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Latest news: Housing and Urban Planning

Australia falling well behind national housing target

Australia falling well behind national housing target

Australia is predicted to meet the national housing accord target of 1.2 million new homes by June 2030, one year later than scheduled.

Safe as houses: home resale profits go through the roof

Safe as houses: home resale profits go through the roof

Safe as houses: home resale profits go through the roof

Safe as houses: home resale profits go through the roof

Record home sales profits are lining the pockets of people in the housing market, while pushing the price of admission beyond the means of ordinary Australians.

Investor tax-break cuts no 'silver bullet' for housing

Investor tax-break cuts no 'silver bullet' for housing

Investor tax-break cuts no 'silver bullet' for housing

Investor tax-break cuts no 'silver bullet' for housing

Winding back the capital gains tax discount could reduce property prices by about four per cent, compared to what they would be under a no-change scenario.

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Tax discount 'skewing' property market to investors

Tax discount 'skewing' property market to investors

A parliamentary report has found significant tax discounts on capital gains have tipped the scales in favour of investors compared to owner-occupiers

Housing sweeteners spruiked ahead of state election

Housing sweeteners spruiked ahead of state election

Housing is shaping up as a key election issue for younger voters struggling to break into the property market, as a state government announces two new policies.

Supercharged inequality: rich investors stifle budget

Supercharged inequality: rich investors stifle budget

Almost a quarter of the benefit of the capital gains tax discount goes to just five of Australia's wealthiest electorates, entrenching inequality, critics say.

'Made me feel ill': relief for househunting headache

'Made me feel ill': relief for househunting headache

Vendors are set to be saddled with organising and paying for building and pest inspection reports under an Australian state-first scheme.

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New homebuyers using smaller deposits, borrowing more

New homebuyers using smaller deposits, borrowing more

New homebuyers using smaller deposits, borrowing more

New homebuyers using smaller deposits, borrowing more

Borrowing patterns of first homebuyers are changing as they take advantage of government subsidies, Australia's biggest lender says.

Not migrants: research pinpoints housing crisis culprit

Not migrants: research pinpoints housing crisis culprit

Not migrants: research pinpoints housing crisis culprit

Not migrants: research pinpoints housing crisis culprit

Cutting migration is often touted as the solution to improving Australia's housing crisis but researchers say there are more effective ways to fix the problem.

Port closes for new homes but majority unaffordable

Port closes for new homes but majority unaffordable

Port closes for new homes but majority unaffordable

Port closes for new homes but majority unaffordable

Most of the 8500 new homes being built at a Sydney Harbour port the government says is underused will not be affordable or designed for essential workers.

Major cities flounder in ‘two-speed’ housing market

Major cities flounder in ‘two-speed’ housing market

Major cities flounder in ‘two-speed’ housing market

Major cities flounder in ‘two-speed’ housing market

Home prices are flat-lining in Australia's biggest cities and surging elsewhere as new national data tells a tale of two housing markets.

Young women giving up on home ownership as costs rise

Young women giving up on home ownership as costs rise

Young women giving up on home ownership as costs rise

Young women giving up on home ownership as costs rise

Young people, particularly women, are turning their backs on home ownership as up-front and ongoing costs combined with other pressures put it out of reach.

Libs' housing plan to supersize CBD, fast-track fringe

Libs' housing plan to supersize CBD, fast-track fringe

Libs' housing plan to supersize CBD, fast-track fringe

Libs' housing plan to supersize CBD, fast-track fringe

A state opposition leader has revealed her alternative policy to the government's housing plan, but both have been criticised for lacking innovation.

Rent-to-own: housing plan aims to boost home ownership

Rent-to-own: housing plan aims to boost home ownership

Rent-to-own: housing plan aims to boost home ownership

Rent-to-own: housing plan aims to boost home ownership

Two thousand renters would become homeowners under a state government election policy, in a wider bid to increase supply to combat the housing crisis.

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'Dumbest option': top economist slams housing tax break

The government has been urged to draw a clean break on any changes to taxes on investment properties as it considers major reforms in the federal budget.

Vested interest 'cartel' killing Aussie housing dream

Treasury officials appear to be at odds with a former head of their department over contentious tax breaks for property investors.

Labor luminary takes aim at housing tax breaks

Tax concessions for property investors are driving inequality and should be wound back, one of the key architects of the Hawke-Keating reforms says.

Premier sells optimism over discord as One Nation rises

As polls point to a crushing victory in one state election, the Labor government has called on voters to seize opportunity and reject division.

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Major builder expects 'chronic undersupply' to continue

Pent-up demand has property group Mirvac optimistic about the outlook for residential housing despite the prospect of higher interest rates.

Regional housing market booms, outpacing capital cities

Buyers are turning to regional Australia for housing affordability, but little relief can be found in some of the fastest-growing areas outside the cities.

How an empty nursing home became a housing solution

The hundreds of thousands of disused buildings across rural Australia could be transformed into worker accommodation as renewable energy projects roll out.

Regions beckon as young Aussies rethink city life

Almost half of Australians aged 18 to 29 are considering leaving cities for the regions, driven by the cost of living, work opportunities and lifestyle factors.

RBA urges more high-rise amid home-building constraints

Builders are telling the Reserve Bank that it is 'very challenging' to get high-rise projects approved in NSW, but houses are at least becoming faster to build.

'Game of Monopoly': wiggle room on high-rise maps

Plans to build apartment complexes with up to 20 floors have been compared to a simplistic board game as housing advocates hail the "promising vision".

Tower residents' eviction win ahead of High Court fight

The Court of Appeal has ordered a state government body to halt its plan to evict residents at three public housing towers earmarked for demolition.

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