Affordable Housing

A new housing report shows households spend over 40 percent of income on mortgages, with national rental vacancies hitting a record low of 1.6 percent.

The state’s peak real estate body has cautioned against making conditions too onerous for landlords citing the situation in New Zealand and Victoria.

Both AIP and BCA are advocating for significant reforms to counter the effects of decades of flawed housing policies.

Sydney house rents have risen by $356 weekly, adding $18,512 annually, while Perth rents climbed by $352, increasing $18,304 a year.

An academic and tax expert says negative gearing policy has little to do with housing crisis.

Sydney and Brisbane added the largest number of million-dollar suburbs, while Melbourne stagnated.

Brisbane’s average cost is below the national average, followed by Western Sydney, Perth, and Melbourne.

The funding for the Housing Australia Future Fund and National Housing Accord will support 13,700 new social and affordable homes nationwide.

The Allan Labor government contends that this move will help address the housing crisis.

The calculator allows users to determine the maximum permissible rent increase based on their specific circumstances.

A group of 28 House Democrats called for the immediate implementation of the rule proposed by the Housing Department a year ago.