Short-stay levy draws flak as housing vision unveiled
An Australian-first levy on short-term accommodation headlines a generational shake-up to Victoria's housing and planning sectors.
An Australian-first levy on short-term accommodation headlines a generational shake-up to Victoria's housing and planning sectors.
The spring selling season looks to have started early, with national listings surging more than 20 per cent in the last month of winter.
Rental prices are skyrocketing in Perth as home vacancy rates plummet amid chronic housing supply shortages and unprecedented demand for homelessness services.
A deal with the Greens has allowed Labor to pass its signature $10 billion social and affordable housing policy through parliament.
People are struggling to find rental accommodation because a lot of housing stock is being listed on sites such as Airbnb, Greens leader Adam Bandt says
A $10 billion fund that will be used to build thousands of social and affordable homes is set to become a reality after garnering support from the Greens.
Work should soon start on thousands of social and affordable homes with a $10 billion housing investment fund set to pass federal parliament.
Hundreds of thousands of properties have fallen off the rental market amid a mass exodus of investors.
There is no relief on the horizon for renters after national vacancy rates dropped to a record low of 1.1 per cent.
Regional areas do not receive an equitable share of funding despite feeling the sting of the housing crisis, but a new bill is aimed at changing that.
The Greens have struck a deal to pass the Albanese government's $10 billion Housing Australia Future Fund through parliament.
The government's $10 billion housing future fund is set to pass through parliament in a deal with the Greens for more investment in social and affordable homes.
A $10 billion housing investment fund is set to be debated in the Senate and passed by the end of the week after the government struck a deal with the Greens.
Housing unaffordability in Sydney is second only to Hong Kong, says a think tank boss who warns it is costing the city billions of dollars in lost productivity.
Tens of thousands of first-time buyers have been able to secure a property with a smaller deposit, including groups of friends and family.
Investor lending has jumped in Queensland but fallen in most other key states, with strong property price growth also reported in the state's capital.
With vacancies at historically low rates across the country, the race to secure a rental is fiercer than ever and it is weighing on vulnerable communities.
Home values have risen for the sixth month in a row, with CoreLogic's latest index showing a 0.8 per cent lift in August.
South Australia has welcomed a big jump in sales of new houses last month on the back of a $30,000 cut in stamp duty for first-home buyers.
Charities say they're being left to carry the burden of housing shortages, warning federal and state governments they "cannot ignore those suffering right now".
House prices are down in most regional markets with real estate analysts pointing to interest rates and migration after the COVID-19 pandemic as factors.
A new target of 1.2 million dwellings and rental and planning reforms are among steps agreed to by national cabinet to tackle Australia's housing crisis.
National cabinet has agreed to lift the national housing target, with the federal government offering financial incentives for states and territories.
A solution to Australia's housing crisis is unlikely to be agreed upon as the federal government, Greens and coalition butt heads over competing proposals.
Housing will top the agenda for national cabinet when it meets on Wednesday and government leaders are facing pressure to address a growing rental crisis.
As little as one in 100 rentals are affordable for essential workers, and the cost of housing is looming as a key issue when national cabinet meets this week.
Research shows tenants could have saved billions of dollars if a rent freeze had been implemented, as Australia's governments meet to tackle the housing crisis.
Queensland's new housing minister has faced intense questioning at state estimate hearings over soaring demand for social housing.
Housing talks will be front of mind when state and territory leaders meet with Prime Minister Anthony Albanese for national cabinet next week.
Victorians have called for action on the housing crisis as Queensland sets out a plan for the southeast and NSW contends with a backslide in housing approvals.
Labor is trying to break a political stand-off over the government's $10 billion fund for social and affordable homes, which has industry support.