Housing affordability a handbrake on the economy
New report says Australia has the necessary ingredients to be a global economic powerhouse but it is lagging behind.
New report says Australia has the necessary ingredients to be a global economic powerhouse but it is lagging behind.
Land tax exemption continues the government's 'commitment to accelerating housing supply across Western Australia'.
New move 'provides a clear signal that NSW is serious about attracting the global capital needed to boost housing supply'.
Housing expert said 'policymakers need to work to reduce the costs of home building' in Victoria.
Data firm finds weaker auction numbers in seasonal and cyclical downturn, suggesting buyers are appearing more cautious.
NAB says 'evidence of further slowing' in the capital cities has forced it to predict a decline for the rest of the year.
Expert says 'commercial property has a higher return' and 'negative gearing still applies to the sector'.
Expert says 'migration contributes to housing demand directly through population growth and indirectly through stronger economic growth'.
Property council warns 'high construction, labour and capital costs are not going away' as core issues remain 'unaddressed'.
Chalmers still says reforms are worthwhile but admits Labor has suffered from 'big partisan political campaign' against it.