A leading economist has weighed into the increasingly heated debate over Australia’s housing crisis, calling for a slowdown in immigration to allow time for supply to catch up with demand. Chris Richardson, independent economist and former Deloitte Access Economics partner, wrote in an op-ed for The Australian Financial Review onContinue Reading
A Queensland real estate agent has horrified locals after going on a Facebook rant, which ended with him using a homophobic slur, all because a tenant reached out asking for experiences from other renters. Mitchell Betheras from PRD Real Estate Toowoomba has copped intense backlash and has been forced toContinue Reading
A group of landlords have aired their complaints about the difficulties of owning and renting out multiple properties in Australia, but their stories have been met with little sympathy from struggling tenants. The ABC published a story over the weekend looking at why landlords are selling their properties after aContinue Reading
Since the rental crisis began in the nation’s capital cities back in 2021, it has been the thorn in the side of millions of Australians. Vacancy rates have dropped to historic lows and rents have set off for the moon. Earlier in the year there was some potential signs thatContinue Reading
Strain on the rental market is set to be further heightened as fed up landlords offload their investment properties amid ongoing rising mortgage repayments. The trend was highlighted in Queensland in new PropTrack research that revealed investor-owned sales across the state increased to 8 per cent in one month toContinue Reading
An offer to rent out a tent in a “private secret garden” in Queensland has left Aussies gobsmacked, sparking a wild online debate. For $80 a night – or a reduced price of $380 a week for those who want to stay longer – renters can camp out in someone’sContinue Reading
Victorians have compared the photos of a Melbourne real-estate listing to the pictures of a renowned children’s book, after noticing some airbrush flaws which makes the ad appear cartoonish. The two-bedroom, one-bathroom unit situated in the western suburb of Melton, is currently listed for sale on both realestate.com.au and DomainContinue Reading
An Aussie renter has shared the “scoring system” their real estate agency has introduced for routine inspections, sparking outrage at one very “petty” detail. The long-time tenant explained they have developed a deep cleaning routine based around inspections, meaning their house is always “showroom quality” when the real estate agentContinue Reading
A small Aussie bank with no physical branches has been named the country’s best workplace for 2023. Judo Bank, a small and medium-enterprise lending focused bank that also offers some of the best retail term deposit rates on the market, has come out number one in LinkedIn’s latest Top CompaniesContinue Reading
Amid rising levels of global uncertainty and the largest relative rise in mortgage rates in Australian history, there is one question households across the nation are asking. Will house prices crash? In the last release of the national accounts that covered the fourth quarter of 2022, growth in per capitaContinue Reading