The Latest Breaking News from Gerard Burg

Mortgage repayments are now cheaper than rent in some Australian suburbs. Is yours among them?

As house prices plateau, the gap between the cost of buying and renting is narrowing in dozens of suburbs

The Guardian - AU · Oct 16

'Doing what we want': Labor stands by housing tax moves

Tax changes will help boost housing supply in the long run, even though a downturn is impacting new home sales, the housing minister says.

AAP · Sep 15

Home buyers in 'driver's seat' but owners holding fire

Home owners are looking to wait out Australia's property market downturn as listing data points to a sluggish spring season.

AAP · Aug 26

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.

AAP · May 12

‘It’s quite distressing’: rate rise brings new pain for would-be homebuyers

Property prices are still rising at the entry level and as borrowing costs increase, the home ownership dream is even further out of reach

The Guardian - AU · May 5

PM rubbishes budget tax speculation as home prices slow

Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.

AAP · Apr 30

Chronic housing shortage heaps more pain onto renters

Australian renters are spending a record share of their income on housing costs as a chronic shortage of stock drives prices higher across the nation.

AAP · Apr 14

Data reveals key to fixing housing affordability crisis

Two major cities are becoming more unaffordable faster than other capitals, as they build fewer homes relative to population growth than Sydney and Melbourne.

AAP · Apr 9

Regional housing market booms, outpacing capital cities

Buyers are turning to regional Australia for housing affordability, but little relief can be found in some of the fastest-growing areas outside the cities.

AAP · Feb 17

Chinese investors fast abandoning Australia but still hold vast amounts of infrastructure, land and water

Australia is losing an important source of foreign funding, with Chinese investment in the country plummeting by 70 per cent last year — its lowest level since the global financial crisis.

ABC News · Jun 21, 2022