An incredible timelapse shows the entire skeleton of a new seven-storey apartment block in Brisbane being erected in just 11 days. The superstructure, which is essentially the backbone of a building, of The Fells project in Spring Hill would’ve otherwise taken about four months. Experts say innovations like this areContinue Reading
Despite tens of billions of dollars being spent to address Australia’s crippling housing crisis, a top economist has delivered a stark assessment of how long it will take to turn the tide. And it’s not good news for those battling skyrocketing rents and runaway home prices. On top of that,Continue Reading
A jaw-dropping post in a private Facebook group for landlords has sparked fury from a prominent renter advocate, who says it exposes the true nature of Australian property investors. A member of the closed ‘Landlord’s (sic) Victoria’ group shared a post encouraging fellow investors to “be united” by colluding toContinue Reading
Anthony Albanese has defended his decision after the tenant living in the Prime Minister’s investment property went public with his rental plight. Mr Albanese is planning to sell his Dulwich Hill three-bedroom home due to “changes in personal circumstances” – namely his impending wedding with Jodie Haydon – which smallContinue Reading
The government has gone all-in on its strategy to solve the crippling housing crisis, upping its bet on a long-term fix over short-term relief. Tuesday’s budget includes $6.2 billion of additional spending for new measures to boost housing supply via social housing investment, infrastructure improvement, and student accommodation. It addsContinue Reading
A depressing map revealing the least affordable housing markets in the world includes three Australian entries, with one city ranked second-worst globally. The illustration uses the latest data from Demographia examining 94 major housing markets across eight countries to compare affordability in some of the world’s biggest economies. It dividesContinue Reading
Governments have manufactured a crippling crisis that’s led to unprecedented housing pressures, a rising risk of homelessness, and the rapid death of the Great Australian Dream. And while Anthony Albanese champions multibillion-dollar plans to build more homes and save families from financial disaster, the Prime Minister has avoided mentioning oneContinue Reading
A leading Sydney mayor has described Chris Minns as a “dictator” and “bully” for threatening to go “nuclear” on councils who oppose his major housing reforms. In an exclusive sit-down with news.com.au, New South Wales Premier Mr Minns warned the skyrocketing cost of rents and ever-rising home prices had forcedContinue Reading
The devastating reality of the country’s crippling housing crisis greeted a property manager this week when she had to personally remove an evicted tenant from a rental. Property manager Ashleigh Goodchild arrived at a house in Perth expecting the tenant, who had defaulted on her payments, to have vacated theContinue Reading
A failure to address a crippling housing crisis in regional Australia could have serious economic consequences, governments have been warned. Independent Indi MP Helen Haines, Real Estate Institute of Australia chief executive Anna Neelagama and Anglicare executive director Kasy Chambers made the warning at a National Rural Press Club addressContinue Reading