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Brace yourself for a big fall in house prices

The Budget’s tax whack on property investors will accelerate a housing slowdown caused by interest rate hikes, potentially producing the biggest downturn in more than 40 years. Home price growth was already slowing nationwide, with outright falls in Sydney and Melbourne, following three straight Reserve Bank rate rises. But the changes to negative gearing and capital gains tax concessions in the Federal Budget could cause housing prices to fall by up to 10 per cent, Morgan Stanley analysts said in a research note on Thursday. By lowering expected retur

Jobless rate sparks predictions of interest rate hold

Labor’s Budget threatens to kill the ‘Australian dream’

Plan to plug the gap in housing options for Adelaide

Greens need more if Labor is to get their support

Population has quickly turned against Budget measures

Small businesses become target of Budget conjecture

Conveyancers slam ‘ridiculous’ tax changes

Conveyancers have slammed controversial tax changes announced in last week’s Federal Budget, saying the industry has already taken a hit as investors retreat from property. Treasurer Jim

Property buying sees decline in lending rates

RECENT interest rate hikes and plunging consumer confidence has seen Australia’s housing demand soften in the March quarter. The latest ABS Lending Indicators reflect this, showing

State and local governments typically require new housing to include off-street parking – often much more than residents want, needlessly driving up the price of housing. This is the vie

Climate change risks billions in infrastructure

TENS of billions of dollars worth of roads, rail, hospitals, and energy assets in one state alone are at risk of damage or destruction from climate change-fuelled extreme weather. In wha