Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Banks start accepting further First Home Loan Deposit Scheme applications
The Housing Industry Association (HIA) welcomes the news that banks will start accepting loan applications for the New Home Guarantee under the First Home Loan Deposit Scheme. "The emphasis on new builds and an increase on the price caps for new homes means that it has never been a better…
Home loans dive under 2 per cent, with all eyes on the big four
Sally Tindall, research director at RateCity.com.au, said all eyes were now on the big four banks, which hold…
Cash rate cut will improve housing affordability – if banks get on board
The RBA's decision to cut the official interest rate to a historical low of 0.10 per cent will…
Cash rate cut to new historic low
The Reserve Bank of Australia have cut the cash rate by 15 basis points to a new historic…
HomeBuilder is working for now, but a second cliff is up ahead
A 15.4 per cent leap in the number of dwelling approvals and a 25.3 per cent rise in…
A fifth of Aussies in a better position to buy a house thanks to COVID-19
A fifth of Aussies in a better position to buy a house thanks to COVID-19 New research has…
REIQ appoints two new board directors
The Real Estate Institute of Queensland announced the appointment of two new directors to its board.
Dwelling approvals and construction loan commitments surge
The number of dwellings approved rose 15.4 per cent, according to ABS data released today.
‘Bureaucratic inefficiencies’ keeping real estate agents unemployed
The Real Estate Institute of NSW has hit out at Fair Trading for bureaucratic inefficiencies that are keeping…
Australian housing values are rising, after five months of declines
Following what CoreLogic refer to as "five months of consistent declines in residential property values", the national home…
Clearance rate at highest point since pre-pandemic
The preliminary clearance rate has hit its highest peak since the start of the coronavirus pandemic, coming in…
RBA to make second rate cut, say experts
Property developers and investors make AFR Rich List
Three moguls who have made their fortune in the property game appear in the top ten of the…
HIA wins SafeWork NSW award for pandemic initiatives
The Housing Industry Association has been announced as the winner of the 2020 SafeWork NSW Awards for "outstanding…
Inside the Hobart housing boom
Sydney house prices rise as units fall, marking largest price gap on record
Sydney housing prices took a massive tumble in the June quarter, losing close to $22,000 off the median…
Hobart house prices to leapfrog Adelaide, as Darwin moves past Perth
Domain's latest House Price Report has revealed the Australian housing industry has largely bounced back, with all capital…
Green Building Council takes steps to eliminate natural gas in new buildings
Green Building Council of Australia have completely overhauled its Green Star rating system in a push to eliminate…
National rent prices fell annually for the first time
The September 2020 quarter CPI figures show the impact that the pandemic has had on national rental prices.
CoreLogic partners with innovation program RealTechX
CoreLogic has today announced its backing of emerging technology businesses in real estate through Taronga Ventures' RealTechX program.…
The Reserve Bank believes the recession could be over
Reserve Bank deputy governor Guy Debelle told a Senate estimates hearing on Tuesday that the RBA believes the…
Queensland rentals hit lowest vacancy rate on record
Queensland's rental market has been hit hard by COVID-19, with Brisbane's vacancy rate swinging from a high of…
Survey highlights rental uncertainty during COVID-19
A new survey from Flatmates.com.au with more than 12,000 respondents highlights the uncertainty felt by renters during the…
Over 96% of First Home Loan Deposit places have already been filled
The First Home Loan Deposit scheme allows buyers to purchase a property with just a five per cent…
Housing prices rise in WA’s regional centres
Western Australia's regional centres are in high demand, as eight of nine areas saw an increase in median…
Auction markets continue to strengthen
As Victoria returns to in-person auctions, the market is gaining moment, with a surge in Melbourne listings contributing…
Tassie market activity at pre-COVID levels, as sales rise almost 40 per cent
The Real Estate Institute of Tasmania have delivered an extremely postivie September Quarterly report, which confirms that market…
2020 REIV Awards: The complete winners list
Check out the acceptance videos from all the winners, and the complete list of winners and finalists.
Most Aussies are made responsible for their own workplace COVID cleaning
New research has found that 59 per cent of Australians have had their bosses task them with cleaning…
Certificate IV the new minimum real estate requirement in Victoria
New regulations for real estate education introduced by the State Government came into effect today, Thursday, October 21.
Melbourne overtakes Sydney in new property listings
Since private inspections started back up again in Melbourne towards the end of last month, a flood of…
Why more housing stimulus will be needed to sustain recovery
Housing stimulus has proved a welcome shot in the arm for the property market, but academics question whether…
PCA: Proposed fees make Australia “less attractive destination for investment”
Proposed foreign investment rules that introduce a steep new fee for investing in Australian real estate have been…
