‘Doing what we want’: Labor stands by housing tax moves
Tax changes will help boost housing supply in the long run, even though a downturn is impacting new home sales, the housing minister says.
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.
construction and property
economy, business and finance
house building
housing and urban planning
interest rate
lifestyle (house and home)
real estate
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.
construction and property
economic policy
economy, business and finance
house building
housing and urban planning
politics
real estate
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.
budgets and budgeting
construction and property
housing and urban planning
interest rate
politics
real estate
state budget and tax
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.
central bank
diesel fuel
economy, business and finance
interest rate
mortgages
petrol
prices
real estate
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.
budgets and budgeting
construction and property
economy (general)
housing and urban planning
lifestyle (house and home)
mortgages
politics
real estate
Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.
House prices for homes under thresholds for a five per cent deposit scheme are outstripping increases for all other homes.
Two major cities are becoming more unaffordable faster than other capitals, as they build fewer homes relative to population growth than Sydney and Melbourne.
construction and property
economy, business and finance
house building
interest rate
land price
mortgages
real estate
Australia's housing market is diverging as the biggest capitals go backwards while growth accelerates in mid-tier cities.
Home prices are flat-lining in Australia's biggest cities and surging elsewhere as new national data tells a tale of two housing markets.
The Trump organisation is believed to have signed a deal to construct one of its signature towers in Australia.