Westpac Shares Slide 5% as Mortgage Applications Drop 20% After Australian Tax Changes
Westpac Banking Corp shares fell 5.14% to A$35.98 on Monday, sharply underperforming the broader market, after the lender reported a sharp drop in mor…
Tag: Australia
Australia’s Housing Market Is Being Squeezed From Three Directions at Once
In the space of a single week, Australia's property industry has been warned of a multibillion-dollar tax-compliance bill, watched apartment developer…
NSW passes law giving new apartment buyers 10 years of defect insurance
New South Wales' Parliament has passed the Fair Trading and Building Legislation Amendment Bill 2026, letting eligible developers satisfy their statut…
Advisory firm warns federal tax changes could worsen Australia’s apartment shortage
Property advisory firm Charter Keck Cramer says the Albanese Government's May Budget tax changes — covering negative gearing, capital gains tax treatm…
KPMG forecasts Australian house prices to fall 1.1% in 2026 while unit prices rise
KPMG Australia forecasts national house prices to fall 1.1% in 2026 while unit prices rise 2.2%. The firm published the revised outlook on 4 August after weaken
Australia’s home prices fell again as Bloomberg flags a softer Australia–New Zealand housing backdrop
Bloomberg, citing Cotality data, reported that Australia’s housing-market decline deepened in July. Its separate Australia Briefing described housing markets on
How Much Does Water Cost in Australia? Comparing Sydney, Melbourne, Brisbane, Perth and Canberra
Compare water bills in Sydney, Melbourne, Brisbane, Perth and Canberra by separating fixed charges, water use and rental responsibility.
Australia’s June-Quarter Housing Data Show Broader Cooling, With Cities Still Moving Differently
Australia's June-quarter housing data showed a concurrent fall in combined-capital house and unit prices. ABC News, citing Domain's House Price Report, reported a 1.4% quarterly fall in combined-capital house prices ...
Greater Sydney home ownership rate fell to 59.9% in 2025, KPMG research finds
Greater Sydney’s home ownership rate fell to 59.9% in 2025, according to KPMG research reported by ABC News.
Australia’s “Ninth Housing Downturn” Is a National Label Over a Fragmented Market
Domain reports Australia is in its ninth housing downturn since the mid-1990s, but its FY27 forecasts show Sydney and Melbourne falling while Brisbane, Adelaide
