The foundations of home ownership are being shaken

Rising house prices are destroying the Australian dream of home ownership, with consequent effects for welfare and financial independence in old age.

ACCC slams opaque mortgage deals

An interim report by the ACCC has found the opaque pricing of discounts offered on residential mortgage rates makes it difficult for customers to make informed choices and penalises borrowers who stick with the same lender over time.

116,000 people were without a home on Census night

More Australians are living on the streets, with 15% of recent migrants without a home to call their own. The homeless rate has increased 4.6% over the last five years, according to new data from the 2016 Census of Population and Housing.

Re-imagining Australian housing affordability

Building an extra 50,000 homes a year for a decade could leave Australian house prices 5 to 20% lower than they would be otherwise, and stem rising public anxiety about housing affordability, according to a new Grattan Institute report

Solutions to Australia’s housing affordability woes

Housing affordability continues to be a key issue in Australian cities. Founding Director of BeFinancial and CPA ‘changemaker’ Derek Grima looks at action that government and individuals can take to face ongoing housing affordability challenges.

Time to get creative to solve housing affordability

John Cunningham, President of the Real Estate Institute of NSW, says we urgently need an equitable housing model for first homebuyers, retirees and essential service personnel.