Sydney experienced the steepest rise in house rents followed closely by Perth, which had the highest increases for unit rents.
Drastic measures are needed, as numerous surveys show the government’s Housing Accord is already lagging.
Property firms and policy makers are highlighting DA delays and the impact on construction projects, as analysis of the NSW Planning Department reveals seven councils where approval takes 215 days or longer.
Businesses that fail to disclose ransomware payments could face fines of more than $18,500 under Australia's first standalone Cyber Security Act.
Australian homes have reached $11 trillion for the first time - but the speed of growth is slowing, according to latest CoreLogic data.
Analysts are forecasting a busy October and a surge in November as a mixed bag of influences come into play for the spring selling season.
Low apprenticeship numbers will worsen the nation’s housing crisis if action is not taken immediately.
Over the next 10 years, demand for housing is expected to benefit from a combination of population growth of 3.9 million and employment growth of 2.6 million with income rising by $36,000.
Australia is building 15,000 fewer homes than needed each quarter to reach the 2029 target of 1.2 million new homes by 2029, data from the Australian Bureau of Statistics shows.
The Reserve Bank is warning a looming cap on international students could affect economic growth, as a parliamentary report examining the proposal was delayed.
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