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Property
Economic factors hurt housing growth as rents continue to rise
Rent prices rose during May as research firm expects less investment in the housing market due to Budget measures.
News
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Economy
Monetary data could play a role in Reserve Bank thinking
Raft of figures released this week will be closely monitored by the RBA, including national home prices.
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Property
SA to house ‘first ever, first home buyer’ area
Premier to allot $50 million in state Budget for 400 new homes that will be exclusively for first home buyers.
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Economy
Coalition to hit budget by billions of dollars, says government
Jim Chalmers releases costings suggesting Coalition plans will have massive effect on federal budget in years to come.
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Economy
Half of Aussies feel good about retirement
But current cost-of-living pressures see Australians wanting at least $1 million in super to fund life after work.
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Economy
Popularity surges: One Nation now number 1
New poll sees One Nation outstrip Labor as Pauline Hanson considers the possibility of becoming prime minister.
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Economy
Libs ‘only party capable of toppling rotten Labor’
Angus Taylor tells party faithful ‘battle lines are drawn with the Budget’ and reiterates promise to tackle migration.
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Economy
‘Vested interests’ protest housing tax changes
The property industry is challenging the government’s modelling on the impact the federal budget will have on renters and housing supply.
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Regulation
On the home straight: AML/CTF reform deadlines loom
The clock is ticking and it is also time for Tranche 2 entities to tick all the boxes as the long-awaited AML/CTF laws reform deadlines finally land on the doorstep.
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Economy
Treasury chief defends Labor’s beleaguered budget
Controversial budget changes would have cut the lifetime tax benefits for the top one per cent of earners by $400,000 if implemented in 2000, Treasury says.
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Economy
‘Huge mistake’: how Howard spurred Boomer investors
The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.
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Economy
Resilient forgotten generation is coping, not thriving
Generation X, which sits between Baby Boomers and Millennials, are the subject of a new Australian study into how they feel about their financial future.
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Property
New tax settings must be offset by greater supply measures
Advocacy body says the ‘fastest long term guarantee of housing affordability is doubling supply’.
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Economy
RBA finds investors are older, wealthier
Reserve Bank research shows that investors may sell their properties if wealth projections from capital gains change.
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Property
Less words and more action to boost housing supply
Peak body welcomes government intent but now wants coordinated action to turn ‘ambition into outcomes’.
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Economy
Flat-packs answer to lack of housing
Government investing in plan to have basic house components prepared off-site and delivered in IKEA-like flat-packs.
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Property
Millions set aside to help promote more housing in NSW regions
Government expands Low-Cost Loans Initiative to incentivise more crucial infrastructure in regional areas.
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Property
Gen X ‘resilient and capable’ in face of economic pressure
New study shows ‘forgotten population’ may have to take their mortgage debut way into their retirement.
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Economy
Full steam ahead for controversial new tax measures
Government hopes legislation will pass quickly as it attempts to lay down “overarching framework”.
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Regulation
Auditor engaged to see if club is meeting AML/CTF obligations
Sports club faces probe as regulatory body requires confirmation it is complying with the new guidelines.
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Economy
Questions over application of proposed CGT changes
Treasurer wants changes to be applied broadly but business groups anxious they are confined to property.