Auctions surge before spring selling season on back of rates cuts
Research shows 2,127 capital homes scheduled for auction this week – marking the first time auction volumes have risen above 2,000 since late-June.
Research shows 2,127 capital homes scheduled for auction this week – marking the first time auction volumes have risen above 2,000 since late-June.
Australia's regions are facing a worsening housing shortage, with typical country houses part of the complex problem, a report has found.
Aussie couples without kids and people living alone make up the majority of households but property data reveals housing stock is built for bigger families.
Broad support for Clare O'Neil's suggestions around reforming the National Construction Code.
Industry association PrefAUS has ambitious targets of 30 per cent of all construction by 2033 - and wants to be a big player at the Brisbane Olympics.
Economists say scrapping the property purchase tax should be high on the agenda on the back of the government's Productivity Roundtable.
But the nation has been down in the dumps for the second longest period since the respected Melbourne Institute Consumer Sentiment Index began its survey 50 years ago.
Australia must cut unnecessary red tape and boost business investment if young people are to be better off than their parents, the productivity tsar says.
The unemployment rate slid to 4.2 per cent in July, partly because of an unwinding from an earlier, outsized jump, the Australian Bureau of Statistics reports.
Banking and real estate analysts are forecasting a double digit lift in property prices over the next 18 months.