Major bank boss reveals when Australia’s housing market will bottom out amid four cash rate rises, looming tax changes
The boss of Australia’s largest bank predicts the nation’s housing market will bottom out “well into 2027” as…
Australian house prices drop for sixth straight month with falls of up to 15 per cent expected
Australian house prices fell for a sixth straight month in September, and experts say the property market could…
Housing affordability hits lowest rate on record despite recent falls in property prices
Housing affordability has fallen to its lowest rate on record, with households earning a typical income only able…
Labor’s housing targets blowout revealed as new build approvals falter and mortgage stress soars
The analysis, provided to News24.com.au by finance and property research firm OurTop10, compares building approval data with mortgage-stress…
Australia’s housing problems will take a ‘generation’ to fix, NAB chief economist warns
Australia’s property price declines are forecast to be relatively large but they will not solve this country’s housing…
The Bathla Group plunges into administration owing $3.2bn
Workers at a major property developer have been stood down after the firm plunged into administration owing millions.…
Bensons loses Chevron One sunset clause battle
The sneaky developer trick of exploiting “sunset clauses” to terminate off-the-plan contracts has suffered a major loss after…
Why the Kiwi and Canadian property bubbles burst and what we can learn
If it’s a glimpse towards a possible future you’re after, it’s always worthwhile taking a peek across the…
Housing market downturn spreads across the country as property price slump deepens
Australia’s housing downturn is spreading across the country, with previously resilient property markets that had recently set record-high…
Golf course to graveyard: Lidcombe homes lose $600k in value
House prices in a quiet Western Sydney suburb have gone into free fall after plans were unveiled to…
Sydney house prices falling in ‘premium locations’, but rising in historically affordable outer suburbs
First home buyers are “less likely to be affected” by Sydney’s housing price and unit downturn as historically…
Australia’s property market enters downturn as prices fall for first time since 2022
Australia’s housing boom has officially entered a downturn for the first time in more than three years, with…