Building approvals on rise but still not enough – Master Builders
Australia is facing a 285,000-home shortfall on the National Accord’s target of building 1.2 million homes by 2029.
Australia is facing a 285,000-home shortfall on the National Accord’s target of building 1.2 million homes by 2029.
Leaked advice on the government's new home target has failed to ruffle the treasurer, who says having an ambitious goal is better than building too few homes.
Businesses and mortgage-holders banking on a cut to interest rates will have to wait more than a month before the next opportunity for financial stimulus.
REINSW board member Jo Natoli fears tenant reforms could lead to thousands of properties taken off the market.
Reserve Bank rate calls are no longer having as much of an impact on buoyant property market, according to conveyancers.
Australia's central bank has left indebted households and businesses waiting longer for much-needed relief with its decision to keep the cash rate unchanged.
New Australian Bureau of Statistics data confirmed the Sunshine State has bragging rights with homeowners flocking to Queensland.
Perfect storm of undersupply - with unit completions falling 40 per cent - and a development pipeline skewed in favour of luxury homes a worry for policymakers.
Regulator does not expect perfection on day one and recognises businesses are up against sophisticated criminals - CEO Brendan Thomas.
A slow start to the year for consumers continues, with weaker-than-expected retail sales a sign of "scarring" from a spike in inflation.