NEWS

Jul 31, 2024

Minister: Deadlines with penalties needed to keep interoperability on track

The Federal Assistant Minister for Competition wants states to impose deadlines and penalties to ensure the reform of the lucrative electronic conveyancing industry stays on track. The call comes after the interoperability regulator stopped its decade-long work on the change that would dismantle the monopoly help by the publicly-listed PEXA.

By MELISSA IARIA

Jul 31, 2024

Housing revamp is NT Labor’s headline election pledge

Leaders Eva Lawlor and Lia Finocchiaro have gone head-to-head in a civil debate as the NT government prepares to enter election caretaker mode.

By AMANDA PARKINSON

Jul 28, 2024

Liberal leader Pesutto pitches housing plan to faithful

Victorian Liberal leader John Pesutto has used a speech to party faithful to pitch a crackdown on cultural heritage process delays to speed up housing builds.

By CALLUM GODDE

Jul 25, 2024

NSW, Queensland vow to push on for reform

After electronic conveyancing regulator ARNECC paused its decade-long work to facilitate interoperability in the industry and break a property settlement monopoly, two states bodies have vowed to push ahead with the reform.

By LEWIS PANTHER

Jul 23, 2024

IT outage compensation talk inevitable: CrowdStrike

The Australian president of CrowdStrike has apologised for the cybersecurity company's role in causing an outage that crippled global IT systems. Friday's outage, which hit an estimated 8.5 million Windows devices worldwide, was caused by a logic flaw in a software update sent by cybersecurity provider CrowdStrike to its customers, the company's Australian president Michael Sentonas told Sky News.

By JACOB SHTEYMAN

Jul 23, 2024

Australia warned to wise up as cyber attacks continue

As technology evolves, so do criminals, and the government must update its infrastructure and standards to keep Australians safe, an expert has urged.

By KAT WONG

Jul 23, 2024

Home building to gather steam but undershoot 1.2m goal

A recovery in home building is coming but will take time and is still expected to fall short of the 1.2 million national target.

By POPPY JOHNSTON

Jul 18, 2024

Renter relief hits with more cooling in sight

Clouds are finally starting to part for Australian tenants, with rents in most major cities either falling, stalling or growing at a slower pace. Low vacancy rates have pushed advertised rents higher for several months running but the latest report from real estate platform Domain shows conditions are improving for renters.

By POPPY JOHNSTON

Jul 18, 2024

Home lending slips but still well ahead over the year

New home lending remains far ahead of where it was a year ago despite a minor dip in May for property investors and owner-occupiers. Over the month, the Australian Bureau of Statistics logged a 1.7 per cent fall in all new housing loans, to $28.8 billion, with first-home buyer loans down the most, sinking 2.9 per cent.

By POPPY JOHNSTON

Jul 18, 2024

First mini-cities revealed in fast-tracked housing plan

The first planned mini-cities have been unveiled under a signature NSW housing policy a minister insists will enable the state to deliver on ambitious home-building goals. Tens of thousands of homes could be built near four stations as part of a blanket high-density rezoning around those and other transport hubs. Plans for the initial fast-tracked precincts were revealed on Tuesday as part of a strategy the government says will rebalance housing growth around new metro stations and existing train infrastructure.

By ANDREW MITCHELL