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Key groups herald continued slump in home prices

HOUSE prices are likely to continue to fall in the coming months, Australia’s largest residential and commercial property listings site says. REA Group’s outlook is similar to the nation’s biggest home loan lender, Commonwealth Bank. CBA chief executive Matt Comyn said this week he doesn’t expect the housing market to bottom out until well into 2027. CommBank economists continue to predict house prices to fall by nine per cent in this downturn, driven by four interest rate rises this year, and after the federal government tightened tax benefits around negative

Housing numbers improve but still well behind target

More apprentices needed to bolster tradie stocks

Vacancy rates are up as rental growth goes down

Economic pitfalls of not building enough homes

Builders will be adversely affected by ATO decision

Elevated spending ‘could be a problem’ if revenues decline

Aussies paint picture of doom and gloom

AUSTRALIAN households are the most persistently pessimistic they have been since the early 1990s recession, following a fourth Reserve Bank interest rate rise. Following the RBA’s

Aerotropolis investment hitting new heights

COMMERCIAL business tenancy opportunities are at an all-time high around Western Sydney’s new Aerotroplis. The NSW Government has reported private investment in the Western Sydney

THE preliminary auction clearance rates for the combined capital cities took a sharp decline last week, according to property data firm Cotality. The clearance rate fell to 48.2 per cent

Growing population not the answer for economy

AUSTRALIANS face “recession-like” conditions as the nation’s increasing reliance on population growth over productivity catches up with policy-makers. The economy is li