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Poor new home sales data shows ‘housing shortage not solved’

DESPITE a small increase in September, new home sales are at their lowest quarterly level in 18 months, according to the Housing Industry Association. New home sales showed a 3.4 per cent increase last month but fell by 17.5 per cent in the September quarter, reversing the recovery that commenced in 2025. The HIA New Home Sales report is a monthly survey of the largest volume home builders in the five largest states and is a leading indicator of future detached home construction. “The recovery in new home sales that followed the interest rate reductions in 2025 has now reversed, with

Unemployment rate climbs to 4.7 per cent in September

Jobless jump turns down heat on RBA, but not completely

New survey shows construction costs ‘main barrier to home supply’

Government misses the mark with new housing bill

Mortgage demand slump deepens despite price drop

New plan to ‘energise’ state’s superannuation schemes

Stagnant wages growth to ease RBA’s concerns

RECENT pay rises and inflationary pressures have not translated into sustained wages growth, according to a new report from the Commonwealth Bankthe latest CommBank Wage and Labour Insights

FUTURE retirement villages will be protected after the Federal Government makes changes to negative gearing reforms. According to the Retirement Living Council, the original draft legisl

Dual funding invests in urgent infrastructure

A BILLION dollar investment in vital infrastructure is set to fast-track delivery of thousands of homes across Queensland. The Federal and Queensland Governments are calling on developer

AS Australian property prices slump nationwide, regional homeowners can take solace that their assets have outperformed those in the big smoke over the past year. In the year to Septembe