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Make it easier for pensioners to downsize, says Property Council

Reducing transaction costs for the elderly could add 50,000 properties to the market and improve overall housing affordability, says Ken Morrison, chief executive of the Property Council.

National

The Economy

Company tax cut good news for builders

Denita Wawn, CEO of Master Builders Australia, says the senate's passing of the tax cut bill is good news for small builders, but she is calling on the government to lower taxes for larger businesses too.

South Australia (SA)

Featured Property

Hallett Cove beachfront home for sale

An imposing property on two titles is for sale by Michele Alexandrou of Toop and Toop.

National

The Economy

APRA tightens bank rules to restrict risky lending

APRA is targeting the rapid rise in the number of interest-only loans.

National New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

Growth in property prices gathers pace

The debate about housing affordability stepped up a notch on Thursday when CoreLogic revealed that its latest data shows Sydney property prices are on track to achieve growth of 19 per cent in the year to March.

National

People

Lloyd-Hurwitz elected president of Property Council

Susan Lloyd-Hurwitz, CEO and managing director of Mirvac, has been elected national president of The Property Council of Australia.

New South Wales (NSW)

Featured Property

Coastal estate in Whitebridge for sale

Built by original owner, Tony Murphy, and designed by architect Bernard Adcock, 'Killara' is an oceanfront home for sale by Ken Jacobs of Ken Jacobs Christie's International Real Estate and Mark Kentwell of PRDnationwide.

Western Australia (WA)Perth

The Economy

The Perth suburbs selling more quickly now than in 'boom' times

Despite a general slow down in the Perth property market, close examination of data reveals that some areas of Perth are selling more quickly than they did during the property 'boom', says Hayden Groves, president of the REIWA.