federal government advisor, who says it will make no difference to housing supply.
The head of the federal government's independent housing council says ambitious targets to create new homes should still be made even if they're not met.
The number of Australian renters is set to grow as available homes dwindle and prices soar, prompting calls for the government to come together on solutions.
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.
Leveraging Commonwealth payments to states if they fail to tackle housing supply is under consideration.
Australia's economic forecasts might not be as positive as hoped but there are still signs of strength in the economy, an expert says.
Housing approvals have risen 10 per cent off the back of a surge in new apartments as opposition parties release policies to tackle the housing crisis
Waterside suburbs and areas with idyllic lifestyles are unsurprisingly among the tightest-held property markets in the country, new data reveals.
Older millennials and generation X are among the biggest winners from Australia's real estate boom as profits from sales hit their highest level in 10 years.
In the lead-up to the Queensland state election, Solar Citizens wants the major parties to make big commitments to renewable energy.
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.
The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.
Apartments and houses built in the last decade are more energy efficient and easier to cool or heat, a CSIRO study has revealed.
Racing NSW CEO Peter V'landys has attacked "cheats and undesirables" seeking to undermine him amid a battle over the future of Sydney's Rosehill racecourse.