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Qld budget to focus on regional housing

The Queensland government is set to prioritise regional housing in its upcoming state budget, with a particular focus on cyclone-prone coastal communities.

Time taken to save a deposit improves

While housing affordability has worsened, the median time required to save a 20 per cent deposit has fallen to 10.5 years.

NSW government rental bidding ban backtrack

Taking heed of mounting concerns over its potential implications, the NSW government has made the decision to abandon its push to outlaw rental bidding.

Mortgage arrears lift amid tightening serviceability

Rising costs and eroding savings buffers are contributing to mortgage arrears growth, a new report has revealed.

‘Increasingly entrenched’ property rebound a ‘headache’ for RBA

Residential property values have continued to defy contractionary monetary policy settings, with sustained increases heightening the risk of further tightening, according to analysts.

Smaller homes and convenience now prioiritised by families

The cost of living, return to office life, and shift in priorities highlighted during lockdowns are driving Australian families back to smaller homes close to convenience and community.

Labor government announces NHFIC appointments

The federal government has appointed Carol Austin as the new NHFIC chair and Nigel Ray and the Honourable Richard Wynne to its board.

Home values continue to rise

National home values rose once again in May as the pace of growth continues to accelerate.

Home ownership dream feels out of reach: Fintech

A consumer fintech’s survey has found that more than a quarter of young Australians aren’t confident they can achieve home ownership.

Housing affordability weighs on rental market

An undersupply of rental accommodation and an increase in renters is deteriorating affordability, a new report from ANZ and CoreLogic has found.

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