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‘Stop building in flood plains’: Assistant Treasurer
18 October 2022
‘Stop building in flood plains’: Assistant Treasurer

Stephen Jones has pledged more funding will become available towards “building resilient” properties amid widespread flooding.

Sydney auctions withdraw as clearance rates fall 
18 October 2022
Sydney auctions withdraw as clearance rates fall 

New figures from Corelogic have revealed that both auction levels and preliminary clearance rates fell marginally in the week just gone.

Lending Association partners with Grow Group
17 October 2022
Lending Association partners with Grow Group

EXCLUSIVE Lending Association has acquired Grow Group’s book of predominantly Millennial property investors — and become its finance partner.

Mortgage prison looms with Sydney prices set to drop nearly 200k
17 October 2022
Mortgage prison looms with Sydney prices set to drop nearly 200k

Since peaking in January 2022, Sydney’s house prices have declined significantly, and new data from RateCity predict this trend to continue through to next year’s conclusion.

Latest property tax ‘at odds’ with affordability aim
17 October 2022
Latest property tax ‘at odds’ with affordability aim

The Real Estate Institute of NSW (REINSW) has criticised the Perrottet government’s strategy of combating housing affordability by implementing taxation.

Home sales drop 15.7% in 3rd quarter: HIA
14 October 2022
Home sales drop 15.7% in 3rd quarter: HIA

The Housing Industry Association has released its latest sales report for the month ended in September.

Qld government launches housing framework for youth
14 October 2022
Qld government launches housing framework for youth

The Queensland government has launched a new policy and framework aimed at helping young Queenslanders access safe and secure housing.

First home buyer purchases ‘shot up’ as house values fall
13 October 2022
First home buyer purchases ‘shot up’ as house values fall

As the value of residential property in Australia has continued its fall, first home buyers’ purchases have increased, according to CoreLogic.

NSW launches tool to compare stamp duty v property tax
13 October 2022
NSW launches tool to compare stamp duty v property tax

The NSW government has made it easier for first home buyers to compare the cost between a small annual property payment or paying stamp duty upfront.

‘Big shock coming’: fixed-rate refinancers warned
12 October 2022
‘Big shock coming’: fixed-rate refinancers warned

There’s no discernible trend in loan defaults and arrears now, but it is coming, APRA has highlighted.