Developer’s stark warning after critical stadium report
A day after a report recommended a divisive AFL stadium not go ahead, the project's developer has fired back with a warning over already rising costs.
A day after a report recommended a divisive AFL stadium not go ahead, the project's developer has fired back with a warning over already rising costs.
Longstanding, complicated planning processes will be swept aside in an effort to build more homes faster in a state that's fighting to keep young families.
Australia should follow New Zealand in reforming zoning rules to boost limp construction productivity and expand housing supply, leading economists say.
Abolishing "terrible" stamp duty would help arrest the loss of affordable homes, with lower-end properties growing in price faster than the rest of the market.
Lifting the caps in an expanded government home-buying scheme will open the door for more first-time buyers, but it also risks fast-tracking price rises.
The rate of migration from capital cities to regional centres continues to outpace moves in the other direction despite slowing towards pre-pandemic levels.
A debate inside the Reserve Bank board over the tightness of Australia's labour market could determine how quickly it moves to cut interest rates.
House prices could surge and mortgage defaults rise when a government scheme to help first home buyers begins ahead of schedule, experts warn.
A pause in new regulations on construction standards will aim to have homes built faster under changes stemming from the productivity roundtable.
business (general)
economy, business and finance
housing and urban planning
politics (general)
regulatory policy and organisation
Fixing Australia's regulations could help businesses and shoppers save and reinvigorate Australia's languishing productivity base.
Future rate cuts may be less likely if renting and construction costs contributing to housing inflation continue to grow.
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central bank
economy, business and finance
housing and urban planning
inflation and deflation
labour
Strong annual growth in wages will be noted by the Reserve Bank as it collates data leading up to its next decision on whether to cut interest rates.
The "Trumpification" of the US Federal Reserve provides an unsettling backdrop to the Reserve Bank's August meeting, where it is expected to cut interest rates.
In a bid to meet it's target of building 800,000 homes over the next decade, a state government has announced new housing laws designed to speed up approvals.
The Reserve Bank of Australia board is expected to deliver mortgage holders more hip-pocket relief in its upcoming interest rates decision.
construction and property
economy, business and finance
housing and urban planning
interest rate
personal finance
real estate
Interest rates might be weighing less on Australians' decision to buy or sell a property, with affordability now ranked as the leading influence.
Hastening development approvals without increasing building capacity will only add to the bottleneck in housing construction, researchers warn.
Short-term rental hosts would be more likely to leave their properties empty than list them on the long-term rental market to aid supply, a survey shows.
Reforms to Australia's tax system have been politically risky, but without urgent action, home ownership could be out of reach for the nation's workers.
A house built in a factory and ferried to one of the nation's favourite holiday islands has won Australian House of the Year at the 2025 Houses Awards.
Further interest rate cuts on the horizon have stirred the nation's housing market with prices rising for a sixth straight month alongside demand.
Property prices have soared to record highs in most capital cities, prompting buyers to shift expectations amid increasing high rental prices.
Political leaders hope a sluggish planning system can be jump-started with cheap, pre-approved architectural designs to entice developers to break ground.
Interstate migration and the allure of warmer weather have contributed to a city's house prices surging past the million-dollar mark.
An upswing in home values has broadly eased, but almost 45 per cent of Australian suburbs are at record-high dwelling values after sustained growth.
A slowdown in rental growth even with still-low vacancy rates suggests renters have maxed out on what they can afford.
With markets all but assured the Reserve Bank board will cut interest rates at its upcoming meeting, the bigger question for traders is what they say next.
Australia's residential property market is being stoked by strengthening demand fuelled by lower interest rates and a tighter supply of homes for sale.
Housing prices are expected to climb ever higher, even as a predicted recovery in dwelling consents shines a ray of hope on Australia's supply ambitions.
Governments are taking aim at red tape to fix a chronic undersupply of housing in Australia but the industry warns cultural issues will be harder to fix.
Half of Australia's private housing tenants are living in homes in need of repair but are too scared to ask their landlord about it, according to a study.