Tax Breaks for Short-Stay Rentals Under Scrutiny Amid Housing Crisis
A new report estimates tax breaks for short-stay rentals are costing taxpayers up to $556 million annually while removing nearly 170,000 homes from the long-term rental market. Our analysis examines the findings and the expert opinion of economist Saul Eslake,...
Multi-Speed Property Market Emerges as Brisbane, Perth, and Adelaide Outperform
The latest national housing data reveals a clear divergence in Australia's capital city property markets. While median prices are up nationally, the real story is the significant outperformance of Brisbane, Perth, and Adelaide, which are recording strong, often double-digit, annual...
Woollahra Housing Plan Sparks New Stoush: Developers vs Residents
The revival of a 50-year-old abandoned train station project in Sydney's affluent east is at the heart of a new government plan to rezone land for 10,000 homes. The proposal has ignited a fierce debate, pitting housing affordability advocates against...
Waldorf Astoria ‘Topping Out’ Signals Confidence in Sydney’s Luxury Hotel Sector
A key construction milestone has been reached on the $520 million Waldorf Astoria hotel in Sydney, with the 26-floor structure now complete. This 'topping out' signals strong investor confidence in the city's luxury hotel sector and highlights the ongoing trend...
Property Prices: Are Social Media Trends Skewing the Aussie Market?
Australia's corporate regulator, ASIC, is cracking down on social media "finfluencers" amid concerns that a wave of unlicensed financial advice is creating unrealistic expectations for young property buyers. With viral trends promoting risky financial habits reaching millions, this phenomenon poses...
CBRE Acquires Burgess Rawson, Targeting Dominance in High-Net-Worth Investor Market
Global giant CBRE has acquired specialised Australian agency Burgess Rawson in a strategic play to dominate the lucrative high-net-worth investor market. The deal signals a major consolidation in the commercial brokerage landscape and highlights the intense investor demand for resilient...
