Property
Family affair: investor tax changes spawn new tactics
8 July
A 1950s red brick walk-up in southwest Brisbane is a window into how the federal budget is reshaping the property market. Marketed as “the ultimate set-up for multi-generational living”, the three-unit apartment block in Oxley has bucked the...[Read More]
Freefall: home prices notch biggest drop in years
1 July
Home prices have recorded the biggest monthly fall in almost four years as tax changes accelerate Australia’s housing downturn. Sydney’s median home price fell 1.2 per cent to $1,265,608 in June, leading a nationwide decline of 0.4 per cent,...[Read More]
City to take mantle of nation’s most expensive units
1 July
A new capital city is emerging as the most expensive place in the country for units as Sydney’s strongly held prices begin to slip. Brisbane median unit values are forecast to rise by up to nine per cent to $893,000 in 2027, Domain predictions for...[Read More]
Treasurer responds after budget attack by ex-RBA head
1 July
The treasurer has hit back at attacks to budget tax changes from a former Reserve Bank governor after the contentious laws passed parliament. Ex-RBA governor Philip Lowe said changes limiting negative gearing and the capital gains tax discount would...[Read More]
Pledge to fix ‘widow’s tax’ on investment properties
1 July
Treasurer Jim Chalmers has promised to fix laws imposing a so-called “widow’s tax” on investment properties, without providing details on how he will close the loophole. The issue, which relates to investors with jointly owned properties...[Read More]
Home owners told to ‘take a deep breath’ on tax reforms
24 June
Plunging auction clearance rates are not cause for concern, top government ministers are insisting, with one urging anxious home owners to “take a deep breath”. An overhaul of negative gearing and capital gains tax is expected to pass federal...[Read More]
The house price question tying politicians in knots
24 June
Top government and opposition MPs say they want house prices to continue growing – just at a slower rate – after auction clearance rates plunged to their lowest level since April 2020. Nearly 1900 homes went under the hammer in Australia’s...[Read More]
‘Outside the square’: pre-fab homes to speed up supply
24 June
A housing manufacturing hub could revolutionise home building in Australia’s most expensive market. The NSW government says its upcoming state budget, to be delivered on Tuesday, will include funding to establish a partnership with a private...[Read More]
Your home: 7 ways to increase its value and enjoy it more
18 June
Your home is more than bricks, mortar, paint and flooring. It is the place where life happens. It is where families gather, memories are made, visitors are welcomed, and everyday routines unfold. For many people, their home is also one of their...[Read More]
Tax changes spark house listings boom but fewer rentals
17 June
Investors are prematurely offloading their properties before tax changes even hit the market, resulting in a listings boom but fewer rentals. Rental listings across the country have shown large annual falls, with the steepest downturn so far in...[Read More]
Fresh warnings migration cuts could make housing worse
17 June
Migration opponents are being warned big cuts to Australia’s intake numbers would cause havoc for the economy and impact housing targets. Immigration and housing numbers were out of balance with each other but dramatic cuts were not the solution,...[Read More]
CGT share changes will ease home prices, treasurer says
17 June
Controversial tax changes for shares and businesses will prevent more money from being funnelled into existing homes, Treasurer Jim Chalmers claims. Businesses have been relatively receptive to Labor’s decision to wind back tax breaks for property...[Read More]
Get back on the tools and fix housing, government urged
17 June
The Commonwealth must return to its historical role as a home builder rather than a protector of huge profits made by banks and developers. It’s advice that’s been overlooked but a warning that cannot continue to go unheeded, senators have been...[Read More]
How to feel more self-sufficient at home
11 June
There is something deeply rewarding about knowing your home can do more than simply provide shelter. A self-sufficient home gives you a greater sense of control, comfort and confidence. It does not mean living completely off-grid, growing every meal...[Read More]
Cooling house market offers hope to first-time buyers
10 June
Australia’s housing market is experiencing rapid downward pressure because of global conflict and the federal budget, but the conditions are unlikely to benefit renters. Just 51.1 per cent of homes auctioned across capital cities this weekend...[Read More]