Footage from a record-breaking $8.6 million auction in Strathfield in Sydney’s inner-west has sparked heated reaction online, amid suggestions that Australia’s property market is being flooded with foreign cash. But the agent who sold the property has now revealed that the buyer was a “local”. The “uber-luxury” five-bedroom, six-bathroom homeContinue Reading

Four out of five new homes built in Sydney over the next half-decade will be needed to absorb an “unprecedented” international student wave, according to a new report blasting the federal government’s “unplanned” population explosion. The research, published by the Institute of Public Affairs (IPA) think tank on Monday, foundContinue Reading