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Latest news: Housing and Urban Planning

'Vested interests' protest against housing tax changes

'Vested interests' protest against housing tax changes

The property industry is challenging the government's modelling on the impact the federal budget will have on renters and housing supply.

'Huge mistake': how Howard spurred Boomer investors

'Huge mistake': how Howard spurred Boomer investors

'Huge mistake': how Howard spurred Boomer investors

'Huge mistake': how Howard spurred Boomer investors

The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.

Treasurer hoses down calls to carve up his tax revamp

Treasurer hoses down calls to carve up his tax revamp

Treasurer hoses down calls to carve up his tax revamp

Treasurer hoses down calls to carve up his tax revamp

Business groups are urging the federal government to have a major rethink over its capital gains tax measures but Jim Chalmers is remaining steadfast.

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Budget measures could cut house prices by 10 per cent

Budget measures could cut house prices by 10 per cent

Changes to negative gearing and capital gains tax concessions could cause the biggest housing downturn in 40 years, in a boost for first home buyers.

Why ditching car park rules could make homes cheaper

Why ditching car park rules could make homes cheaper

More than $1 billion is being wasted on building parking spaces that aren't used as part of new housing, a study has found.

Mixed results from first post-budget auction weekend

Mixed results from first post-budget auction weekend

The treasurer and prime minister are doing a sales job on government attempts to boost housing supply as property investors chew budget changes to tax breaks.

Labor defends budget tax changes despite critical polls

Labor defends budget tax changes despite critical polls

Labor insists it's taking the right approach to tax reform despite a majority of Australians saying the latest budget will leave them worse off.

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Bloomshed makes it to centre stage with comedy classic

Bloomshed makes it to centre stage with comedy classic

Bloomshed makes it to centre stage with comedy classic

Bloomshed makes it to centre stage with comedy classic

With Mr Bennet played by a pot plant, Bloomshed theatre's first main-stage show is an adaptation of Pride and Prejudice like no other.

Budget brawl escalates over rival tax cut proposals

Budget brawl escalates over rival tax cut proposals

Budget brawl escalates over rival tax cut proposals

Budget brawl escalates over rival tax cut proposals

The government has conceded its budget is unlikely to win immediate support from voters as Labor and Liberals taking aim at each others' policies.

Land levy planned despite anti-'forever tax' pledge

Land levy planned despite anti-'forever tax' pledge

Land levy planned despite anti-'forever tax' pledge

Land levy planned despite anti-'forever tax' pledge

A bid to overhaul emergency services funding could result in property owners paying hundreds of dollars for a land tax in one state.

How housing became a generational budget battleground

How housing became a generational budget battleground

How housing became a generational budget battleground

How housing became a generational budget battleground

Pitting investors against first home buyers in the name of intergenerational equity, Labor's fifth budget aims to address young people's housing struggles.

Rent hikes, more homelessness as climate change bites

Rent hikes, more homelessness as climate change bites

Rent hikes, more homelessness as climate change bites

Rent hikes, more homelessness as climate change bites

Climate change has the potential to widen the gap between renters and homeowners without fairer policy support directed at the worst off.

Middle ring could be 'hollowed out' by tax overhaul

Middle ring could be 'hollowed out' by tax overhaul

Middle ring could be 'hollowed out' by tax overhaul

Middle ring could be 'hollowed out' by tax overhaul

Tax changes in the federal budget will likely shift property investors to new houses in the outer suburbs and inner-city apartments, economists say.

Labor tucks away $77b war chest for further tax cuts

Labor tucks away $77b war chest for further tax cuts

Labor tucks away $77b war chest for further tax cuts

Labor tucks away $77b war chest for further tax cuts

A new $250 a year tax offset gives the government an option to return bracket creep directly to working Australians, Treasurer Jim Chalmers says.

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Australians move to regions seeking affordable housing

Australians are leaving the cities for inland areas as growing house prices shift migration patterns, bringing positive and negative flow-on effects.

Tax relief for workers and pain for investors in budget

Australians who earn a wage will get $250 in tax relief as part of Labor's budget, but investors and wealthy families could be left worse off.

'Need to do more': Labor to lift lid on housing reform

Australians are under financial pressure and the government cannot "just sit back", the prime minister says, as his treasurer prepares to hand down the budget.

'Troubling' crackdowns no fix to homelessness crisis

Strained by chronic housing supply challenges, a leading researcher has warned councils against forcibly removing their homeless populations.

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Budget builds up to shift for 'broken' housing market

An extra $2 billion will be pledged in the budget to build sewerage and roads for new homes as the treasurer frames housing policy as a remedy to populism.

Consumers hang tough despite echoes of COVID headwinds

Economic echoes of the post-COVID-19 period indicate global volatility will not break Australia's hunger for credit, lowering the odds of recession.

Right tax moves matter more than mandates: treasurer

Expected changes to negative gearing or capital gains tax would not break an election promise because they would be for the right reasons, Jim Chalmers says.

Thousands of homes promised in multibillion-dollar plan

Tens of thousands of new homes are expected to be built in one state under a $2 billion government investment that promises to give young buyers a leg up.

Budget to address 'immediate needs' of households: PM

The upcoming federal budget is widely tipped to pare back incentives for property investors as the prime minister promises to tackle intergenerational inequity.

Stratospheric dreams of a new city coming back to earth

A premier has warned breathless developers to keep their heads out of the clouds as one of Australia's biggest cities marches relentlessly into the bush.

PM rubbishes budget tax speculation as home prices slow

Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.

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