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Housing

NSW Productivity Commission finds Sydney sprawl costs taxpayers $75,000 more for new homes than inner city development

by Peter Abrahams
NSW Productivity Commission finds Sydney sprawl costs taxpayers ,000 more for new homes than inner city development

Inner-city councils will not be penalised into meeting housing targets despite the high taxpayer burden of mass building on outer-suburban fringes. The NSW government wants to shift more residential development …

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Australian households facing home insurance affordability stress as premiums jump following floods and supply chain issues

by Adam Aitken
Australian households facing home insurance affordability stress as premiums jump following floods and supply chain issues

Many households are on the verge of abandoning their home insurance policies, as new research has found about 1.24 million Australians are facing insurance affordability stress. It comes off the …

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Here’s how much unexpected emergencies can cost you

by Francesco Algarotti
Here’s how much unexpected emergencies can cost you

Picture this: You come home after a long day. As you approach your front door, you reach for your keys — but don’t feel them in your pocket. You quickly …

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Apartment rents on verge of declining due to massive supply

by Adam Aitken
Apartment rents on verge of declining due to massive supply

Apartment rents have been cooling off sharply for several months, and they look like they’re about to go negative compared with a year ago. Rents in August were just 0.28% …

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Big San Jose office project could be converted to housing highrise

by Claribel Alegria
Big San Jose office project could be converted to housing highrise

SAN JOSE — A big office tower that’s proposed for a choice site in San Jose could morph into a housing highrise, the project’s principal developer says, a fresh indicator …

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Traffic concerns prompt board to kick Seeno housing proposal back to staff

by Francesco Algarotti

It all came down to traffic. After almost five hours of discussion on a longtime plan to erect nearly 300 homes in northwest Brentwood, the city Planning Commission punted the …

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Reserve Bank of Australia reveals September decision as Philip Lowe prepares to hand governor duties to deputy Michele Bullock

by Adam Aitken

Mortgage holders can breathe a sigh of relief with the Reserve Bank of Australia holding steady on interest rates for a third consecutive month. But the outgoing governor has warned …

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