Higher taxes on foreigners pitched to free up homes
Overseas buyers could face higher state taxes to buy property in NSW as the government looks for ways to free up homes for local residents.
Overseas buyers could face higher state taxes to buy property in NSW as the government looks for ways to free up homes for local residents.
Growing confidence that interest rates are going no higher and cuts may start later this year could improve consumer sentiment and home-buying activity.
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.
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.
Victorian taxpayers will again come to the rescue of customers who lost their home deposit after the builder went belly up.
Property prices in Perth, Adelaide and Brisbane still grew the fastest in January but Melbourne and Sydney also had a more convincing month.
A shared equity scheme allowing first homebuyers to buy a property with a two per cent deposit has passed the House of Representatives.
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.
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.
BlueScope Steel expects local housing starts to recover and strong demand in the United States for infrastructure, including steel-intensive renewable energy.
More than 2000 homes will go under the hammer on Saturday, a 13 per cent surge from the same weekend in 2023.
Apartment managers will be encouraged to restrict the use of e-scooter "cheap imports" in by-laws and educate residents about using technology safely.
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.
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.
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.
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.
An increase in the number of people accessing specialist support services for homelessness has appeared in areas where rents have risen sharply.
Fewer people live in inner Sydney than inner Brisbane and Melbourne, pushing up housing costs and driving young families interstate, a report shows.
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.
Regional Australia can look forward to more jobs and innovation, but health, housing and climate change present ongoing challenges, a landmark report says.
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.
The Queensland government has pledged to build 53,500 more social homes by 2046 but construction industry delays may halt the ambitious target.
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.
The Queensland government has launched a homelessness review with specialist support services also receiving a $390 million funding boost.
The Australian market is stuck between the competing forces of poor affordability and a supply demand mismatch.
Australia's housing sector has recouped all losses from the 2022 downturn to end 2023 smashing median price records across all capital cities.
Australians are being smashed in a cost of living crisis with record weekly rent prices, as homelessness services experience soaring demand.
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.
Renters are experiencing unbearable levels of financial stress but one territory's bold policy choice appears to be making a difference.
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.
A wave of interstate migrants seeking sun over lockdowns has helped average dwelling prices in Brisbane surpass Melbourne for the first time in a decade.