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Probe to begin into contentious real estate method

THE NSW Department of Fair Trading has launched an investigation into deposit-flicking after the state’s peak body and a petition by conveyancers urging a crackdown on the controversial practice. Deposit-flicking, where a real estate agent transfers a buyer’s property deposit to a third party until settlement, has been labelled by conveyancers as a financial risk to buyers and a breach of professional obligations. Concerns have been raised that the practice was an attempt to bypass AML/CTF law reform responsibilities. In a statement, NSW Fair Trading said it was aware of “concerns ra

Decline in home sales highlights market uncertainty

Home investors blindly walking into new-build contract risk

Positive signs when expectations of RBA are anchored

Budget changes have effected national property sentiment

Big boost to fast-track council development approvals

Home-building costs rise but not as much as feared

Owning your own home may not be a pipedream

THE Australian dream of owning your home may be alive and well, according to a new report. Since 2021, nearly 600,000 Australian households have become owner-occupiers, new analysis by

More is needed to meet social housing targets

LESS than four per cent of the social homes promised by the Albanese government’s signature social housing fund have been delivered, two years into a five-year target period. As of

DESPITE a nationwide slowdown in property prices, Perth remains a residential hotspot with annual growth nudging 24 per cent. Median home values in the Western Australian capital are ove

HOUSING needs to be the main priority despite a government move to create data centres around Australia, according to a peak industry body, The Housing Industry Association has welcomed