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Housing slowdown sharper than Treasury forecast: CBA

CONTENTIOUS tax changes will have a larger drag on home prices than the government forecast in the budget, according to analysis from Australia’s largest lender. Winding back negative gearing and the capital gains discount for established properties will weigh on home prices by five per cent, compared to Treasury forecasts of a two per cent drag, Commonwealth Bank senior economists Trent Saunders and Ashwin Clarke found. A slowdown in the property market was already underway before the budget due to global uncertainty and rising interest rates. But the quick response to t

Do it all again: Conveyancers hit as banks reassess investor loans

‘We need to do more’ to help people buy houses

Global economic body weighs in on Australian rate rises

New figures show ‘uncertainty’ with investment decisions

Selling time increases but so does price of property

Economic pressures fail to slow home renovations

‘Budget is cooked’: debt bites into spending

A GOVERNMENT will impose a partial freeze on public service recruitment as it intensifies its budget focus on reining in the state’s growing debt burden. But the South Austra

House shortage: Time to think inside the box

THE government’s plans to tackle the housing supply crisis with modular homes have further momentum after the premier revealed plans for a financing guarantee. Tasmanian Premier Je

RBA finds investors are older, wealthier

A NEW Reserve Bank research paper has determined Australia has a large number of housing investors and many of them are over the age of 60. The report has found that there is a large coh

Increased demand for townhouses in Victoria

The Victorian Government’s planning reforms are driving a townhouse boom across Victoria. Since the Townhouse Code was introduced in March last year, applications for homes have surged b