Australian Property

Last week, the Albanese Government introduced legislation to establish its $10 billion housing future fund (HFF).

Monday marked exactly one year since Sydney dwelling values peaked, according to CoreLogic’s daily dwelling values index.

Rising interest rates are likely to result in more investors using negative gearing and capital tax deductions, which are both “bad policies”, according to mortgage broker Mark Bouris.

I can’t resist. The once greatest Australian property bull is now its most vicious bear. Chris Joye: Remember the “new normal”? The “low rates for long” paradigm? It’s dead. Recall how we needed a “search for yield” because “there is no alternative” (TINA)?

The tightest rental market in Australia’s history has delivered more hand wringing across the mainstream media.

A Finder survey of 1114 respondents found that at least one in eight lied on their home loan application forms, with 310 of these respondents holding a mortgage.

Global Macro / Markets / Investing: Central Banks Increase Gold Holdings to Record Levels.

Tuesday’s 0.25% interest rate hike from the Reserve Bank of Australia (RBA) has reduced mortgage borrowing capacity by more than one-third.

Investment bank Jarden has forecast that Australian house prices will fall by 20-25% peak-to-trough in the wake of the Reserve Bank of Australia’s (RBA) latest interest rate increase and hawkish commentary.

The Albanese Government introduced legislation to establish its $10 billion housing future fund on Thursday.

CoreLogic’s latest rental snapshot shows that Australia’s rental market is the tightest on record, with the vacancy rate at a record low 1.2% across the combined capital cities.

In 2019, the Australian Prudential Regulatory Authority (APRA) loosened mortgage assessment rules, replacing the requirement for lenders to assess borrowers at a 7% mortgage rate with a 2.5% buffer above the loan’s interest rate.

With Australian home values falling at their fastest pace on record, alongside the sharpest lift in mortgage rates on record, vendors are pulling their homes from the market.

Master Builders Australia (MBA) CEO Denita Wawn says the nation’s construction industry is not building enough new homes to meet demand.

Honestly, this is not just hypocritical, it is gaslighting: Greens’ housing spokesperson and Newtown MP, Jenny Leong, said “ruthless landlords” needed to be pulled into line.

MB has argued repeatedly that the ‘build-to-rent’ (BTR) model is a fake rental affordability solution since it will add a cabal of profit-dependent corporations to the housing “market”, which will inevitably increase their already monstrous lobbying and pricing power.

January’s rental data has been a shocker for Australian tenants with soaring growth recorded across all private sector data providers.

The fallout from last week’s arrest by the Australian federal Police (AFP) of nine Chinese-Australians accused of laundering an estimated $10 billion through Australian property has drawn stern condemnation from Transparency International.

Domain has released its latest rental report, which shows that the nation’s rental vacancy has plunged to a fresh low of only 0.8%.

The Australian Bureau of Statistics (ABS) has released mortgage data for December with the value of mortgage originations (excluding refinancings) collapsing by 4.3% over the month and by 29.3% year-on-year.