‘Project-by-project’ moves toward lofty housing target
Australians have been told the housing crisis can't be solved in one fell swoop as brand new inner-city homes are opened for people on low incomes.
Australians have been told the housing crisis can't be solved in one fell swoop as brand new inner-city homes are opened for people on low incomes.
Short-term rental hosts would be more likely to leave their properties empty than list them on the long-term rental market to aid supply, a survey shows.
Tax concessions for build-to-rent developments have been extended, in a move that has been welcomed by industry figures.
Developers will get improved guidelines for building their own roads to support more homes as concessions for build-to-rent developments are extended.
A bid to sell a racecourse in Australia's urban heartland to build 25,000 homes has been scratched as eyes turn to the last working port in Sydney Harbour.
The gender pay gap is leaving women with fewer properties and shares than men, says a survey indicating more than four in ten women have no such assets at all.
A state-backed plan aims to create new units essential workers can afford to live in, but officials are yet to reveal how much cheaper the rent will be.
Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.
Investors might start looking outside of the property market where most of Australia's wealth is held, as returns for another sector outstrip housing.
People who own property might be able to make more than $30,000 a year, if the market is good, simply by holding onto their asset for about nine years.