Property

PM promises early super for housing
16 May 2022
PM promises early super for housing

The Liberal Party has pledged to allow first home buyers to use their superannuation savings for housing deposits, but the proposal has come under scrutiny. 

41.4% of income needed to service mortgage, finds report
16 May 2022
41.4% of income needed to service mortgage, finds report

More than two-fifths of a borrower’s income was needed to service mortgages in March 2022, after rising for the third consecutive quarter, according to new research.

Majority of South Australians worried about housing
16 May 2022
Majority of South Australians worried about housing

A new survey has found the vast majority of South Australians know someone who is struggling in the housing market, with fears for people locked out of ownership. 

Qld invests $741m to help rebuild flood-impacted homes
16 May 2022
Qld invests $741m to help rebuild flood-impacted homes

The state’s government has revealed the launch of its Resilient Homes Fund, devoted to rebuilding homes damaged from the floods.

Newly built homes sales slowed in April: HIA
13 May 2022
Newly built homes sales slowed in April: HIA

The sales of new detached dwellings slipped over April, and ran lower than a year earlier, when HomeBuilder was in full swing.

Time taken to save a deposit hits record 11.4 years
12 May 2022
Time taken to save a deposit hits record 11.4 years

Housing affordability has worsened, with the median time required to save a 20 per cent deposit blowing out to 11.4 years, according to a new ANZ CoreLogic report.

NT commits $68m to residential land development
11 May 2022
NT commits $68m to residential land development

The territory’s government has unveiled its latest budget, confirming further support in land developments and a record investment in remote housing.

Perth, Darwin values lift as capitals cool down
11 May 2022
Perth, Darwin values lift as capitals cool down

Homes across smaller capital cities have continued to rise in value, with Perth and Darwin reporting distinctive bumps in growth.

Delinquency rates to rise over 2022: Moody’s
9 May 2022
Delinquency rates to rise over 2022: Moody’s

Mortgage arrears will increase “moderately” across the country over the calendar year, according to new findings from the financial services group.

Tasmania switches up shared equity housing scheme
9 May 2022
Tasmania switches up shared equity housing scheme

The state government has partnered with a new lender for the home ownership scheme, as it prepares for a rebrand and higher thresholds.