News

A new report has found renters need to be earning $130,000 a year to be able to afford to rent a three-bedroom house in inner-city Melbourne stress free.

Australia’s housing market has emerged as two firmly split opposing forces according to the Housing Industry of Australia’s principal economist.

The demand for Australian student housing is set to boom in the coming years and it presents an opportunity for property developers.

The founding chairman of the Australian Competition and Consumer Commission – Allan Fels – says the corporate regulator is too soft in fighting bank misconduct.

Things can turn around pretty quickly in the property game, it wasn’t that long ago that prospective buyers were throwing money at vendors for fear of paying more if they waited as prices rocketed.