Housing costs crisis needs ‘decades’ of falling prices
Recent falling house prices have barely eroded an affordability gap that has built up over years of rising values, as experts warn much more time is needed.
The policies shaping our future
Recent falling house prices have barely eroded an affordability gap that has built up over years of rising values, as experts warn much more time is needed.
Australia's housing market is undergoing a broad-based downturn with interest rate rises and affordability pressures denting investor confidence.
At a time when households face higher insurance premiums across the board, the industry is being warned not to penalise customers paying monthly or quarterly.
Housing body warns significant changes could 'increase compliance burdens and constrain business investment'.
Libs need to 'communicate more with the public about the fact that it's only the Liberal Party that will look after Australian families'.
Board minutes reveal 'threat of inflation would stick around as long as productivity growth remained persistently weak'.
Government tax changes need to be reassessed as 'people create demand for housing and investment creates supply'.
Auction volumes continued to drop, maintaining a trend of being consistently lower year on year.
Labor minister says 'we have seen a bit of a change in the public mood since Pauline Hanson's press club speech'.
Treasurer says government will fix the tax but 'we'll make clear the way that we will fix it in the legislation that follows'.