Young Aussies fear being locked out of property market forever
Ben Peters lives with his parents, and has been saving to buy his own home for more than ten years. Despite a few misses at auction, his home ownership dream remains intact.
Aussie politicians outed as big-time property investors
Many of the federal politicians tasked with fixing Australia's intractable housing affordability problems are significant property investors themselves, according to new findings from the ABC.
The proposed removal of OTP concessions for investors will represent the loss of a competitive advantage for Melbourne in a market that is increasingly facing national and global competition.
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.
Reducing the cost of new housing supply and tackling the deposit gap faced by aspiring first home buyers is the appropriate policy response to Australia’s housing affordability challenge,” says HIA Chief Executive Industry Policy, Kristin Brookfield.
In the lead up to Western Australia's election this Saturday, the REIWA has campaigned for policy reforms aimed at alleviating the financial burden of state property taxes.