GENERAL NEWS
THE severe stock shortage fuelling the national housing crisis is poised to grow in 2024 and push prices higher, with Australians taking out fewer home loans as...
The latest data from the Australian Bureau of Statistics showed home lending fell 3.9% month-on-month to $25.12 billion in January. Owner occupier lending was...
First home buyer lending fell 6.9% in January. The largest fall was in NSW (by 8%) with Sydney’s housing affordability constraints a significant drag on demand...
Canstar’s Steve Mickenbecker said the jostling in activity in recent months points to upgraders and downsizers holding out for rate cuts to maximise their borrowing power...
ANZ senior economist Adelaide Timbrell said, “The drop in sales volumes in December and January may signal further weakness in lending in the coming months...
The current outperformance of the Western Australia and South Australia property markets showed through in continued growth in average loan size, which is now on...
Ongoing house value growth continues to stretch affordability and put the dream of home ownership out of reach for a fast-growing cohort of Australians, while...
Supply shortage to worsen
The gap between incremental demand and supply is wide. We estimate a national dwelling stock shortage of 110,000 which is positioned to expand further...
Official figures this week showed home approvals fell in January to a 12-year low. Oxford Economics Australia believes residential commencements are near...
The Albanese government has set in train billions’ of dollars’ worth of new housing builds. The National Housing Accord, struck with the states and territories...
While critics of the HAFF say it doesn’t go far enough, some analysts, including Kilroy, say the targets are unrealistic in the first place, with contributing factors...
Speaking at the National Property Club this week, Property Council of Australia CEO Mike Zorbas who used his address to slam “broken state planning systems”...
I can tell you that there are housing ministers, planning ministers around this country who are sitting on development approvals right now that they could release...
Zorbas was debating Greens Spokesperson for Housing and Homelessness, Max Chandler-Mather who unveiled the party’s first policy for the next federal election in...