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Property market

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Government accused of not growing social housing fast enough

Government accused of not growing social housing fast enough

But Housing Minister Leeanne Enoch has hit out at recent analysis, saying it does not include programs that fund housing for Queenslanders in need.

  • by Felicity Caldwell

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As home approvals triple in WA, the hidden cost of the COVID building boom is revealed

As home approvals triple in WA, the hidden cost of the COVID building boom is revealed

Home building is booming in WA. The only problem is there are not enough trades or supplies to meet demand, and the ones left holding the bill are home owner hopefuls.

  • by Heather McNeill
Warnings NSW stamp duty reforms could distort the property market

Warnings NSW stamp duty reforms could distort the property market

Lawyers and accountants are questioning the Berejiklian government’s strategy of replacing stamp duty.

  • by Matt Wade
‘Supply is restricted’: NAB chief calls for faster housing approvals

‘Supply is restricted’: NAB chief calls for faster housing approvals

The boss of one of Australia’s biggest banks is urging state and territory governments to revamp planning rules to encourage more housing development amid forecasts of double-digit price growth for 2021.

  • by Jennifer Duke and Clancy Yeates
‘Quite fractured’ recovery for next few months despite business condition uptick

‘Quite fractured’ recovery for next few months despite business condition uptick

Business trading conditions have hit record highs as the nation’s economy recovers from the coronavirus pandemic but analysts are warning there are signs of weakness.

  • by Shane Wright and Jennifer Duke
Balance of power shifts as tenants prepare to negotiate cheaper rents

Balance of power shifts as tenants prepare to negotiate cheaper rents

Many property investors holding apartments in inner-city Melbourne and Sydney are being forced to slash rents, with some are asking up to 25 per cent less than a decade ago.

  • by Nina Hendy
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Why not try tax deductibility of interest for first home buyers?

Why not try tax deductibility of interest for first home buyers?

It would help many young people struggling with rising housing affordability to get a foot on the property ladder.

  • by Noel Whittaker
RBA warns against ‘over-exuberance’ as house prices rise

RBA warns against ‘over-exuberance’ as house prices rise

The Reserve Bank has warned that a debt-fuelled surge in house prices could leave households more exposed to financial shocks.

  • by Clancy Yeates
‘Last kick of the can’: Property market reckoning coming

‘Last kick of the can’: Property market reckoning coming

The sharp lift in house prices through the past 12 months has amplified the focus on the RBA and its role.

  • by Shane Wright
RBA holds interest rates at 0.1 per cent

RBA holds interest rates at 0.1 per cent

The Reserve Bank has kept the official cash rate on hold at 0.1 per cent as it notes it will be monitoring trends in housing borrowing carefully.

  • by Jennifer Duke and Shane Wright
Inner-city rental markets stabilising in Sydney and Melbourne as restrictions ease

Inner-city rental markets stabilising in Sydney and Melbourne as restrictions ease

Sydney and Melbourne’s inner-city rental markets are starting to recover after months of falling rents and surging vacancies due to closed international borders and restrictions hitting CBDs.

  • by Jennifer Duke