A survey of industry participants shows confidence in the property sector is at a two-year high, despite the prospect of higher interest rates and the slowing trend in building approvals.
Sussan Ley stands aside over trip including Gold Coast property purchase
Sussan Ley's decision to purchase her third investment property on a taxpayer funded trip makes her appear out of touch with everyday Australians, many of whom can't afford to buy their own home.
"We have had the strongest period of supply for close to a decade and that’s feeding into a moderation of house price growth," says The Property Council's Chief of Policy and Housing, Glenn Byres.
Attributing blame to a select group for the housing crisis is unfair, especially since this minority group consists of hard-working individuals who have done nothing more than use tax laws commonly deployed by most taxpayers.
Infrastructure Australia says 'value capture' won't meet country's infrastructure needs
Value capture is no "magic pudding" that can solve Australia's infrastructure problems, says Ken Morrison, Chief Executive of the Property Council of Australia.