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Home buyers are waiting to see where market lands: bank

HOME buyers are holding off to see where the falling Australian housing market lands as high interest rates, stubborn living costs and federal tax changes weigh on valuations. After a strong financial year of loan growth at People First Bank – Australia’s largest customer-owned bank – demand has begun to soften, chief executive Steve Laidlaw says. “I think absolutely people are holding back in terms of potential purchases just to see where the market lands, and of course, it’s creating some hesitancy potentially on the sell side as well,” he told AAP.

Parliamentary report is simply ‘spinning the wheel’

Long way to go to address housing shortfall

Don’t expect government to give you a helping hand

Approvals high, housing completion rates much lower

Still plenty of headaches ahead for the Reserve Bank

Regional and city housing closely connected

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

Now Coalition wants less people arriving

GRADUATE and bridging visas will essentially be scrapped under a radical pitch by the coalition to “regain control” of the migration system and stem the flow of votes to One Nat

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

Modular homes fill niche in gridlocked council

BUILT in a factory yard in the heart of Adelaide’s industrial suburbs, prefabricated homes are filling a niche for rural communities. “Their timeline for construction a