Australia stepping up to the challenge
Despite predictions that a five per cent deposit scheme will drive up house prices, analysts say the government policy could be good news for the nation's renters.
Funding support for crucial roads, paths and drains could pave the way for more homes as the regions buckle under the weight of the housing crisis.
In a scene playing out across the country, passionate locals have filed into a town hall and taken up battle positions to fix housing affordability woes.
An expanded government scheme to help first-home buyers clear the deposit hurdle could pour more fuel on the red-hot property market, housing experts warn.
Owning a home has been out of reach for many Australians for many years but a new federal deposit scheme starting today aims to give first home buyers a leg up.
The great Australian dream of property ownership continues to resemble a nightmare for many buyers as prices surge and the supply of homes dwindles.
Unit approvals fall by a third in August, weighing heavily on government hopes that higher density homes will help solve the housing crisis.
The 115,970 construction industry apprentices who are in training is 4.6 per cent fewer than a year earlier, according to latest figures.
Findings show the way new homes across the country are taxed has to change, according to the Property Council.
Aging skilled workforce and competition from other industries holding back residential house builds.
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