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Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.

Renting needs to be treated as an essential service. Photo: Getty
Industry News

Rental housing should be treated as an essential service

Survey data shows landlords largely agree with renters on need for stronger protections, creating both compliance challenges and business opportunities for property managers.

In Perth, house prices rose 5.7% over the March quarter to a record $1.179 million, extending a 14-quarter growth run. Image: Getty
Industry News

Housing splits as Sydney and Melbourne slow, Perth leads

Sydney and Melbourne house prices fall in the March quarter as borrowing constraints and weaker sentiment weigh on…

News

Budget needs to focus on action, not talk to fix housing crisis

LJ Hooker calls for Budget action to redirect property tax revenue into housing supply, affordability and mobility amid…

Industry News

REMAX and Real brokerage strike US$880M deal to remodel global real estate

Global scale meets local expertise: REMAX Australia prepares for an AI-powered future following its parent company's US$880 million…

Industry News

What the 2026 Federal Budget should focus on to fix housing

As Australia heads into the federal budget, housing policy should focus on boosting supply, protecting rental stock and…

Industry News

Brisbane leads global luxury property shift

Global wealth growth and severe prestige stock shortages are reshaping Australia’s luxury property landscape, led by Brisbane.

Luke Shumack, Partner O*NO Legal. Image: Supplied
Property Management

‘A wake-up call’: Industry braces for impact after 2Apply privacy ruling

2Apply found in breach of Privacy Act: what the landmark ruling means for renters and real estate agencies

Industry News

First home buyer scheme driving up prices for affordable homes

Properties eligible for the expanded 5 per cent deposit guarantee have risen nearly twice as fast as higher-priced…

Renters are reaching their affordability limit, with Domain data showing rent growth slowing despite record-low vacancy rates. Image: Getty
Industry News

Rental market hits affordability ceiling as record-low vacancies fail to lift rents

Domain says renters have reached their financial limit, with record-low vacancy rates failing to drive broad rent increases…

Industry News

The Australian dream is alive but not the same as before

New analysis of OECD data suggests homeownership remains within reach – but the path has changed dramatically.

Ray White chief economist Nerida Conisbee has weighed in on Melbourne’s housing affordability debate. Image: Getty
Industry News

Melbourne’s affordability has been driven by supply, not taxes

Ray White chief economist Nerida Conisbee argues Melbourne’s affordability comes from decades of strong housing supply, not investor…

Industry News

Affordable regional suburbs dominate buyer demand hotspots

New data reveals Victorian and Tasmanian suburbs are seeing enquiry surges of up to 313 per cent, signalling…

Industry News

40 million people, no plan: watchdog warns Australia is growing without a national framework

New report highlights growing mismatch between Australia’s population growth and its ability to plan for it

There's an undersupply of property managers. Photo: Getty
Industry News

Property manager vacancies hit 5,300 as six-figure salaries fail to stem exodus

New data reveals the scale of the workforce crisis, with Victoria's 1,100 vacant roles reflecting the toll of…

Property Management

National vacancy hits 1% as rental market tightens further – what it means for PMs

National vacancy tightens further to 1.0% as supply shortages persist, pushing rents up 5.9% annually and keeping pressure…

Industry News

Brisbane and Perth booms to come to an end in 2027

New analysis shows Australia's property market splitting in two, with rate hikes failing to cool the hottest capital…

Construction has lagged other industries in productivity for decades, but AI is starting to change that. Image: Getty
AI

Can AI solve the construction industry’s productivity problem?

AI is helping close construction’s long-standing productivity gap by improving coordination, reducing errors and enabling smarter project delivery.

Agencies need to prepare for the upcoming super changes. Photo: Getty
Industry News

Real estate agencies urged to prepare for the Payday Super countdown

With three months until the 1 July deadline, the ATO is urging agencies to check their payroll systems…

Australians are dipping into savings to cover rising rent, mortgage, and everyday costs, highlighting growing financial pressures on households. Image: Getty
Industry News

$85 billion savings drain: over half of Aussie raiding cash to cover rent, mortgages, and essentials

Over half of Aussies have tapped into their savings in the past year, with housing costs, everyday essentials,…

Western Australia has emerged as one of the strongest-performing housing markets. Image: Getty
Industry News

Two-speed housing market emerges as WA and QLD leave rest of Australia behind

Population growth outpacing new housing in WA and QLD underpins sharp divergence in home values

Industry News

NSW ‘Pre-sale Finance Guarantee’ set to accelerate hundreds of new homes

Government-backed scheme removes lender risk and fast-tracks construction across Sydney

Industry News

Federal Budget looms: 61% of investors may pull back amid tax shake-up

Survey shows 61% of investors could pull back or sell as CGT discount drops and negative gearing is…

Industry News

Luxury homes lead the way as top-end property markets heat up

High-end suburbs in Sydney, Adelaide, and regional hotspots are driving sales, showing that buyers remain willing to pay…

Industry News

Construction costs threaten housing affordability despite cooling prices

Ray White's chief economist warns rising building costs and renewed supply chain disruptions will worsen affordability, even as…

Commercial

Brisbane tops commercial yields as most markets see declines

Industrial yields tighten, retail remains highest-risk, and Adelaide posts biggest declines as Brisbane leads the pack.

Industry News

Homeownership intentions slip as more Aussies hit pause on buying

New survey data shows homeownership intentions falling across all age groups, with nearly half of aspiring buyers held…

People Moves

Hannah Gill launches Podium Property Management to help PMs build their own business

Podium Property Management launches with a model designed to let experienced PMs build ownership in their portfolios as…

People Moves

Blackstone’s Australian property chief steps down after a decade of deals

Chris Tynan oversaw a tenfold increase in real estate assets to $50 billion, including the record $24 billion…

Industry News

Home price growth slows as rate rises bite

National prices still climbing, but more than three-quarters of markets are losing momentum as affordability pressures mount.

Industry News

Westpac predicts cash rate surge to highest level since GFC

The bank's forecast of three more hikes this year puts it sharply at odds with other major lenders…

Industry News

Sunshine Coast leads regional migration as city exodus continues

New data shows capital-to-regional moves at second-highest level since the pandemic, with Brisbane now losing residents to the…

Industry News

Buyers stay cautious as auction market hits 2026 peak

Auction volumes hit their 2026 peak, but are buyers are becoming more selective amid economic uncertainty?

Industry News

Uncertainty is now the defining force in the property market

Inflation, geopolitics, and policy ambiguity are clouding the market; here’s what it means for buyers, investors and sellers

Industry News

Victorian Government approves 1,500 new CBD homes including 65-storey tower

Major Melbourne project adds density to the CBD as approvals rise but viability concerns remain. $495m tower moves…

Industry News

Investor borrowing jumps 64% amid tight rental market

A new report shows almost all investor sales in late 2025 turned a profit, with South Australia and…