Category: Property

Treasurer Scott Morrison says Australian housing won’t crash

Treasurer Scott Morrison says Australian housing won’t crash

Treasurer Scott Morrison has reassured American investors that Australian housing is solid and won’t have a hard landing. In an address...

Pet bans lifted and other Victorian rental reforms

Pet bans lifted and other Victorian rental reforms

The Victorian government has unveiled a raft of changes to the state’s rental laws which will give every tenant the right to own a pet,...

One third of borrowers financially illiterate

One third of borrowers financially illiterate

A large number of borrowers will be under financial stress because one in three don’t understand they have interest only loans and are...

Sydney home prices dip for the first time in 17 months

Sydney home prices dip for the first time in 17 months

The hot east coast property market is losing steam with the latest CoreLogic report showing Sydney property prices have dropped for the...

Unaffordable housing distorting market: ANZ

Unaffordable housing distorting market: ANZ

Deteriorating levels of housing affordability is seeing young people increasingly unable to form households, reducing the current demand...

Mortgage delinquencies rise

Mortgage delinquencies rise

In a worrying sign showing how the economy is tracking, ratings agencies Moody’s and S&P Global have found the number of delinquent...

Australia’s construction sector continues to grow, driven by engineering

The construction industry is still expanding, despite a drop off in activity. The latest Australian Industry Group/Housing Industry...

Housing affordability slides

Housing affordability slides

Housing affordability has declined in the second quarter and the worst place was in New South Wales. The latest Adelaide Bank/REIA Housing...

Building approvals down, construction rises

Building approvals down, construction rises

Construction work done in Australia rose 9.3 per cent in the June quarter, according to figures from the Australian Bureau of Statistics....

HIA survey shows home sales crashing to a four year low

HIA survey shows home sales crashing to a four year low

A sharp decline in apartment sales has dragged Australia’s home sales down to a four year low in July. Housing Industry Association...