Focus
rental crisis
NSW Passes Rental Reforms: No-Grounds Evictions Banned, Rent Increases Capped
The state’s peak real estate body has cautioned against making conditions too onerous for landlords citing the situation in New Zealand and Victoria.
Capital City Renters Paying an Extra $15,000 Per Year Since the Pandemic: Analysis
Sydney house rents have risen by $356 weekly, adding $18,512 annually, while Perth rents climbed by $352, increasing $18,304 a year.
Coalition, Greens Block Government’s Shared Equity Scheme for Housing
The motion was suspended after receiving 19 ‘yes’ votes and 41 ’no' votes in the Senate.
Adelaide, Perth Median Dwelling Prices Surpass Melbourne
Melbourne’s home values have declined for 6 consecutive months, influenced by the increased tax burden on investment properties.
ACT Introduces ‘Calculator’ to Help Tenants Determine Fair Rent Increases
The calculator allows users to determine the maximum permissible rent increase based on their specific circumstances.
Second-Home Owners Will Need Planning Permission for Short-Term Holiday Lets
The government will also introduce a mandatory national register of short-term lets so local councils can have greater information on housing in their area.
Australia’s Migrant Intake Must Be Better Controlled, Peter Costello Warns
An economist said the supply of immigration has long exceeded the demand for it.
