Houses near the beach an hour’s drive from a major capital city are still on the market for just $600,000. Here’s why prices here have hardly moved during the past five years.
A Treasury official has admitted Labor’s plan to tackle the housing affordability crisis has failed to see a necessary lift in the completion of new homes.
The cost of building a house in Australia is expected to soar by double digits in the coming year with bathroom suppliers Reece and Tradelink announcing big increases to piping costs.
Some of Australia’s fastest growing suburbs are also particularly car dependent. KPMG urban economist Terry Rawnsley has explained why these postcodes are the ground zero of the fuel crisis.