Australians are holding onto their homes for longer
The transaction costs of buying and selling a home have become prohibitive, but cuts to stamp duty and low-cost agents could make buying and selling more affordable, says Cameron Kusher of CoreLogic.
REIWA calls on state government for reforms to stimulate property market
The Real Estate Institute of Western Australia has made a submission to the WA state government ahead of the 2017 budget, calling for a range of reforms to stimulate the WA property market.
The REINSW says policies being considered by the NSW government to improve housing affordability for first homebuyers is a step in the right direction.
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.
Vic removal of stamp duty exemption for OTP buyers 'final nail in coffin'
The Victorian government's decision to scrap the stamp duty exemption for buyers purchasing off-the-plan could mean lower supply of new dwellings, sending prices and rents higher, says Sam Tarascio of Salta Properties.
