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Industry News

Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.

Industry News

Why Australia’s auction slowdown isn’t about a lack of buyers

A wave of nervous vendors pulling properties from the block drives the national clearance rate down to 48%, triggering a major structural shift in favour of buyers.

Industry News

‘Axe the tax’: Jane Hume slams proposed changes

Jane Hume has called on Labor to scrap its negative gearing and capital gains tax reforms, branding them…

Perth is at the centre of Australia's housing supply squeeze, with Western Australia adding 3.2 people for every new home completed over the year to December 2025. Image: Getty
Industry News

Housing supply race exposes winners and losers as WA and Qld fall behind

New ABS data reveals which states are keeping pace with housing demand, with WA and Queensland facing the…

National home prices held flat in May, with both Sydney and Melbourne recording falls for the third consecutive month. Image: Getty
Industry News

Three rate hikes finally hit housing market as Sydney and Melbourne lead the slowdown

REA Group's latest Market Snapshot shows higher interest rates are reshaping market conditions, with Sydney and Melbourne cooling,…

Prime Minister Anthony Albanese and Treasurer Jim Chalmers outline four major concessions to the Federal Government's controversial tax reform package. Image: created in Gemini
Industry News

Labor backflips on key CGT reforms after backlash

The Albanese Government has announced four major concessions to its proposed capital gains tax reforms, easing pressure on…

Darwin, Perth and Brisbane have led quarterly gains. Image: Getty
Industry News

Home prices climb 12% in sharpest annual gain since 2022 as rental vacancies hit record strain

Australia's median house price has climbed to $1.15 million as rental vacancies hit crisis lows, with the REIA…

News

$49k fines and forced 14-day lockouts: REIV fights back against chaotic consumer bill

Victoria's Consumer Legislation Amendment Bill 2026 could hit agents with fines of nearly $49,000 for not disclosing sale…

Cotality’s Head of Research, Gerard Burg. Image: LinkedIn
Industry News

Entry-level Brisbane apartments now more expensive than Sydney

Three previous RBA rate hikes erase gains from falling home prices as Brisbane units overtake Sydney's lower quartile…

Industry News

Balancing act: RBA holds cash rate amid softening economy

A definitive turning point for the property sector as economists, and real estate leaders analyse the path ahead…

Melbourne listings have been hit with wave of price cuts. Image: Getty
Industry News

Are buyers calling the shots in Melbourne’s housing market?

As more Melbourne listings undergo price reductions, realistic expectations and strong buyer relationships are becoming critical to achieving…

Harcourts SA and VIC appoint James Aubert as Performance Coach to support agent development across both states.
Industry News

Harcourts SA/VIC appoints James Aubert as Performance Coach

James Aubert brings real estate experience, relationship-focused leadership and a Bachelor of Psychological Science to a newly appointed…

David Alexander, Chief of Policy and Advocacy, ACCI. Image: LinkedIn
Industry News

‘No excuse’: rushed tax laws threaten wages and jobs

Peak business groups unite in unprecedented backlash as "snap" two-day Senate inquiry into Labor's massive capital gains tax…

Broadbeach, Queensland, saw its housing market experience a massive 249% price turnaround over the last decade. Image: Getty
Industry News

From flatline to property fortune: the unexpected suburbs locking in 10-year price turnarounds

Discover the suburbs that flipped the script from flatline growth to staggering 270%+ surges over the last decade.

A distinct split is opening up in the market as sales listings rise while rental stock remains tightly constrained.. Source: LazingBee / Getty Images
Industry News

Rising sales listings and tightening rentals are reshaping the market

Ray White chief economist Nerida Conisbee reveals a widening gap between property sales and rental stock as federal…

Richard Bailey, Property Partner, The Agency Northern Tasmania. Image: Supplied
Industry News

Tasmanian first-home buyers facing devastating ‘cliff edge’ as Stamp Duty exemption abruptly ends

Hidden budget cuts and a ruthless June 30 settlement deadline leave agents scrambling, as experts warn pending property…

Sydney's median house price has fallen by $75,000 in a single quarter. Image: Getty
Industry News

Sydney house prices post second-largest dollar drop on record

Sydney house prices have suffered their sharpest quarterly decline in seven years, with a $75,000 drop as rising…

