Fraudster Melissa Caddick’s penthouse finally sells
A luxury penthouse apartment formerly owned by Sydney conwoman Melissa Caddick, 49, has been sold for an undisclosed sum with settlement expected next month.
real estate
Scammer jailed for stealing close to $400k from cousin
Angela Liberatore, 50, has been sentenced after she was found guilty by a jury of 33 counts of obtaining financial advantage by deception.
Court backs $2.7 million payout to couple hit by fraud
A couple who lost their newly purchased home are "incredibly relieved" to again be able to claim $2.7 million in damages from the Queensland government.
Home prices climb and rate cuts could fuel more growth
The Australian market is stuck between the competing forces of poor affordability and a supply demand mismatch.
Accused crepe assailant’s real estate licence revoked
Legal troubles have continued for a woman accused of assaulting the former Northern Territory chief minister, now having her real estate licence revoked.
‘A simple life’: the reincarnation of rural churches
Rural churches are getting second lives as music studios, luxury homes and cosy BnBs after the COVID-19 pandemic, which left many in search of a quiet life.
Lendlease Group hit with first strike after $232m loss
Lendlease has joined Qantas, Woolworths, Treasury Wine Estates, Magellan Financial and Whitehaven Coal in being slapped with a "first strike" on executive pay.
Australia’s rental market woes go from bad to worse
Regional areas in the Sunshine State are now the most unaffordable places for renters to live, as affordable housing concerns spread beyond capital cities.
Call to build homes to defy climate, save $4b a year
As floods, cyclones and bushfires become more ferocious, costs to home-owners could double by 2050 without changes to the construction code, an analysis shows.
Housing recovery entrenched but pace of growth eases
Home values continue to rise but growth has slowed amid more advertisements for stock and the toll of higher interest rates and cost of living pressures.
More than 10,000 take up regional first home scheme
More than 10,000 home buyers have taken advantage of a federal scheme to buy their first property in regional areas in the first year of the program.
Spring auction rates heating up, just like the weather
There have been more homes sold at auction around the country this weekend as the traditional heating up of the spring housing market gets under way nationwide.
Perth rents rise fastest as housing supply dwindles
Rental prices are skyrocketing in Perth as home vacancy rates plummet amid chronic housing supply shortages and unprecedented demand for homelessness services.
construction and property
economy, business and finance
environmental issue
insurance
politics
real estate
Insurers demand action on risks to stay above water
The financial hit from catastrophes may have dropped over the past 12 months but insurance premiums keep rising, an industry report shows.
Property market blooms on first weekend of spring
The weather is hotting up and so is the property market, with a surge in the number of auctions set to be held over the first weekend of spring.
Investors flock to Brisbane but other cities subdued
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.
Housing recovery gains momentum as supply tightens
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.
construction and property
economy, business and finance
environmental issue
global warming
insurance
politics
real estate
Home insurance out of reach as climate disasters surge
The biggest rise in premiums in 20 years has raised concerns households may forego insurance and be even harder hit when the next disaster strikes.
Realestate.com.au owner sees property market rebounding
REA Group says that the fundamentals of the property market are strong and buyer enquiries and house prices have both returned to growth.
Staff pulled from Sydney’s strategic planning agencies
NSW's primary planning agency, the Greater Cities Commission, has been gutted of staff, but one think tank reckons there's clear logic to the decision.
Call for ‘no deforestation’ conditions on bank loans
To mark World Environment Day, Australian conservationists are calling for banks to stop funding the clearing of wildlife habitats by agriculture businesses.
Melissa Caddick’s parents make offer to duped investors
Investors impacted by Melissa Caddick's fraud have been asked to resolve a dispute with her parents about the sale of a multi-million dollar Sydney home.
Rental crisis hitting essential workers hardest: report
Workers in the hospitality, health care, postal and freight sectors are facing serious financial stress to keep up with rising rents, a new report has found.
HomeBuilder paperwork deadline extended
The deadline to submit supporting documentation for HomeBuilder applications will be extended for those affected by supply constraints and construction delays.
Duped investors join forces to fight for Caddick funds
Investors who lost money due to Melissa Caddick's fraud have come together to fight her parents for a stake in one of her multimillion-dollar Sydney homes.
‘Cooked from above’ in shoddy housing amid energy shock
Renters in substandard housing are too scared to complain to landlords about uncomfortable heat in their home, because they fear a rent hike or eviction.
Labor’s lead narrows a month out from NSW election
With less than a month to go until the NSW election, a new poll shows the gap between Labor and the 12-year-old coalition government is tightening.
Qld to make it easier to end community title schemes
Queensland wants to allow community title schemes to be wound up with the nod of 75 per cent of owners, and to let bodies corporate ban smoking, but not pets.
Tenants forced to move amid ongoing rent explosion
As some tenants are hit with 35 per cent rent increases to hold onto their home, experts say the affordability crisis will worsen.
Housing advocates call for Queensland rent hike limits
Queensland housing advocates are calling for the state government to limit the number and size of rent rises allowed each year to protect tenants.
Qld looks to market for affordable housing fix
The Queensland government is calling for more private and social sector proposals for affordable homes with the offer of grants from a $130 million pool.