Demand for houses heading towards the $20 million mark is strong, with local buyers and upgraders the most active in the prestige residential market, a new CBRE survey shows.
Conveyancers must avoid generic anti-money laundering compliance programs when new rules are in force, AUSTRAC is warning as it rolls out new guidance.
Queenslanders have lost out on 33,000 new homes and 10,000s of jobs to investment-killing taxes, according to Property Council executive director Jess Caire - a former conveyancer - who criticised the state government as the peak body released new research.
Australia’s sluggish construction market is facing even more headwinds, industry leaders are warning as new data from the Australian Bureau of Statistics shows the number of building approvals heading in reverse.
Ongoing debate over housing policy prompted Treasury advice on negative gearing, according to Jim Chalmers, who spoke out after the Prime Minister denied the government had plans to reform the scheme.
The property investment community is deserting the sector in droves, a new survey by the Property Investment Professionals of Australia shows.
Modest adjustments to property investors' tax concessions will save billions in the federal budget and help fund housing supply, independent senator David Pocock claims.
New research from CoreLogic and the ABS shows almost a third of Australian suburbs have an average $1m price tag - and the country's household property portfolio has reached a record $16.5 trillion.
Despite a marginal rise in confidence among property industry professionals, a new survey shows supply shortages continue to be a big issue.
Despite reports Treasury was looking at changes to negative gearing, Athony Albanese has hosed down suggestions Labor will take it to the election, amid warnings it could hike up rents.
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