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Property
House prices surge as city-dwellers flee to the regions
Aspiring home buyers are fleeing to the regions as falling interest rates and limited supply drives city house prices to fresh record highs.
News
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Property
Home values on biggest upwards curve in two years
The average prices of homes across the country have had unusually strong month, in part because of government incentives are pushing up demand.
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Property
Why housing and infrastructure must be in lockstep
While the national housing construction target dominates headlines, the roads, rail and critical community infrastructure need to be developed on step, peak bodies warn.
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Property
Big bank boss takes swipe at surcharge ban consequences
As the Reserve Bank considers a ban on credit card surcharges, the head of the nation’s biggest bank has warned of “wrong assumptions” about the payments.
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Property
Wages growth running out of steam after inflation spike
Economists expect Australian Bureau of Statistics data to show workers’ pay packets are still growing in inflation-adjusted terms, but maybe not for long.
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Regulation
Agents of change: ‘realtors need to be across the AML rules’
In a parliamentary inquiry into law enforcement, Australian real estate boss says agents need to be on top of obligations and the rules of engagement.
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Property
RBA reveals what would rule out more interest rate cuts
Barring a material rise in unemployment or weaker-than-expected economic growth, mortgage holders can just about give up hope for any more interest rate relief.
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Property
Consumers say ‘tis the season of hope and spending
While 2025 has brought a lot of difficult news for families, many are determined to look past that and towards Christmas cheer and retail therapy.
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Property
Insight on cash rate pause as economy runs at capacity
Rate-watchers will delve into the Reserve Bank’s unanimous decision to keep interest rates on hold as stubborn inflation lingers with the economy at capacity.
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Property
Building momentum: the south is leading the way
While it will take all states to contribute to the national new home building target of 1.2 million constructions by 2029, Victoria is currently leading the charge.
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Regulation
AML/CTF starter kits set to offer a happier New Year
A source of anxiety for conveyancers as AML/CTF changes loom has been not knowing where to start. AUSTRAC pledges to provide the answers in January. It’s late, but with deeper detail, they say.
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Property
Wages data could force RBA to turn page on rates cut
Unlikely to receive another rate cut in the next six months, borrowers will at least see the big four banks face parliamentary scrutiny in Canberra this week.
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Property
How energy upgrades supercharge property values
A lick of paint here and there and a freshly tiled bathroom may freshen up a home and sometimes add value. But that’s not what moves the dial for property sale prices. In the US, energy efficiency is the real game-changer.
Property
Tide turning on Reserve Bank rate cut expectations
More economists are predicting the interest rate-cutting cycle is over following surprise jobs data, but youth employment figures could tell a different story.
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Regulation
Small business fears of AML/CTF fees doused
AUSTRAC CEO Brendan Thomas says it is unlikely most conveyancers will be required to pay a levy on the back of AML/CTF law reforms.
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Property
Worker shortages dampen surge in green energy, housing
PUBLIC investment in green energy and social housing has surged but worker shortages and sluggish productivity growth are holding projects back. Tens of billions of dollars were added to Australia’s major infrastructure pipeline in the past year, federal advisory body Infrastructure Australia found in a report released
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Property
Signs labour market outlook gloomier than RBA thinks
Unemployment is likely to fall in the latest reading, but some economists think the rate could rise further next year, leaving the door open for more rate cuts.
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Property
Red tape ‘layers’ peeled back to build homes quicker
Drawn-out planning approvals are being sped up with a one-stop shop ticking off major projects, heightening environmentalists’ concerns about fossil fuel plans.
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Compliance
Compliance burdens put operators on high alert
Significant changes are coming for Australia’s anti-money laundering and counter-terrorism financing legislation, with conveyancers soon to be among the entities responsible for reporting.
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Property
Hmmm … no job, no income but $35m cash to buy a house?
Anti-money laundering and counter terrorism financing law reforms introduced next July aim to weed out the dodgy behaviours in the Australian property market. AUSTRAC overseeing the changes highlights extreme real-life examples.
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Property
Big four banks slammed for profiting from fossil fuels
Australia’s big four banks have made billions from investing in fossil fuel projects in the past decade, but only two have made steps to walk away.