Treasurer downplays property tax windfall from budget
Jim Chalmers is talking down the amount of extra revenue that changes to negative gearing, and the capital gains tax discount will add to the budget.
The challenge of finding a new home
Jim Chalmers is talking down the amount of extra revenue that changes to negative gearing, and the capital gains tax discount will add to the budget.
Council delivers six key priorities to improve housing reform including increased investment in social housing.
Market analysis shows the property scene is weakening slightly as buyers become 'less optimistic'.
Premier believes much is still needed to be done to unlock more homes but progress is being made.
Industry sentiment is waning quickly in Victoria and remains cautious in NSW but Queensland is buoyant.
Statistics show WA is well short of its target to build more new homes as part of the National Housing Accord targets.
A major home builder says overall sales are healthy, despite some signs of a moderation in activity in April, as it watches supply chain impacts from the war.
House prices for homes under thresholds for a five per cent deposit scheme are outstripping increases for all other homes.
It takes a year longer to build an apartment compared to a decade ago as a result of onerous red tape, the housing industry says.
Industry groups call on government to treat regional areas separately to the cities when developing housing initiatives.