Falling House Prices: Labor's Political Dilemma
Labor faces a political conundrum as falling house prices create a trap. Experts discuss the decades of unchecked property growth and the challenge of solving affordability without crashing values.
Category : Housing
51,000 Non-Citizens Use 5% Deposit Scheme; Coalition Vows Ban
New figures reveal 51,000 non-citizens have used Australia's 5% deposit scheme. Liberal leader Angus Taylor vows to ban it, while Labor defends the policy.
One Nation Housing Policies Lure Younger Voters
Amid Australia's housing crisis, One Nation's policies are drawing younger voters. The party's proposals include curbing foreign investment and reducing immigration, appealing to those struggling with affordability.
Housing Minister Clare O’Neil stumped over house prices
Housing Minister Clare O’Neil struggled to answer whether she wants house prices to go up or down during a heated interview on Sunrise, repeatedly citing 'sustainable growth'.
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Shadow minister attacks Housing Minister's knowledge
Shadow minister Andrew Bragg accuses Housing Minister Clare O'Neil of lacking knowledge about housing after she struggled to define a granny flat as a 'new dwelling' under Labor's negative gearing reforms.
Renters face squeeze: expert warns hikes may force share homes
Renters could be pushed into share houses or back with parents as rental hikes hit a ceiling, with one expert warning tenants lack capacity for further increases amid tax change debates.
Minister refuses to back falling house prices, calls for sustainable growth
Housing Minister Clare O'Neil refuses to say if she wants house prices to fall, instead advocating for sustainable growth amid controversy over Labor's housing tax reforms.
Dwellingup Short-Term Rental Limits Proposed
The Shire of Murray plans to limit short-term rentals in Dwellingup to protect permanent housing, the local school, and community sustainability, following a community survey.
First Home Buyers Face Negative Equity in Housing Correction
Tens of thousands of Australians who used the 5% deposit scheme may face negative equity as Sydney and Melbourne house prices fall, experts warn of limited options and potential forced sales.
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Housing downturn threatens new homeowners with negative equity
Experts warn a potential 10% property downturn could push new homeowners into negative equity, especially those under the government's 5% deposit scheme. About 300,000 Australians are at risk.
Falling House Prices: A Welcome Shift from Investor Demand
Australia's housing market sees price declines, a positive move towards affordability. Labor's budget changes reduce investor incentives, benefiting first-home buyers.
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