The Latest Breaking News from Tim Lawless

Congratulations, guys! Property analysts reckon house prices across Australia are falling at their fastest rate since the global financial crisis hit in 2008.But there’s a catch.Prices have really only dropped from “exorbitantly expensive” to “slightly less exorbitantly expensive”, according to new data from CoreLogic.The data showed that as at 31…

The rate of housing decline is comparable with the onset of the GFC in 2008, according to one expert.

Some of the world's most expensive medical research was carried out within the walls of this heritage-listed property in Townsville.

Melbourne replaces Adelaide as Australia's most affordable city for renting a typical home, but rates are rising everywhere and vacancies are tightening, latest figures show.

Shrinking households and a limited supply of rental properties have combined to push up rents at the fastest annual pace since 2008.

Auction clearance rates in Canberra drop to the lowest levels since 2020, amid predictions the ACT is reverting to a buyers' market.

Aggressive interest rate increases have caused the second monthly fall in home prices across Australia's capital cities. It is the sharpest slowdown in the property market in 30 years.

Sydney and Melbourne are leading Australia's falling house prices, which are gathering momentum as interest rates rise and consumer confidence takes a hit.

Inner city rental listing advertises six capsules stacked in a room as Australian rental crisis worsens