The Latest Breaking News from Tim Reardon

Family-friendly apartments are in fierce demand given skyrocketing house prices. Some councils think mandates might deliver larger units

Australia's central bank will seek signs of stability as it tries to chart a course to lower interest rates through the murky waters of global uncertainty.

Experts say the rate of construction companies going broke is set to continue across the country, as material costs and interest rates rise. Some builders say the situation is tougher than following the global financial crisis.

No sign of new home builds getting cheaper as prices for energy-intensive materials such as concrete and glass continue to rise, despite supply chain delays easing.

Just as increases to construction material prices are starting to slow down, builders are facing a new threat, with rising interest rates forcing clients to cancel their contracts.

As hundreds of property owners wait to see what will become of their unfinished houses following the collapse of Oracle Homes, we asked the experts what the future may hold.

Successive rate hikes are expected to slow new construction activity, although demand for new units is likely to remain strong.