Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
REA appoints Katrina Konstas as Kul Singh departs after more than a decade
Katrina Konstas will take the commercial reins from September as long-serving executive Kul Singh exits.
ACT tops Australia’s property tax burden as NSW trails despite high prices
Annual property tax bills reveal sharp differences between states, with the ACT leading the nation
Majority of Australians doubt property can build generational wealth
New research shows most Australians no longer believe property investment will let them pass wealth to their children,…
Domain data points to mid-2027 property rebound
New cyclical analysis from Domain suggests the current downturn will be short-lived, with the next upswing hinging on…
Darwin defies national slump as home prices fall for the third straight month
Affordability is now driving market performance, with regional areas and units outperforming capital cities and houses as buyers…
Regional towns sweep top spots in McGrath’s winter market index
Tasmania claimed half the top ten positions as regional markets outperformed capital cities on sales activity, pricing, and…
Will AI ‘Millionaires’ Reshape Luxury Real Estate Buying Habits?
A new generation of tech founders wants turnkey wellness retreats, not renovation projects – and they're closing deals…
The death of the ‘cheap’ family home: $1 Million is Australia’s new baseline
How soaring construction costs, population growth, and budget backlash pushed the baseline to seven figures
Budget and deposit scheme could split market into winners and losers
Ray White's chief economist warns lower-priced suburbs propped up by first home buyer incentives are now most exposed…
Perth property paradox: house prices hit $1M barrier as sales collapse to 15 year low
The city has entered seven-figure territory despite transactions sinking to their weakest level since 2011.
The ‘20-year club’: Australia’s hardest-to-buy suburbs revealed
As national holding times average a decade, a select group of middle-ring suburbs are locking down supply as…
NSW reverses ‘worst own goal’ on foreign investor tax to boost housing supply
Industry hails decision to ax 9% surcharge on build-to-rent projects, calling a decade of punitive global restrictions a…
Budget tax reforms spark 151% spike in off-the-plan apartment demand
Victoria leads national demand as off-the-plan apartment enquiries jump sharply following Federal Budget tax changes.
Parliament passes sweeping tax reforms: What real estate professionals need to know
A definitive breakdown of key dates, grandfathering protections, and structural market shifts for real estate principals, property managers,…
Residential tax pain is commercial gain – the shift sparked by the Federal Budget
Federal Budget tax changes are expected to boost the appeal of commercial property, with investors increasingly eyeing industrial,…
Rate hikes bite: Sydney and Melbourne house prices set to fall
Domain's FY27 forecast warns multiple rate hikes have slashed borrowing power, splitting the nation's housing market into fragments.
The buyers paying the price for Australia’s pandemic property boom amid record $38B property windfall
While most Australians are selling for record profits, new Cotality data shows buyers who entered the market around…
Labor-Greens tax deal set to ignite real estate backlash as housing reforms edge closer
Greens support clears path for first tranche of tax reforms, with major changes to CGT, negative gearing and…
Toowoomba explodes with 236% growth as regional migration smashes all-time records
Record capital city exodus sparks a property gold rush in regional hubs as the national index hits its…
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%,…
‘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…
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…
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,…
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…
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…
$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…
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…
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…
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/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…
‘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…
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.
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…
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 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…