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Property
Red tape ‘deadening’ nation’s ability to build houses
Governments need to review their housing construction regulations to address sluggish productivity if they want to fix housing affordability, a report says.
News
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Property
Australia’s rental crisis refusing to go away
Tightening rental vacancy rates push rents for Sydney units up to an average of $841. And to an average of $640 in Melbourne, according to analysis by SQM.
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Property
First-time buyers priced out of rural homes – conveyancer
Big price increases mean only miners can service mortgages, according to a rural conveyancer who specialised in the first-time buyer market
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Property
Aussies with HECS debts to get easier mortgage access
Home ownership will be easier for Australians with outstanding student debt after financial regulators promised to update their guidance on lending restrictions.
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Economy
Is Pimpama Australia’s fastest growing suburb?
Conveyancers and property lawyers in the 4209 postcode have witnessed a decade-long surge in growth in the south-east Queensland hotspot.
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Property
Aussies opt for regional living, pushing up home prices
A continued shift of Australians moving to regional towns for lifestyle reasons has boosted property prices at the expense of capital city values.
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Property
Essential intervention to provide worker housing boost
A state-backed plan aims to create new units essential workers can afford to live in, but officials are yet to reveal how much cheaper the rent will be.
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Economy
Inspections and auctions on the rise, CoreLogic and Ray White say
With 30,000 house hunters checking into open homes across Australia on Saturday – including 70 would-be buyers inspecting a renovated home in Canberra – analysts are seeing a marked uptick in market activity.
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Regulation
Retiring renters face homelessness as ownership falls
As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.
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Property
Best state at addressing housing crisis revealed
Planning reforms, streamlined development approvals and a strong focus on land releases are helping South Australia solve the state’s housing shortage.
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Economy
Office vacancy rate remains steady as demand stays positive
Businesses still call our CBDs home as they balance flexible working arrangements with face-to-face contact in the office.
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Economy
Aussie property market healthiest in years: REA boss
REA Group chief executive Owen Wilson says there are a lot of buyers and sellers of Australian property right now in anticipation of rate cuts.
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General
Flood of nominations for Australian Conveyancer IWD event
Last chance for you to nominate an influential female leader to be recognised at our International Women’s Day event.
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Regulation
Australian Conveyancer part of evidence to government PFAS inquiry
Submission by Lotsearch founders Howard Waldron and Pete Rodgers was described as “fascinating” by committee deputy chair The Hon Taylor Martin.
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Economy
House prices expected to rise amid supply challenge
Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.
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Regulation
Conveyancers urged to share views on off-the-plan reforms
A major shake-up of off-the-plan contracts will give conveyancers a chance to have their say on the reforms and the way covenants like sunset clauses impact their clients.
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Property
Approvals for apartments at worst level since 2011
Three housing industry bodies have voiced concerns about approvals for apartments and units going in the wrong direction.
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Economy
Shortest market downturn on record as property prices rebound
Growing expectations of an interest rate cut have boosted market sentiment, according to Ray White.
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Property
Prefab homes could soar in value on big four bank move
Building prefabs in a factory can cut construction times down to 10 to 12 weeks – compared to 18-plus months through traditional methods.
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Property
$12 billion infrastructure program needed over next five years
Funding essential to unlock land and to deliver infrastructure – such as roads, water and sewerage – that housing developments require.
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Property
Tight rental market continues in QLD – and building falls below target
Forty-eight out of the 50 regions in a new REIQ report have landed in what they classify as a tight rental market.