Oct 8, 2024
When will the Reserve Bank cut rates?
Eight of the country’s top economists on when they think the RBA will make a change to the cash rate.
ARTICLES
Oct 8, 2024
Sharp fall in approvals for higher density homes
Master Builders Australia says new Australian Bureau of Statistics data for the month of August revealing a 6.1 per cent decline in the total number of new home building approvals is cause for alarm.
Oct 4, 2024
Auction clearances decline six weeks in a row.
There are currently 2,007 capital city homes scheduled for auction, up 9.3% on last week when 1,836 homes were taken to auction, but substantially down on the same time last year when that figure stood 2,446.
Oct 3, 2024
Two surveys show rental growth slowing after a four-year surge
Rental growth is starting to ease after four years of runaway rises and prices climbing more than by 40 per cent, according to analysis by both Domain and PropTrack.
Oct 3, 2024
Wealthy Australians prop up the $10 million-plus property market
Demand for houses heading towards the $20 million mark is strong, with local buyers and upgraders the most active in the prestige residential market, a new CBRE survey shows.
Oct 2, 2024
Avoid out-of-the-box AML compliance, conveyancers warned
Conveyancers must avoid generic anti-money laundering compliance programs when new rules are in force, AUSTRAC is warning as it rolls out new guidance.
Oct 2, 2024
Apartment-killer taxes in QLD lashed by Property Council
Queenslanders have lost out on 33,000 new homes and 10,000s of jobs to investment-killing taxes, according to Property Council executive director Jess Caire - a former conveyancer - who criticised the state government as the peak body released new research.
Oct 2, 2024
All signs point to a continued property slowdown
Australia’s sluggish construction market is facing even more headwinds, industry leaders are warning as new data from the Australian Bureau of Statistics shows the number of building approvals heading in reverse.
Oct 1, 2024
Advice on negative gearing ‘not out of the ordinary’
Ongoing debate over housing policy prompted Treasury advice on negative gearing, according to Jim Chalmers, who spoke out after the Prime Minister denied the government had plans to reform the scheme.
Oct 1, 2024
Property investor exodus blamed on tax and compliance
The property investment community is deserting the sector in droves, a new survey by the Property Investment Professionals of Australia shows.
