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The Latest News from housing and urban planning

House prices to fall by 3-5pct after flat end to 2023

House prices to fall by 3-5pct after flat end to 2023

The Australian housing market ended 2023 on a flat note, despite respectable gains across the year, and are likely to fall going into 2024, experts say.

Digital hand for responders after devastating floods

Digital hand for responders after devastating floods

Digital hand for responders after devastating floods

Digital hand for responders after devastating floods

As storms, floods and bushfires wreak havoc on Australia, a little-known company owned by the nation's governments is in demand for its digital intelligence.

Housing crisis: don't blame migrants for the mess

Housing crisis: don't blame migrants for the mess

Housing crisis: don't blame migrants for the mess

Housing crisis: don't blame migrants for the mess

Housing groups and social service organisations say decades of poor policy choices are chiefly to blame for surging rents, not migration levels.

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Tax hikes for foreigners investing in Australian homes

Tax hikes for foreigners investing in Australian homes

Australia will hike taxes and fees for foreign investors who buy existing houses and leave them empty in a bid to address housing stocks.

Renewed call for stadium's GST exemption

Renewed call for stadium's GST exemption

Tasmania's treasurer has doubled down on his calls for the federal government to provide a GST exemption for Hobart stadium funding.

Rosehill owner bets big on $5b housing, metro plan

Rosehill owner bets big on $5b housing, metro plan

Turning a historic Sydney racetrack into homes for 55,000 people became a compelling opportunity once a $500 million metro station was put on the table.

Station-centric housing plans 'appear half-cooked'

Station-centric housing plans 'appear half-cooked'

Communities are still waiting for details on a leaked housing plan across metro NSW that's been criticised as half-cooked and politics-led.

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Hints of cooling inflation as next rates call looms

Hints of cooling inflation as next rates call looms

Hints of cooling inflation as next rates call looms

Hints of cooling inflation as next rates call looms

Aggressive interest rate hikes are working to slow the economy, timely measures of price movements and the jobs market suggest.

Better month for home approvals but new building soft

Better month for home approvals but new building soft

Better month for home approvals but new building soft

Better month for home approvals but new building soft

The outlook for new home building is looking lacklustre as delays, high costs and interest rate hikes make it difficult to get new projects off the ground.

More rent protections likely for NT, SA and WA tenants

More rent protections likely for NT, SA and WA tenants

More rent protections likely for NT, SA and WA tenants

More rent protections likely for NT, SA and WA tenants

A suite of renting reforms are set to be passed in South Australian and Northern Territory, and Western Australia is also looking to modernise its tenancy laws.

Labor deal with Greens to pass vacant homes tax reforms

Labor deal with Greens to pass vacant homes tax reforms

Labor deal with Greens to pass vacant homes tax reforms

Labor deal with Greens to pass vacant homes tax reforms

Legislation to expand taxes on vacant Victorian homes and undeveloped land is set to pass parliament after the Greens secured concessions from the government.

Rent freezes only for 'extreme times', inquiry finds

Rent freezes only for 'extreme times', inquiry finds

Rent freezes only for 'extreme times', inquiry finds

Rent freezes only for 'extreme times', inquiry finds

An inquiry into Victoria's rental and housing affordability crisis has called for a re-examination of negative gearing instead of a rent freeze or cap.

Changing Sydney housing reform to add 112,000 new homes

Changing Sydney housing reform to add 112,000 new homes

Changing Sydney housing reform to add 112,000 new homes

Changing Sydney housing reform to add 112,000 new homes

Six-storey apartment blocks would be permitted by default within 800 metres of transit hubs and town centres in metro NSW under a new policy.

Government takes action on 'Help to Buy' housing laws

Government takes action on 'Help to Buy' housing laws

Government takes action on 'Help to Buy' housing laws

Government takes action on 'Help to Buy' housing laws

The federal government is set to introduce laws to drive its "Help to Buy" housing program, which the industry says will be effective.

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Subdued 2024 for property as rate pain hits home

A mixed year is expected for Australian property markets, with SQM Research expecting strong growth in Brisbane and Perth but weaker performance elsewhere.

Lack of homes near jobs, schools driving inequality

A failure to increase density in NSW has left the state worse off when it comes to housing stock and affordability, the treasurer says.

Four in five Australian housing markets in growth mode

The rebound in home prices has reached most parts of the country although the pace of growth varies across cities and regions.

Cookie-cutter designs to underpin NSW housing boom

NSW will turn back the clock and develop a cookie-cutter design book like those used in many beloved suburbs in the latest effort to make housing affordable.

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Mirvac pivoting from office towers to living units

Mirvac is reducing its exposure to office towers while adding projects in the build-to-rent and land-lease community space.

Living rough: 40,000 young people locked out of housing

As the housing crisis continues and rents rise, a coalition of housing and homelessness organisations is calling for specific measures to help young people.

'Not happy': states to pay more for infrastructure

States will be required to go 50-50 with the federal government on infrastructure projects, angering premiers who believe the changes are unfair.

Australia's rental market woes go from bad to worse

Regional areas in the Sunshine State are now the most unaffordable places for renters to live, as affordable housing concerns spread beyond capital cities.

'Worst landlord' NSW to overhaul social housing fixes

The NSW government is changing how social housing maintenance is handled for its 95,000 properties, bringing a privately run system back under state control.

House sales fall cancels out Victoria's COVID tax take

Stamp duty revenue has taken a $506 million nosedive in Victoria as house sales and prices cooled amid rising interest rates, a state budget update says.

Record low vacancy rates hit would-be renters hard

It's never been more difficult to find a rental in Australia as a report confirms rental vacancy rates have hit record lows in some capital cities.

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