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Government introduces incentive for pensioners to downsize

An additional 12-month asset test exemption is set to be introduced to help incentivise more pensioners to downsize and free up housing stock for young families.

Government introduces incentive for pensioners to downsize
REIQ calls for repeal of ‘illogical’ Qld land tax regime

Calls are building for Queensland to repeal incoming land tax laws that would see property investors taxed based on their whole portfolio, regardless of location.

REIQ calls for repeal of ‘illogical’ Qld land tax regime
Warning issued over off-the-plan purchases in Qld

The state’s Attorney-General is cautioning consumers to be wary of signing purchase contracts for off-the-plan properties.

Warning issued over off-the-plan purchases in Qld
Auction levels nationally fall

It has been a slow start to the spring selling season, with the first week of September seeing auction volumes decline 9.6 per cent.

Auction levels nationally fall
Prime Minister earmarks further $575m for social housing

Up to $575 million will be made available within the National Housing Infrastructure Facility to invest in social and affordable housing, Anthony Albanese has said.

Prime Minister earmarks further $575m for social housing
Housing downturn is accelerating, finds CoreLogic

The Home Value Index has dropped for a fourth consecutive month, with falling values becoming more widespread, according to CoreLogic.

Housing downturn is accelerating, finds CoreLogic
PEXA settles more than $900bn in FY22

PEXA has released strong financial results for the last financial year, revealing the exchange settled more than $900 billion in the year to June.

PEXA settles more than $900bn in FY22
Regional housing crisis fuels job crisis

The lack of affordable housing in some regional communities has sparked a “social crisis”, according to a new report. 

Regional housing crisis fuels job crisis
Commercial real estate enticing lenders, finds CBRE

Both banks and non-banks still find commercial real estate an attractive enterprise despite rising debt costs, a new lender sentiment survey has found.

Commercial real estate enticing lenders, finds CBRE
2-year rent freeze plan slammed as ‘farfetched and unrealistic’

A call from the Australian Greens for private rents to be frozen for the next 24 months for “millions” of tenants has been shot down by the Prime Minister.

2-year rent freeze plan slammed as ‘farfetched and unrealistic’
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