Greens pushing Labor to scrap property tax breaks
Federal Labor has ruled out changes to property tax handouts, but the Greens will try to force the party to act on the issue if there's a hung parliament.
real estate
Brick by brick, parties build election housing pitches
Tackling housing instability is key to securing an election win, with Labor vouching for build-to-rent while the coalition says Australians should own a home.
Doubling housing supply incentive could help renters
Australia is expected to fall hundreds of thousands of homes short of its housing target but reforms could bring it back up to speed and help renters.
‘Short window’ as property prices rebound on rate cut
Two capital cities are leading the housing market higher as buyers look to get ahead of a wave of demand as interest rates finally fall.
Underlying inflation up but good news on housing, rents
Fresh inflation figures should help convince the Reserve Bank to cut rates again in May, despite a slight uptick in underlying price growth, economists say.
Disgraced MP ‘never asked for a dollar’ from $48m deal
Former Liberal MP Daryl Maguire says he never expected payment for his part in a multimillion-dollar property deal he helped broker.
Aussies opt for regional living, pushing up home prices
A continued shift of Australians moving to regional towns for lifestyle reasons has boosted property prices at the expense of capital city values.
Retiring renters face homelessness as ownership falls
As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.
Home approvals bounce can’t keep a lid on prices
Home values held firm in January as a shallow and short-lived housing downturn nears its end, with new supply coming too slowly to solve unaffordability.
‘Year of the unit’: cost squeeze drives homebuyer shift
Rising unaffordability and changing lifestyles are driving an unusual turnaround in real estate dynamics as unit prices grow faster than houses in some areas.
Buyer’s market: 2025 to bring relief to home buyers
A major pullback in house price rises has not stopped the market from extending its growth streak to eight consecutive quarters.
Australia has ‘well and truly passed’ rental boom peak
Affordability pressures and rising vacancy rates are keeping a lid on rental growth after years of surging prices.
Bank of mum and dad could run dry for retirement
Affordability constraints have many turning to the bank of mum and dad but parents have been urged to consider their finances carefully before lending.
Property dominates wealth but stocks safer than houses
Investors might start looking outside of the property market where most of Australia's wealth is held, as returns for another sector outstrip housing.
Value of Australian homes may drop in early 2025
Australian home values could dip in early 2025 but a drop in interest rates is expected to send buyer demand up again.
Where home prices are expected to grow fastest in 2025
Australian property values are set to keep rising over the next 12 months but controversial tax changes are helping keep one state's home price growth in check.
Housing policies at lock-up stage with Greens support
Labor has had a breakthrough on its stalled housing agenda after securing Greens support for a federal shared-equity scheme and build-to-rent policies.
Door opens for first-home buyers to unlock ownership
Headway has finally been made on federal housing policy reform with laws set to pass parliament to allow home buyers to buy with a smaller deposit.
Mining hubs lead regional property price rise
Affordability and lifestyle choices continue to drive up property prices in regional Australia, but there are signs the heat is coming out of the market.
Building data nailed but future framework doubts linger
Home building approvals have broken a two-year ceiling but industry groups warn it's not enough to meet a target of 1.2 million homes by 2029.
Property market easing with falls across four capitals
Slowing momentum in home price growth bodes well for those hoping to get a foot on the property ladder as the central bank weighs rate cuts.
Aussies paying more as rents spike across the nation
Australian renters are paying thousands more to keep a roof over their heads as rental costs for units and houses continue to balloon since the pandemic.
Turbo charge house approvals, business urges government
The Business Council of Australia says state governments should be able to intervene in council planning decisions, using a carrot and stick approach.
PM quizzed over $4.3 million clifftop property purchase
The prime minister has been peppered with questions about the purchase of a $4.3 million luxury home for he and future wife Jodie Haydon.
‘Knocked on the head’: Labor rebuffs property tax moves
After days of discussions over curbing property investors' tax concessions, the government has firmed its stance against the rumours.
Amorosi has to pay mother almost $900k to vacate home
A Supreme Court justice has ordered singer-songwriter Vanessa Amorosi's mother to vacate her family home so her daughter can gain funds for restitution.
Economy ‘nowhere near recessionary’ despite predictions
Australia's economic forecasts might not be as positive as hoped but there are still signs of strength in the economy, an expert says.
Building costs in the frame for ongoing housing crisis
The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.
Queensland real estate market set to rebound: Domain
Domain CEO Jason Pellegrino says Queensland's property market has shown signs of accelerating after a poor showing in 2023/24.
Property market picking up in smaller capital cities
REA Group's CEO says property listings in Melbourne and Sydney might marginally decline in 2024/25, but Brisbane, Adelaide and Perth are showing growth.
Property giant Mirvac warns of ‘challenging’ conditions
Mirvac is investing in build-to-rent apartments and industrial sites as it slashes the value of high-rise offices and warns of ongoing challenging conditions.