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.
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.
The property investment community is deserting the sector in droves, a new survey by the Property Investment Professionals of Australia shows.
Modest adjustments to property investors' tax concessions will save billions in the federal budget and help fund housing supply, independent senator David Pocock claims.
New research from CoreLogic and the ABS shows almost a third of Australian suburbs have an average $1m price tag - and the country's household property portfolio has reached a record $16.5 trillion.
Despite a marginal rise in confidence among property industry professionals, a new survey shows supply shortages continue to be a big issue.
Despite reports Treasury was looking at changes to negative gearing, Athony Albanese has hosed down suggestions Labor will take it to the election, amid warnings it could hike up rents.
Rental reforms planned for Sydney have market transparency, more options to pay, and fairer pet restrictions on the agenda.
A fifth of Australians looking to move are searching for interstate properties, according to new data.
Ray White Group’s Nerida Conisbee thinks falling inflation could put enough pressure on Michele Bullock and the Reserve Bank to act before the end of the year.
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