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Families struggling more than ever with home loans

IT now takes a family at least half of its median income to service a home loan, according to a new report. Housing affordability has deteriorated sharply in the March quarter 2026, with rising interest rates placing renewed pressure on Australian households, according to the Real Estate Institute of Australia’s (REIA) latest Housing Affordability Report. REIA president Jacob Caine said the decline in affordability was driven primarily by the Reserve Bank of Australia’s two cash rate increases during the quarter. “The proportion of median family income required to service the a

LGAs urge state government to help ‘turbo charge housing’

Reaching negative equity is a ‘very real possibility’

‘They want us to do better, they want things to change’

CGT share changes will ease home prices, treasurer says

Queensland powering ahead with new home supply

‘Reform is always hard’: PM coy on tax carve outs

NSW stamp duty error ‘must be rectified’

THE Real Estate Institute of NSW has urged the state treasurer not to “bury his head in the sand” in finalising this month’s Budget. “With the treasurer currently

Higher debt as territory axes stamp duty

FIRST home buyers in the ACT will no longer have to pay stamp duty, despite the territory set to surpass $12 billion in debt. The nation-first measure was the centrepiece of Treasurer Ch

Credit card interest and spending still high

AUSTRALIA’s total credit card bill attracting interest dropped in April, despite elevated spending as a result of price hikes flowing through from the Middle East conflict. Leading

WA leads the way in rise of dwelling value

THE country’s less populous states have led a significant rise in the value of residential dwellings nationally. Figures released by the Australian Bureau of Statistics saw residen