Housing bubble warning as deposit scheme fast-tracked
House prices could surge and mortgage defaults rise when a government scheme to help first home buyers begins ahead of schedule, experts warn.
House prices could surge and mortgage defaults rise when a government scheme to help first home buyers begins ahead of schedule, experts warn.
In a decision that "won't be met by universal happiness" the first new train station in a decade will sit next to Australia's most expensive housing market.
A federal program allowing just a five per cent deposit for people to get their first home has been brought forward by three months.
Property Council, Master Builders Australia and the Housing Industry Association all back government moves to address National Accord backlog.
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.