According to the latest home ownership data released by Westpac, buyers are willing to compromise on their dream locations to beat affordability hurdles, a shift highlighted by regional buyers like 22-year-old Sydneysider Mia Bennett. Gen Z First-Home Buyers Pivot Toward Regional NSW Markets Growing up in Sydney’s eastern suburbs, Mia Bennett quickly realized that purchasing … Read more
Australia’s housing market has moved into a downturn for the first time in more than three years, with national capital city house prices falling 1.4 per cent and unit prices dropping 1.2 per cent in the June quarter. According to data from the online real estate company Domain, this shift follows three years of uninterrupted … Read more
Australia has reached a record high in its billionaire population, with 178 individuals currently identified. This represents an increase of 17 over the past year, according to new analysis based on the 2026 Australian Financial Review Rich List. The collective wealth of these individuals now exceeds $686 billion, having grown by $25.67 billion in the … Read more
The End of the “Set and Forget” Investor? How Banking Shifts are Redefining Property Strategy For decades, the Australian property investment playbook was remarkably consistent: buy an established dwelling, leverage negative gearing to offset income tax, and wait for capital growth. However, a seismic shift is underway. As major lenders begin to decouple serviceability from … Read more
The Australian government is facing a growing wave of public backlash following the federal budget, prompting a defensive campaign from the Labor Party. In an email sent to members this week, the party’s national secretariat requested $10 contributions to help build campaign infrastructure, characterizing the current climate as a fight against “vested interests” and “wealthy … Read more
The federal government is facing pushback from Gen Z and millennial investors following a budget that aims to tackle intergenerational inequality through significant tax reforms. While Prime Minister Anthony Albanese maintains the budget is designed to create a fairer system, younger Australians are expressing concerns that their primary pathways to wealth are being restricted. Changes … Read more
Hundreds of property auctions took place across the country on Saturday, with prospective first-home buyers showing renewed optimism following the introduction of significant tax reforms. At one auction for a South Melbourne apartment, a successful bidder who had spent over a year searching for a home expressed support for the changes. She noted that the … Read more
The Borrowing Shock: Why Your Pre-Approval Is No Longer a Guarantee For years, the Australian property investment playbook was simple: find a property, leverage negative gearing to offset taxable income, and rely on a bank pre-approval to bid with confidence at auction. But the landscape has shifted overnight. Recent Federal Budget changes regarding negative gearing … Read more