The ACT government will increase the stamp duty concession threshold, invest in new affordable homes, and change planning laws to support supply. The ACT government has unveiled a range of measures aimed at boosting housing supply and accessibility,...
The HIA has called for housing policy reforms, including changes to stamp duty, after claiming that taxes on foreign capital were deepening the housing deficit. The Housing Industry Association (HIA) has said that taxing foreign institutional capital...
Sluggish new house supply has exacerbated affordability problems for prospective home buyers. Housing affordability has deteriorated further with the average number of years required to save for a deposit rising to a near-record high of 10.6 years,...
Craig Green, managing partner of Green Mortgage Lawyers, unpacks the post-election lending landscape and what lenders and brokers need to know about new lending rules. The re-elected government has announced a sweeping housing reform agenda – including...
Angus Taylor MP, the former shadow treasurer, is in the running to lead the Liberal Party, citing a wish to find “real ideas” to fix housing, among other issues. The recently re-elected member for Hume, Angus Taylor MP, and member for Farrer, Sussan...
After Labor secured a landslide election win, the broking industry has outlined what they want to see from the new government. The Australian Labor Party has won the 2025 federal election and looks set to launch a range of policies and initiatives...
A program to fast-track qualifications for 6,000 tradies has been unveiled by the Labor Party in its latest pledge to boost housing supply. After both major parties faced criticism that their election pledges relied too heavily on demand-side...
The Coalition has pledged to clear residential development backlogs within 12 months and finalise existing residential development environmental approval applications. The Liberal Party of Australia has said it will unblock the pipeline of residential...
While welcoming the new election promises for first home buyers, the FBAA and MFAA have both called for more to be done. After the Labor Party and Coalition both unveiled new housing measures to increase first home buyer ownership over the weekend, the...
Concerns have been raised that new demand-side housing initiatives for first home buyers may only increase house prices further. On Sunday (13 April), the two main political parties unveiled new housing policies to help more first home buyers enter the...
The Australian Greens have again pledged to scrap ‘unfair tax breaks’ such as negative gearing and CGT discounts if they gain power following the election. The Greens have pledged to end what they call “unfair tax breaks”, such as negative gearing and...
Annual building approvals are up by almost three-quarters, but some industry bodies are urging politicians more reform is needed to fix the housing crisis. Total dwellings approved inched 0.3 per cent lower in February, following a 6.9 per cent rise in...
House prices are slowing across Australia, the major bank has warned during an economics webinar. NAB’s outgoing chief economist Alan Oster has said that annualised house prices across Australia in the last six months have slowed and a significant...
The Coalition would reform prudential settings, including by adjusting serviceability requirements and expanding business lending, if it were to gain power this year. Shadow treasurer Angus Taylor MP and shadow assistant treasurer and shadow minister...
Broker associations and aggregators have responded to the NSW Parliament’s review of payroll tax, urging the government to remove ambiguity and exclude brokers from the tax application. Members of the broking industry have told the NSW Parliament that...
The Financial Services Minister and Assistant Treasurer has announced that he will step down from his role at the next election. Stephen Jones MP, Assistant Treasurer, Minister for Financial Services, and member for Whitlam, has revealed that he won’t...
Housing will be one of the big issues on voters’ minds in the run-up to the next federal election, according to new Mortgage Choice research. The latest Mortgage Choice Home Loan Report has revealed that housing will be a key election issue for voters...
The latest building approvals data has shown a stark annual drop, falling to almost 12-year lows. Figures released by the Australian Bureau of Statistics (ABS) for June have revealed a drop of 6.5 per cent in the total number of dwellings approved,...
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 5 July. To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also...
Queensland’s Miles government will review property taxes and charges if it wins the state election, according to the Deputy Premier. Cameron Dick, the Deputy Premier, Treasurer, and Minister for Trade and Investment of the Queensland state government,...
Type:
Article
Author:
Annie Kane
Category:
Borrower
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