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The Latest Breaking News from Eliza Owen

Economy 'nowhere near recessionary' despite predictions

Australia's economic forecasts might not be as positive as hoped but there are still signs of strength in the economy, an expert says.

AAP · Sep 1, 2024

Housing approvals fall to lowest level in 12 years despite Labor’s pledge of 1.2m new homes

Approved dwellings drop 6.5% in June amid high interest rates and building costs as CoreLogic rues ‘dismal result’

The Guardian - AU · Jul 30, 2024

Coalition smacked over 'not-so-super' home-buyer plan

Letting people use their super funds to buy their first home under a coalition policy would force up rents and housing prices, according to industry members.

AAP · Jul 29, 2024

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Flipping good deal: property profits hit a 14-year high

More than 94 per cent of national home sales in the first three months of 2024 recorded a nominal gain, the highest profitability rate since 2010.

AAP · Jun 25, 2024

Home prices in three cities are outpacing their peers

Australia's housing market is made up of laggards and leaders in home price growth and the gap is expected to linger in the coming months.

AAP · Jun 13, 2024

Rents hit record high as housing shortfall bites hard

Landlords are charging more on the fringes of capital cities as migration meets a shortfall in new housing, driving rents up even further.

AAP · May 5, 2024

Property profits up as prices keep ticking higher

Australia's real estate resilience has kept on keeping on despite higher interest rates and gloomy consumer sentiment.

AAP · Mar 26, 2024

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Migrants scapegoated as cause of Australia’s housing crisis a ‘disturbing’ trend, advocates say

Housing and welfare groups call on Anthony Albanese and Peter Dutton to show leadership amid rise in ‘nonsense’ rhetoric

The Guardian - AU · Dec 18, 2023

Four in five Australian housing markets in growth mode

The rebound in home prices has reached most parts of the country although the pace of growth varies across cities and regions.

AAP · Nov 16, 2023

Australian property prices soar to record levels despite higher interest rates

New figures show significant growth in Brisbane, Adelaide and Perth with many suburbs seeing increases of more than 15% and Sydney up by 7.5%

The Guardian - AU · Oct 31, 2023

Rent Increases Are Forecast To Decrease Soon So Here’s Why And Everything We Know So Far

Finally some good news.

Pedestrian.tv · Jul 20, 2023

Rental rises tipped to slow as housing market cools off

Vacancy rates have already started to ease and price growth has begun to slow with analysts tipping further tempering in the market for rental homes.

AAP · Jul 19, 2023

More Australian homeowners offloading properties at loss as interest rate rises take toll, new data shows

Unit owners particularly vulnerable as profitable national housing sales sank to 92.3% in the three months to March 2023, according to CoreLogic data

The Guardian - AU · Jun 27, 2023

Renters asked to ‘pre-apply’ before inspecting properties in Australian cities

Applicants asked for proof of identity, rental and financial history, and references, as listings are snapped up before first showing

The Guardian - AU · Jun 8, 2023

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The Guardian - AU · May 31, 2023

‘I’m obviously not first choice’: rental crisis forcing older Australians back into share houses

As the vacancy rate drops to 1.2%, the Reserve Bank chief advises renters to consider sharing – but that is a very difficult option for many people

ABC News · May 29, 2023

Family living in one room as new report shows 'extreme' rental stress gripping New South Wales

A new report from ANZ and CoreLogic shows since the pandemic rental prices have increased dramatically, and low-income earners would need to spend more than half their pay to secure a rental property.

The New Daily · May 28, 2023

Rents to income levels reach near decade highs

Rental demand is fast outrunning supply and low-income households are bearing the brunt of the rental affordability crisis, analysis shows.

ABC News · May 11, 2023

Economists say rental price caps are a 'viable' short-term solution to the housing crisis, but some fear it could backfire

Despite increased rental assistance measures in Tuesday's budget, calls to cap rents are growing louder, with economists saying that step has been successful overseas, however, analysts warn it may make the housing crisis worse.

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ABC News · May 11, 2023

Sydney oceanfront property sells for close to $45 million amid cost-of-living crunch

The bungalow was owned by late radio star Harry Griffiths and has been held by the family for more than six decades.

ABC News · Apr 6, 2023

It's touted as one solution to Australia's housing crisis, but what is build-to-rent? And can it live up to the hype?

Is it possible to have affordable housing and good rental conditions in Australia? It has to be something embedded by design, housing researchers say.

The Guardian - AU · Mar 24, 2023

Australian banks predict another interest rate rise despite hopeful investor outlook

Big four banks believe RBA will lift cash rate by at least another 25 basis points though many predict rises are close to a peak

AAP · Mar 6, 2023

Rentals under $400 disappearing as prices surge

Affordable rentals are becoming increasingly hard to find as strong demand for rental accommodation continues to outstrip supply.

The New Daily · Feb 28, 2023

Falls in home prices are slowing, but have not hit rock bottom

Tight housing stock has muted home value falls, but experts warn this isn't the end of the road for declines this year.

ABC News · Feb 15, 2023

Byron Bay property prices plunge as some regions buck trend, according to CoreLogic data

In a case of what goes up must come down, property prices in Byron Bay have plunged 25 per cent in the past 12 months. But not all regions have fallen. Here's how they performed.

AAP · Feb 14, 2023

Albanese calls out Greens 'fantasy' housing idea

A multi-billion dollar plan for social and affordable housing could be derailed if the federal government is unwilling to work with the Greens on changes.

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