Tax changes ‘crack the nut’ on housing affordability
Property investors and real estate agents are reeling as Australia's housing downturn deepens, but for young Australians the positives are growing.
Property investors and real estate agents are reeling as Australia's housing downturn deepens, but for young Australians the positives are growing.
Mining magnate Clive Palmer's former solicitor faces an arrest warrant after being accused of defrauding his billionaire client to buy real estate and gold.
Even though Labor's tax changes have pushed some investors out of the market, rental vacancy rates have climbed and price growth has eased across Australia.
Australia's auction clearance rates have dropped to nearly their lowest levels of the year as another interest rate rise eats into buyer budgets.
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DALLAS, Oct. 1, 2026 /PRNewswire/ -- Icon Global announces the return to market of Turkey Track Ranch, one of America's great legacy ranches, at $180 million, including a 25% mineral stake. Spanning nearly 80,000 acres under one fence, the Texas Panhandle legacy ranch brings together significant water resources and more than a century of Coble and Whittenburg family ownership.
First-home buyers are being told they will be in a better position to afford a property once Australia's widening housing downturn runs its course.
Tax changes will help boost housing supply in the long run, even though a downturn is impacting new home sales, the housing minister says.
More than three in five homes listed for auction converted to private treaty in July, the highest rate since the 2022 downturn, property site Domain has found.
Rising seas and storm surges could cost Australia more than $855 billion, endangering homes, businesses, infrastructure and land.
The property market is yet to shake off its winter chill as capital cities reported fewer auctions in the first week of the normally busy spring sales season.
Property prices in major capitals are set to fall even further, one of the big four banks has cautioned, following a further downturn in the last month.
The median rental costs more than half the pay of an average worker in every Australian capital city, a report by Everybody's Home has found.
Scorched Earth is a mix of dance, theatre, cinema and murder mystery - and it asks how far people will go to hold onto their land.
Rising interest rates were already softening mortgage demand from investors but Labor's tax changes in the federal budget deepened the dive.
A Liberal frontbencher has called on his party to slash the construction code, cut migration, tax big tech more and freeze the NDIS to fix Australia's malaise.
Commonwealth Bank home loan applications plunged after controversial changes to negative gearing and capital gains taxes, but it's hopeful of a recovery.
Shifting sands mean Australia's biggest property website can't afford to sit on its laurels even as it proclaims a better-than-expected year.
A sharp decline in property prices has sparked fears of negative equity but less than three per cent of houses sold for a loss in the first half of 2026.
The share of homes bought by investors compared to owner-occupiers is returning to levels seen prior to the federal budget.
Prospective home buyers are rethinking the type of properties they want to purchase in response to changes to negative gearing and the capital gains tax.
Australia's two largest online real estate listing platforms are facing off in court after accusing each other of making misleading claims.
Recent falling house prices have barely eroded an affordability gap that has built up over years of rising values, as experts warn much more time is needed.
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Australia's housing market is undergoing a broad-based downturn with interest rate rises and affordability pressures denting investor confidence.
Most property markets in Australia will slip in value over the 2026/27 financial year, but there are some outliers in latest data.
Despite property prices falling, the annual income required to afford a median house has risen by thousands of dollars in Sydney and Melbourne since January.
A Senate committee has been told Australia's long-running public housing crisis is actually worsening under current policy settings.
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The government is selling controversial investment tax changes as an attempt to rebalance the playing field between young and old Australians.
The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.
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Tax changes in the federal budget will likely shift property investors to new houses in the outer suburbs and inner-city apartments, economists say.
Higher rates and affordability pressures are threatening to push the housing market into a decline, with prices in the two biggest cities already on the slide.
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Mortgage holders are back to square one after a third straight Reserve Bank rate hike, adding hundreds of dollars more to interest repayments since February.