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The Latest Breaking News on Real Estate

Coalition's bracket creep plan to cost tens of billions

The coalition's economic plan for Australia would hand back more money to workers by indexing tax rates to inflation at a cost of tens of billions of dollars.

AAP

Canadian officer accused of spying for China acquitted of charges

William Majcher was accused of helping Chinese police coerce a Vancouver-area real estate investor, accused of fraud, to return to China

The Guardian - US

What do the federal budget’s housing measures do for Australia’s ‘forever renters’?

The reforms are ‘bold first steps’ towards structural change, but won’t really affect the outlook for long-term renters, academic says

The Guardian - AU

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Plans for huge new 882-home west London neighbourhood put forward

The plans also include shops, offices, a café and a new community centre

Evening Standard

Middle ring could be 'hollowed out' by tax overhaul

Tax changes in the federal budget will likely shift property investors to new houses in the outer suburbs and inner-city apartments, economists say.

AAP

Reeves warns against risking economic stability with leadership battle, after UK growth beats forecasts in March – as it happened

Chancellor warns against plunging the country ‘into chaos’ with leadership battle, after economy grows at fastest pace in a year in Q1 2026

The Guardian - UK

Housing market in England and Wales weakening due to Iran war, say estate agents

Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on properties

The Guardian - UK

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Regional divide as house prices came under increased pressure in April – report

Until there is a clearer path for inflation and borrowing costs, activity and sentiment look set to remain subdued, RICS said.

Evening Standard

Ex-Brooklyn judge accused of swindling real estate investors out of millions of dollars

A former New York City judge who resigned last year while under investigation for professional misconduct has been charged with abusing his position to swindle real estate investors out of at least $5 million and then using some of the loot to pay his own bills

The Independent UK

Former California Gov. Candidate Stephen Cloobeck Arrested in Witness Tampering Case

Cloobeck surrendered May 12 at the Los Angeles County Sheriff's Department West Hollywood station and was later released after posting $300,000 bail.

Latin Times

Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts say

The Guardian - AU

Tourist tax and leasehold reform: What the King's Speech means for London

Sir Keir Starmer unveiled his legislative programme for the next parliamentary session on Wednesday, which he hopes will win over Labour MPs calling for his resignation after a disastrous set of local election results

Evening Standard

Coalition to link immigration limits to new builds as Taylor says ‘migration has run miles ahead of housing’

Opposition leader to unveil plan to dramatically cut number of migrants in budget reply speech on Thursday

The Guardian - AU

UK housebuilder Vistry warns of ‘significantly’ lower profits amid Iran war uncertainty

Bovis Homes owner’s shares plunge 10.5% after being forced to cut prices as buyers become cautious

The Guardian - UK

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The Independent UK

Australia’s Gold Coast abandons plans to build ‘toxic’ new Trump tower

Developer blamed ‘toxic’ Trump brand and Iran war for the project’s collapse

AAP

'These geniuses': PM's generational housing gamble

A fight is brewing over housing policy and tax after the federal government handed down a controversial budget, paring back concessions for landlords.

The Independent UK

Expert explains why nearly half of homes in the UK are failing to sell – with many sellers making the same mistake

Zoopla said that, according to its own data, the average home sold for 3.5 per cent below the asking price in the first quarter of 2026

The Guardian - AU

Labor’s budget resembled a seven-course degustation. It was welcome, but why don’t voters feel sated?

None of the budget measures will change the outcome for most would-be home buyers in the short term, but Jim Chalmers’ reforms go well beyond one electoral cycle

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The Guardian - AU

Morning Mail: Chalmers sells budget as ‘road to reform’, Starmer fights on in UK, why the gothic look is back

Jim Chalmers delivers ambitious program for tax change and intergenerational fairness

AAP

Australians move to regions seeking affordable housing

Australians are leaving the cities for inland areas as growing house prices shift migration patterns, bringing positive and negative flow-on effects.

International Business Times UK

Dave Ramsey Once Went Broke — Reveals The Real Estate Mistake That Taught Him His Biggest Money Lesson

At 26, Dave Ramsey built a $4 million real estate portfolio, but risky loans led to bankruptcy at 28. That failure became his key money lesson, fueling his journey to an $850 million, debt-free empire.

The Guardian - AU

What the budget means for your generation – gen Z, millennial, gen X or boomer

Jim Chalmers has sold the budget as a historic shift in favour of intergenerational fairness. Four Guardian Australia staff members assess what it means for their age group

The Guardian - AU

Budget capital gains tax changes and negative gearing reform explained

Negative gearing, capital gains tax and family trusts are all facing a big shake-up in the name of intergenerational fairness. How will it all work?

The Guardian - AU

Budget 2026 Australia: Jim Chalmers goes for broke in federal budget facing twin threats of housing pain and Iran war disaster

Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairness

The Guardian - AU

This bold budget has grasped the nettle of tax and housing – but it may not be enough to move the needle for younger Australians

Jim Chalmers, determined not to miss his reform moment more than four years into government, has backed the largest change to Australia’s sclerotic tax system since the Howard era

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