market-tag-1
Australians are ‘furious’ about inflation: RBA deputy
10 September
Australians are “furious” about inflation and it will take the nation years to fully get on top on higher post-pandemic living costs, the Reserve Bank’s deputy governor says.Ahead of the central bank’s meeting later this month on interest...[Read More]
Cold start to nation’s normally hot home sales season
10 September
Australia’s peak property season has opened with a whimper, featuring low stock and lacklustre auction success rates.Capital cities hosted just 1462 auctions in the first week of spring – more than 30 per cent down on the figure for a year...[Read More]
Property market to face ‘deeper correction’, bank warns
3 September
Australia’s largest home lender has warned property prices could fall in capital cities by 10 per cent, with the downturn faster and broader than expected.The Commonwealth Bank said in a housing update it expects a deeper correction in the...[Read More]
Foreign property purchases fall as home buyer ban bites
26 August
Purchases of Australian property by overseas investors have plunged after the government announced a ban on foreigners buying Australian homes.The number of investment approvals fell by more than 22 per cent to 5284 in 2024/25, the Productivity...[Read More]
Modular homes rollout to hasten build times, cut costs
26 August
A modular home factory will receive $120 million in taxpayer backing to turbocharge the fledgling industry and solve Australia’s housing shortage.The investment in Built Living – a 50:50 joint venture between Australian contractor Built and...[Read More]
Early days but a door is opening for first home buyers
20 August
A dive in new home loans to property investors is an “encouraging sign” Labor’s changes to negative gearing and the capital gains discount are working as intended, Treasurer Jim Chalmers says.The number of investor loans fell 8.6 per cent in...[Read More]
AI boom, productivity malaise making RBA’s job harder
20 August
The surge in artificial intelligence investment and Australia’s sluggish productivity growth rate are forcing the Reserve Bank to keep interest rates higher, a top central bank official says.Speaking two days after the RBA kept the cash rate...[Read More]
House-hunters face spring sale shortage in market slump
13 August
Would-be home buyers hoping to snag a bargain could face a shortage of options during the usually busy spring sales season as owners try to ride out a price slump.Auction clearance rates have rebounded from recent multi-year lows, rising to a...[Read More]
Housing affordability rises as price downturn continues
6 August
Three decades of home prices outpacing incomes could be over as Australia’s housing market downturn widens.The market recorded the largest single-month decline in home values in almost four years in July, data released by property analysis firm...[Read More]
Red tape strangling efforts to tackle housing crisis
30 July
Allowing three-storey townhouses to be built on most residential land is one of the key recommendations of a major report outlining what Australia needs to do to fix its housing crisis.Governments have gotten in the way of new housing supply by...[Read More]
Investors returning after budget blow to housing breaks
23 July
Property investors are regaining a foothold in the housing market after tax changes in the federal budget boosted owner-occupiers.The share of homes bought by investors climbed to 23.2 per cent over the four weeks ending July 18 after sinking to...[Read More]
Zoning scorecard reveals most housing-friendly city
16 July
Millions of new homes could be built in Australia’s capital cities if “restrictive” zoning laws are loosened, a landmark planning analysis claims.An online atlas of nationwide zoning laws has been compiled by YIMBY Melbourne, an organisation...[Read More]
Family affair: investor tax changes spawn new tactics
9 July
A 1950s red brick walk-up in southwest Brisbane is a window into how the federal budget is reshaping the property market.Marketed as “the ultimate set-up for multi-generational living”, the three-unit apartment block in Oxley has bucked the...[Read More]
Freefall: home prices notch biggest drop in years
2 July
Home prices have recorded the biggest monthly fall in almost four years as tax changes accelerate Australia’s housing downturn.Sydney’s median home price fell 1.2 per cent to $1,265,608 in June, leading a nationwide decline of 0.4 per cent, data...[Read More]
City to take mantle of nation’s most expensive units
2 July
A new capital city is emerging as the most expensive place in the country for units as Sydney’s strongly held prices begin to slip.Brisbane median unit values are forecast to rise by up to nine per cent to $893,000 in 2027, Domain predictions for...[Read More]