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Regulation
Time to get your AML/CTF house in order
AUSTRAC is calling for all relevant businesses to complete their enrolment process by the end of July.
News
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Property
Approvals is one thing, completed houses is another
Property group says ‘real test is whether projects can move through feasibility, financing, construction and completion’.
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Property
Housing approvals rebound, but still behind targets
The number of dwellings granted approval has hit a five-year high, but national housing levels still lag federal targets.
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Economy
‘Softer than we thought’: RBA’s admission on inflation
The Reserve Bank’s chief economist has admitted inflation predictions came in lower than expected due to volatility with the fuel market.
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Property
Councils ordered to plan for housing 30 years away
‘Cynical’ local councils are being taken to task as one state demands a long-term feasible plan for housing development in its capital city.
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Economy
Surprise inflation fall eases RBA rate hikes risk
Inflation figures have come in under the Reserve Bank’s predictions, but some economists warn they might not paint a true picture.
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Property
Red tape strangling housing crisis efforts
Removing layers of rules and having the political will to stand up to NIMBYs are among a raft of measures put forward to fix Australia’s housing crisis.
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Property
Productivity body hits the right note
Peak property body agrees ‘the nation’s housing targets will not be achieved by minor tweaks around the edges’.
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Regulation
‘Contentious settlement solution’ under the microscope
Victorian conveyancing body says transparency around customer transactions must be paramount.
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Economy
Fears of an interest rate hike tempered with latest data
Inflation falls marginally but annual inflation for new dwellings has reached its highest level in three years.
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Property
There’s a gulf between vendor and buyer
Real estate group says vendors are still anchored to peak prices from months ago, while buyers respond to economic conditions.
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Economy
Immigration debate ‘has not kept pace’ with the data
New report shows a big drop of 45 per cent in migrant numbers in Australia since the peak number in 2023.
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Economy
Banks ‘not getting the basics right’ with offset accounts
Failure to properly link offsets to mortgages has seen loan repayments stay the same and more interest being paid.
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Economy
‘Too high’: RBA rates warning as inflation fears flare
The Reserve Bank governor says interest rates may need to go higher, as Australia’s weak productivity problem locks households in for lower living standards.
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Property
The rules stopping Australia from building more homes
Allowing more homes to be built in places where people want to live will help fix Australia’s housing crisis, the Productivity Commission says.
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Property
Volume numbers rise but are still down
Despite a rise over the last two weeks, ‘auction volumes have remained consistently below levels recorded a year ago’.
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Regulation
Practice raises ‘serious contractual and legislative concerns’
Real Estate Institute of NSW backs calls for deposit flicking to have ‘closer scrutiny’ from authorities.
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Economy
People are thinking twice about spending their money
Consumer sentiment is weaker but discretionary spending is not ‘falling off a cliff in Australia’.
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Property
Home ownership dream increasingly becoming reality
Premier says ‘Queensland now has more homes under construction than at any point in the state’s history’.
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Economy
All eyes on key data and RBA governor’s speech
Leading economists believe interest rates will remain on hold despite elevated inflation and cost of living pressures.
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Economy
Challenges aplenty place small businesses under pressure
Regional small businesses suffering under rising costs, housing shortages, limited access to essential services and workforce challenges.