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  • Why the First Dwelling Proprietor Grant has failed as a housing coverage

    If Victoria decides to scrap the primary First Dwelling Proprietor Grant (FHOG), it’ll finish a populist coverage that solely serves to “warmth up” the housing market, in line with specialists. Dr Michael Fotheringham, managing director of the Australian Housing and City Analysis Institute (AHURI), mentioned elevating costs is the legacy of the FHOG scheme. “The…

  • Working from dwelling wrestle steps up

    The working-from-home arm wrestle between employers and staff has intensified – and neither aspect desires to again down. Extra bosses need their employees to again on website as of late, but it surely appears many staff would favor to proceed working from their houses. It’s estimated solely 39 per cent of all jobs might be…

  • Dozens of households lose out in collapse of residence builder Bentley Properties

    Dwell Dozens of households are in limbo or out of pocket after a Melbourne-based residence builder collapsed. Bentley Properties slid into liquidation on Friday, catapulting clients and collectors into an anxious anticipate information. Crouch Amirbeaggi Insolvency Providers liquidator Timothy Holden on Monday revealed the corporate owed an estimated $1.6 million to commerce and related-party collectors.…

  • ‘Mortgage stress’: New dwelling homeowners squeezed hardest as repayments skyrocket

    Many new dwelling homeowners might see half their incomes consumed by mortgage repayments in coming months because the Reserve Financial institution pushes by way of rate of interest hikes to curb inflation. Figures printed by Canstar on Monday revealed somebody who purchased a house on the nationwide median worth of $818,000 in April 2022 might…

  • Dwelling purchaser borrowing sinks 2.9 per cent in April

    Stay Dwelling purchaser lending has dropped off once more as larger rates of interest proceed to suppress demand for housing. The two.9 per cent month-to-month fall in new dwelling commitments adopted a 5.3 per cent uptick in housing-related borrowing in March. The worth of owner-occupier lending fell 3.8 per cent, to $15.4 billion, whereas investor…

  • Woolworths costs forward as dwelling supply fleet goes electrical

    Sydneysiders who order dwelling supply from Woolworths in coming weeks would possibly see an electrical truck arrive at their doorstep. Australia’s largest grocery store has added 27 electrical autos to its supply fleet of greater than 3000 autos, with chief govt Brad Banducci saying the corporate goals to affect all its vans by 2030. “Our…