Property
Home owners told to ‘take a deep breath’ on tax reforms
24 June
Plunging auction clearance rates are not cause for concern, top government ministers are insisting, with one urging anxious home owners to “take a deep breath”. An overhaul of negative gearing and capital gains tax is expected to pass federal...[Read More]
The house price question tying politicians in knots
24 June
Top government and opposition MPs say they want house prices to continue growing – just at a slower rate – after auction clearance rates plunged to their lowest level since April 2020. Nearly 1900 homes went under the hammer in Australia’s...[Read More]
‘Missed opportunity’ to act on power plan loyalty tax
24 June
A proposal to clamp down on the loyalty tax paid by disengaged power customers does not go far enough in the view of consumer and small business groups. Australia’s electricity rule-maker initiated a review to tackle the problem of customers...[Read More]
‘Outside the square’: pre-fab homes to speed up supply
24 June
A housing manufacturing hub could revolutionise home building in Australia’s most expensive market. The NSW government says its upcoming state budget, to be delivered on Tuesday, will include funding to establish a partnership with a private...[Read More]
Your home: 7 ways to increase its value and enjoy it more
18 June
Your home is more than bricks, mortar, paint and flooring. It is the place where life happens. It is where families gather, memories are made, visitors are welcomed, and everyday routines unfold. For many people, their home is also one of their...[Read More]
Tax changes spark house listings boom but fewer rentals
17 June
Investors are prematurely offloading their properties before tax changes even hit the market, resulting in a listings boom but fewer rentals. Rental listings across the country have shown large annual falls, with the steepest downturn so far in...[Read More]
Fresh warnings migration cuts could make housing worse
17 June
Migration opponents are being warned big cuts to Australia’s intake numbers would cause havoc for the economy and impact housing targets. Immigration and housing numbers were out of balance with each other but dramatic cuts were not the solution,...[Read More]
CGT share changes will ease home prices, treasurer says
17 June
Controversial tax changes for shares and businesses will prevent more money from being funnelled into existing homes, Treasurer Jim Chalmers claims. Businesses have been relatively receptive to Labor’s decision to wind back tax breaks for property...[Read More]
Get back on the tools and fix housing, government urged
17 June
The Commonwealth must return to its historical role as a home builder rather than a protector of huge profits made by banks and developers. It’s advice that’s been overlooked but a warning that cannot continue to go unheeded, senators have been...[Read More]
Nation-first stamp duty cut gains federal endorsement
17 June
State governments have been encouraged to follow the lead of the ACT and abolish stamp duty, but it’s unlikely to happen without Commonwealth support. ACT Treasurer Chris Steel announced all first home buyers would be exempt from paying stamp duty...[Read More]
Residents to get no-interest loans for energy upgrades
17 June
Residents in NSW can now access zero-interest loans of up to $15,000 to fund lower energy upgrades to their homes, aimed at slashing bills and taking pressure off the grid. Ahead of next week’s state budget, the NSW government announced on...[Read More]
How to feel more self-sufficient at home
11 June
There is something deeply rewarding about knowing your home can do more than simply provide shelter. A self-sufficient home gives you a greater sense of control, comfort and confidence. It does not mean living completely off-grid, growing every meal...[Read More]
Cooling house market offers hope to first-time buyers
10 June
Australia’s housing market is experiencing rapid downward pressure because of global conflict and the federal budget, but the conditions are unlikely to benefit renters. Just 51.1 per cent of homes auctioned across capital cities this weekend...[Read More]
7 signs you are ready to downsize the home and take life a little easier
4 June
There comes a time when the family home that once felt full of noise, movement and memories can start to feel a little too big, too quiet, too expensive or simply too much work. Downsizing is not just about moving into a smaller home. For many...[Read More]
Interest rate impact hits housing approval levels
3 June
Rising interest rates have been blamed for a downturn in housing approvals, but tax changes in the federal budget could lead to an uptick. Figures from the Australian Bureau of Statistics showed the total number of dwellings approved in April fell...[Read More]