The Latest Breaking News on Real Estate

Fast rail axed in $2.5bn budget cuts – as it happened

Go-it-alone approach to building network between Sydney, Newcastle and Wollongong shelved entirely

The Guardian - AU · Sep 19, 2023

NSW budget: Labor points to ‘decade of neglect’ but lack of housing showstopper may leave voters underwhelmed

NSW treasurer Daniel Mookhey points to ‘largest debt any incoming state government has ever inherited’ as he hands down party’s first budget in more than a decade

The Guardian - AU · Sep 19, 2023

NSW Labor pledges $2.2bn for housing and infrastructure in first budget in a decade

Figures reveal NSW is expected to be back in the black next financial year and will focus on paying down debt

The Guardian - AU · Sep 19, 2023

Minister urged to un-freeze housing benefit amid rising homelessness

A City Hall politician has urged minister Mel Stride to increase local housing allowance

Evening Standard · Sep 18, 2023

Beware sharper economic slowdown and tougher inflation, warns adviser to central banks

Bank of International Settlements said markets risk ignoring aftershocks from inflation such as insolvencies and property price falls

The Guardian - UK · Sep 18, 2023

Raising real estate transfer tax would doom renters, businesses and many homeowners

Beneath the enticing surface of Bring Chicago Home, this proposal imposes hidden burdens, a coalition of business leaders writes.

Chicago Sun-Times · Sep 18, 2023

Pub closures rise sharply amid warning over planned business rate change

Nearly 400 pubs closed their doors for good in England and Wales in first half of 2023, almost as many as the whole of 2022

The Guardian - UK · Sep 18, 2023

We bought a house with my parents – can we get a mortgage to buy their share?

We’ve been told that no one would lend to us if they were still living in the property and fear we’re stuck

The Guardian - UK · Sep 18, 2023

Proportion of UK house sellers cutting asking price reaches ‘highest in over a decade’

More than 36% of properties have had asking price cut at least once — the highest figure since 2011

The Guardian - UK · Sep 18, 2023

Number of pubs shutting for good across England and Wales jumps 50%

More than two pubs a day have left local communities over the first half of the year.

The Independent UK · Sep 17, 2023