Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Opposition vows to scrap Victoria’s controversial ‘Airbnb tax’
The Victorian Opposition has pledged to repeal the state's contentious Short Stay Levy Bill if elected in 2026,…
Renters and homeowners are feeling more confident
Consumer confidence held steady this week, as both renters and homeowners started to feel better about the state…
Rising costs and short-term rentals are reshaping the housing market
Over 70% Australians who rent do so because they simply cannot afford to buy a home - a…
Construction industry collapse tightens the screws on home buyers
The Aussie dream of home ownership could be under threat as the construction sector faces an unprecedented crisis,…
Auction market lifts as spring heats up
The Australian property market has seen a sharp uptick in activity as spring selling season gains momentum according…
Australian property market hits $11 trillion despite slowing growth
Australia's property market has reached a new milestone, with the total value of residential real estate surpassing $11…
RNBZ rate cuts to boost confidence
The Reserve Bank of New Zealand’s latest rate cut is set to boost market confidence and there is…
Investors flock to charity-backed commercial properties
There’s currently a surge in demand for properties backed by established charities like the Salvation Army and St…
Housing crisis deepens as new home builds hit decade-low
Australia's housing crisis is set to worsen as new home construction plummets to its lowest level in over…
Reapit to elevate agency tech with new game-changing innovations
PropTech provider Reapit will announce the latest enhancement to its award-winning range of platforms including Console Cloud, AgentBox,…
Strata properties gain popularity in NSW and QLD
House purchases are trending downwards in New South Wales as buyers increasingly turn to strata properties, according to…
Sydney and Melbourne’s unit markets struggle despite affordability gains
Despite improving affordability in some areas, certain unit markets in Sydney and Melbourne are failing to attract buyers,…
September property listings hit highest levels since 2015
Sellers are embracing the spring selling season, with new property listings in September 2024 reaching their highest volume…
Parliament urged to pass housing legislation
The Property Council of Australia is calling on Parliament to pass the federal government's housing legislation without delay,…
Victoria’s property market faces challenges amid high taxes
Victoria's once-booming property market is now struggling to keep pace with the rest of Australia, according to a…
Tasmania leads property boom with 233% gains, while NT lags
Property prices in Tasmania have surged by an impressive 233% over the past 20 years, leading the nation…
ANZ predicts property prices to rise 5.5 per cent in 2025
Australia's capital city housing markets are expected to see continued growth in 2024, with prices forecast to rise…
Rental market pressures ease as growth slows
Australia's rental market is showing signs of easing, with the pace of growth slowing and more properties becoming…
Australian tenants lead worldwide adoption of rental tech
Australian renters are leading the way with property technology, and in the process enhancing their rental experience with…
Eviction rates highlight rental struggles in NSW’s outer suburbs
Tenants in Far Western NSW and outer Sydney suburbs are facing the highest risk of eviction, according to…
Building approvals decline raises concerns for housing targets
Building approvals for new homes in Australia have fallen significantly, raising alarm bells for the nation's housing targets.
Rental boom could be done and dusted
It looks like relief is on the way for struggling renters, with the rental market across Australia having…
Affordable homes outpace luxury market in price growth
Cheaper properties have experienced the strongest price growth over the past year, according to a leading property expert.
Housing market growth slows as spring listings surge
The Australian property market is showing signs of a slowdown, with national dwelling values rising by just 0.4…
Spring Surge: affordability pressures rise as listings climb and market growth slows
Home values increase in September but increased property listings are offering buyers more choice. Meanwhile, increasing affordability challenges…
Metricon Homes retains top spot as Australia’s largest home builder
Metricon Homes has maintained its position as Australia's largest residential builder for the ninth consecutive year, according to…
Industry warns against rent controls
Queensland's property industry is sounding the alarm over potential rent controls, warning they could further reduce rental availability.
Million-dollar suburbs hit record high despite affordability concerns
The number of Australian suburbs with median house or unit values of $1 million or more has reached…
Tight supply drags on property industry confidence
Property industry confidence remains stable despite concerns over tight levels of supply, according to the Property Council.
Higher taxes won’t solve housing crisis
Increasing taxes on housing will exacerbate affordability issues, according to the Housing Industry Association (HIA).
Aurora Realty: setting the standard in property management
Aurora Realty is quite a force in the property management industry, renowned for its dedication to enhancing the…
Government considers changes to negative gearing and capital gains tax
The federal government is exploring potential modifications to negative gearing and capital gains tax concessions, a move that…
Innovation and focus on workplace culture drive the future of property management
The property management industry is seeing a rapid transformation, driven by rising revenues and new technology adoption, according…