NSW remains Australia’s least affordable housing market, with mortgage repayments consuming 58.4% of median family income. Image: Getty
Industry News

Mortgage repayments hit record 50.8% of family income

Mortgage stress rises above 50% of household income as RBA rate hikes erase 2025 affordability gains and lift…

News

Migration outpaces new housing supply 3-to-1 as real estate sector faces unprecedented demand pressure

Migration outpaces housing construction nearly three-to-one, intensifying Australia’s supply crisis

Industry News

Budget shock hits property market as positive cash flow suburbs shrink to just 0.8%

Positive cash flow properties collapse to just 0.8% of suburbs as yields tighten, costs rise, and investors pivot…

First home buyers in the ACT will no longer pay stamp duty under landmark reforms aimed at cutting upfront housing costs. Image: Getty
Industry News

Canberra ditches Stamp Duty for First Buyers in major housing shake-up

Canberra becomes the first Australian jurisdiction to remove the tax entirely for first-time purchasers, regardless of property value…

Forget the capital cities: New report shows prestige buyers in regional hotspot set to prosper most. Image: Getty
Industry News

Gold Coast crowned Australia’s fastest-growing economy

The Gold Coast is now outpacing Australia’s capital cities in economic growth, with 420+ new residents a week…

Industry News

The property heavyweights dominating the King’s Birthday honours list

Property executives, agency founders and strata pioneers were among the business leaders recognised in the King's Birthday honours,…

Victorian agents will need to publish reserve prices seven days before auction from 1 October. Image: Gemini
Industry News

REIV warns reserve price disclosure laws could push sellers away from auctions

REIV warns Victoria’s reserve price laws risk pushing vendors away from auctions despite push for greater transparency

Record capital continues to flow into childcare property, but oversupply in some suburbs is creating sharply different outcomes for investors. Image: Getty
Industry News

Saturated suburbs: Why Australia’s $1.4b childcare property boom just reached a tipping point

Australia's childcare property market has attracted record investment, but local oversupply, staffing shortages and operator quality are now…

Industry News

Listings build collides with cautious buyers as housing market shifts into new phase

Australia’s housing market is shifting as listings rise and buyer demand cools, with clearance rates falling and withdrawal…

News

RBA flags early housing slowdown as interest rate rises begin to bite

Reserve Bank says higher borrowing costs are starting to ease housing conditions, while warning inflation remains “too high”…

Perth housing market shows slower selling times as listings rise above 5,000, while prices continue to record growth across houses and units in May 2026. Image: Getty
Industry News

Perth housing market slows as selling times double, but prices keep rising

Perth selling times double as listings climb above 5,000, but prices continue to rise despite easing market momentum

Thomas McGlynn, CEO - Performance and Value at Ray White. Image: Supplied
Industry News

Property market holds steady despite economic uncertainty

Despite budget shocks, rate uncertainty and geopolitical tension, new Ray White data shows sales values are holding firmer…

Photo: instagram.com/dhughesy/ and Gemini
Industry News

Dave Hughes becomes the unlikely face of Australia’s Budget backlash

The comedian's social media tirades have attracted thousands of reactions and hundreds of comments, but he is part…

Revenue from stamp duty is increasingly being driven by price growth rather than transaction volumes, highlighting the growing fiscal reliance on higher property values. Image: Getty
Industry News

Stamp duty nears $35bn as rising prices do the heavy lifting

Rising property prices, not rising sales, are driving a record $34.4 billion stamp duty haul across Australia.

Asking prices stall and distressed listings jump. Image: Getty
Industry News

Housing market hits turning point as supply floods and prices fall

A massive wave of new listings and a worrying spike in distressed sales have broken the back of…

Industry News

The 300,000-home black hole threatening Labor’s housing dream

New data reveals Australia must supercharge construction by 49 per cent to hit Labor's 1.2 million homes target,…

Industry News

Investors circle Darwin as commercial market momentum builds

Darwin’s commercial property sector is strengthening, with rising rents, limited new supply and increasing investor demand as defence,…

Industry News

House prices could flatline for 20 years

A new analysis suggests the structural tailwinds behind Australia's property boom have exhausted, with tax changes adding further…

Industry News

Auction clearance rates fall below 2022 downturn levels

Five weeks of weak results signal buyer demand has softened faster than the last correction, though improving inflation…