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NSW stamp duty abolition important housing ‘jigsaw piece’: Labor

Labor says it will ‘abolish’ and ‘reduce’ stamp duty for 95 per cent of FHBs if it wins the NSW state election in March, the party has announced.

Decline in home values breaks records

Australian home values have dropped 8.40 per cent since May 2022, the largest peak-to-trough on record, according to CoreLogic.

Dwelling approvals fell 9% in November: ABS data

Data released by the Australian Bureau of Statistics revealed that the total number of dwellings approved declined in November.

Qld expands housing-supply expert panel

‘Depth and breadth’ of advice is behind extra appointees to the Queensland Housing Supply Expert Panel, the state government has announced.

1100+ new home owners mark regional scheme’s success

The federal government’s earlier Regional First Home Buyer Guarantee launch has helped more Aussies sooner, it has said.

National residential property listings fall 5.5%: SQM

The investment research house released its findings on national residential property listings, revealing a nationwide drop as of December 2022.

Property outlook warns of downside risks despite end-of-year slowdown

CoreLogic has projected that the rate of decline may pick up speed in the early months of the new year.

Holiday home owners’ tax deductions in spotlight: ATO

Validity of property owners’ holiday home claims a key part of new tax crackdown, the ATO has explained.

Government drops downsizer contribution age to 55

The federal government has expanded the eligibility age for people to make downsizer contributions into their superannuation as of 1 January 2023.

Mortgage serviceability a test in 2023

The new year will be a trying time for mortgage holders as record-low fixed rates secured in 2021 begin to expire.

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