|February 2007||News Article|
Half a million Australians in housing-payment stress
More than half a million households are paying more than 30 per cent of their income in rent or mortgages, according to research by the ANU’s National Centre for Social and Economic Modelling made public today...
Taxes, not land shortage, cause of supply problem
More than 150,000 housing lots are available for development -- between three and eight years' supply -- in the nation's three biggest cities, according to a survey published by The Australian today (26 February 2007).
What to do when apartment neighbours behave badly
Bad neighbours are bad enough, but in an apartment block things are made worse.
Newspaper losses are websites gains
Newspaper readership is falling while websites are gaining, according to the latest Audit Bureau of circulation figures.
Landlords and agents warned on rents
The Office of Fair Trading has issued a warning to landlords and real-estate agents not to take unfair or illegal advantage of the rent crisis.
Rates on hold for a fair time yet
Interest rates are on hold for the foreseeable future, the Reserve Bank indicated today (12 February 2007) in its quarterly monetary policy statement.
Plan to axe stamp duty for new homes
Stamp duty should be abolished for new homes, the Property Council of NSW said today (12 February 2007).
Housing lending up slightly, not enough for demand
Housing finance for owner occupiers increased in value by only 1.1 per cent to $13.9 billion in December, with the trend remaining down, according to figures released today (9 February 2007) by the Australian Bureau of...
Interest rates on hold
Official interest rates are to stay at 6.25 per cent, the Reserve Bank announced today (7 January 2006).
Housing starts below demand for next two years
Housing starts are expected to fall below 150,000 this financial year well below the estimated demand of 162,000 dwellings, according to a report issued today (6 February 2006).
Housing approvals keep on falling
Housing approvals were down in all states bar Queensland last month, according to Australian Bureau of Statistics figures released today (5 February 2206). The effect of three interest rate rises in seven months has capped a...