Property

The Victorian government has recently introduced reforms that will eliminate the need for a planning permit for granny flats.

Australia’s mortgage debt has surged to $2.2 trillion, according to the latest data from CoreLogic.

The latest ABS data on building approvals has revealed a fall in total dwelling approvals for September, becoming the third-lowest month since June 2012.

The institute’s chief executive has called out the Queensland state government for its lack of support towards investors.

Despite several economists calling for migration control as part of a housing affordability solution, CoreLogic has argued otherwise.

A report by the customer-owned bank has found that the majority of people agree that home ownership is important to their happiness.

Lending activity from investors drove housing lending growth in September, the ABS has found.

While overall business credit declined during the September quarter, businesses are continuing to invest in assets.

The RBA’s hiking cycle continues to dampen building approvals as the full effects are felt throughout the economy.

Despite a tough economic climate, 60 per cent of home buyers say now is a good time to purchase, according to Helia.