Property market news

RBA Governor calls on banks to help post-COVID-19 recovery

Reserve Bank Governor Philip Lowe has called on Australia's banks to not be afraid to lend, as Australians begin to move out of COVID-19 restrictions.

By William Jolly ● May 21, 2020

Government pushed to introduce $50k grant for buyers of newly-built homes

Australia's peak property body is lobbying the government to provide a $50,000 grant to buyers of newly constructed dwellings.

By Dominic Beattie ● May 20, 2020

Should you withdraw from your super during COVID-19 to buy a home?

COVID-19 might have wreaked havoc on the economy, but for those looking to enter the property market, one of the government’s relief measures could provide a silver lining.

By William Jolly ● May 19, 2020

The Australian property market decade in review

A new report has lifted the lid on the decade that was for the Australian property market.

By Alex Brewster ● May 18, 2020

Coronavirus to cause apartment construction to plummet: JLL

Housing demand is set to plummet this year, and the construction of apartments in particular is set to suffer, according to new research.

By William Jolly ● May 13, 2020

Commbank: Coronavirus fallout could see house prices drop 30%

Australia's biggest bank said the economic fallout from COVID-19 could see house prices drop up to 32% in a worst case scenario.

By Alex Brewster ● May 13, 2020

Are rent reductions covered by landlord insurance?

If you’re offering a rent reduction to a tenant suffering hardship from COVID-19, you might be wondering whether you can claim that on your landlord insurance policy.

By William Jolly ● May 12, 2020

Sydney, Melbourne and Brisbane see massive spike in rental vacancies

CBDs and holiday spots have been hit hard by COVID-19 lockdowns, with rental vacancies surging nationally.

By Alex Brewster ● May 12, 2020

Banking royal commission overhaul delayed due to coronavirus

The federal government has hit pause on the implementation of the banking royal commission recommendations for six months due to COVID-19.

By Emma Duffy ● May 08, 2020

House prices to drop up to 15% in Sydney and Melbourne, banks say

Australia's strongest housing markets are set to be hardest hit by the coronavirus pandemic, with NAB and ANZ predicting double-digit price falls.

By Emma Duffy ● May 08, 2020

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