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Latest news: Construction and Property

Rate cut could fuel further 'modest' house price growth

Rate cut could fuel further 'modest' house price growth

Australia's house prices continue to climb across every capital city after a recent interest rate cut, despite a slump in auction clearance rates.

Luxe Listings company folds amid fiery co-creator feud

Luxe Listings company folds amid fiery co-creator feud

Luxe Listings company folds amid fiery co-creator feud

Luxe Listings company folds amid fiery co-creator feud

The entertainment company behind the hit reality series Luxe Listings is on the rocks as its co-founders continue their lengthy battle over their Amazon deal.

Dutton shows sweeter side in chocolate shop stop

Dutton shows sweeter side in chocolate shop stop

Dutton shows sweeter side in chocolate shop stop

Dutton shows sweeter side in chocolate shop stop

The opposition leader has bared his sweet tooth, grinning from ear to ear as he made a campaign stop at a chocolate shop ahead of the Easter holidays.

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Puppies and petrol stations as Dutton keeps on trucking

Puppies and petrol stations as Dutton keeps on trucking

After cuddling a cavoodle and chatting to an apprentice, Peter Dutton made his 10th petrol station stop of the election campaign as he tries to win over voters.

Towns get 'down payment' to shoulder renewable change

Towns get 'down payment' to shoulder renewable change

More than 40 areas nationwide are being considered for clusters of renewable energy projects, with the first zone receiving $60 million for locals to benefit.

Brick by brick, parties build election housing pitches

Brick by brick, parties build election housing pitches

Tackling housing instability is key to securing an election win, with Labor vouching for build-to-rent while the coalition says Australians should own a home.

'Exit strategy' call amid doubt over rail loop benefits

'Exit strategy' call amid doubt over rail loop benefits

Infrastructure Australia has questioned the cost of the Suburban Rail Loop and urged an "exit strategy" be prepared in case the project can't be delivered.

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Doubling housing supply incentive could help renters

Doubling housing supply incentive could help renters

Doubling housing supply incentive could help renters

Doubling housing supply incentive could help renters

Australia is expected to fall hundreds of thousands of homes short of its housing target but reforms could bring it back up to speed and help renters.

Mafia-style laws mooted to stop construction 'rip-off'

Mafia-style laws mooted to stop construction 'rip-off'

Mafia-style laws mooted to stop construction 'rip-off'

Mafia-style laws mooted to stop construction 'rip-off'

The opposition wants US-style laws to jail organised crime bosses it says are pulling the strings of alleged construction sector corruption.

Post-pandemic property price roller-coaster to flatten

Post-pandemic property price roller-coaster to flatten

Post-pandemic property price roller-coaster to flatten

Post-pandemic property price roller-coaster to flatten

There are signs the housing market in normalising five years after the COVID-19 pandemic sent home values soaring across Australia.

Bellwether markets show house prices picking up steam

Bellwether markets show house prices picking up steam

Bellwether markets show house prices picking up steam

Bellwether markets show house prices picking up steam

Buoyed by the RBA rate cut, prestige housing markets are leading a recovery in property price growth following a short-lived slowdown, CoreLogic data shows.

Dodgy builder 'nightmares' spark protections shake-up

Dodgy builder 'nightmares' spark protections shake-up

Dodgy builder 'nightmares' spark protections shake-up

Dodgy builder 'nightmares' spark protections shake-up

Victims of dodgy builders have been promised easier access to a state-operated insurance scheme to fix shoddy work under a consumer law shake-up.

Date finally set for Brisbane Olympic stadium reveal

Date finally set for Brisbane Olympic stadium reveal

Date finally set for Brisbane Olympic stadium reveal

Date finally set for Brisbane Olympic stadium reveal

A 2032 Olympic stadium plan is set to finally be revealed, ending years of speculation over what will take centre stage as the Brisbane Games' marquee venue.

Australia must build out of crisis amid shocking data

Australia must build out of crisis amid shocking data

Australia must build out of crisis amid shocking data

Australia must build out of crisis amid shocking data

Red tape must be ripped down to boost productivity in a bid to fix the nation's housing crisis, with shocking new data showing the slowing rate of construction.

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Slimmed down Lendlease posts first profit in two years

Lendlease has made a statutory profit of $48 million in the first half, compared with a $136 million loss a year ago.

Retiring renters face homelessness as ownership falls

As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.

House prices expected to rise amid supply challenge

Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.

Fresh data to shed light on retail, housing strength

Australians are expected to have pulled back on retail spending after major sales, with the latest data unlikely to shift the dial for the Reserve Bank.

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Fruits of government's signature housing fund revealed

As more than 800 homes are announced in the first round of an affordable housing fund, the sector warns more investment is needed to save the Australian dream.

Apprentice incentive not enough to meet housing targets

Despite the Albanese government's well-meaning rhetoric, its policies and results reveal a failure to fix housing affordability, a housing expert says.

Home construction rises but target remains out of reach

High costs, labour shortages and low productivity are limiting the sector's ability to build new homes as construction activity remains below required levels.

Housing affordability blow as construction costs go up

The cost of building a home continues to rise, making it harder for builders to meet supply targets and alleviate housing affordability.

Buyer's market: 2025 to bring relief to home buyers

A major pullback in house price rises has not stopped the market from extending its growth streak to eight consecutive quarters.

Downturn in house values as 'something's got to give'

Australia's two most populous cities have signalled the beginning of a property downturn amid widening gaps between income, borrowing capacity and home values.

Home building to pick up in 2025, but only modestly

Housing construction is expected to ramp up this year but labour shortages, builder insolvencies and higher global inflation pose headwinds.

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