Inflation raised the cost of living across four household types in the June quarter, with higher transport and food costs the biggest contributor, statistics show. The Australian Bureau of Statistics’ Living Cost Indexes, released on Wednesday, showed the cost of living for employees and self-funded retirees...
Australian investors are putting their own money into housing people struggling with homelessness, and it’s proving an effective way to tackle the crisis, researchers say. South Australia has served as a test case for the country’s first social bond targeting homelessness. Many who’ve gone through the program...
A downswing in housing prices is being led by sharp declines in Sydney and Melbourne, with values dropping in five of the eight capital cities. Dwelling values fell 1.3 per cent nationally in July, marking the third consecutive monthly drop, according to CoreLogic Data. Prices have dipped...
The great Australian dream of home ownership is being realised by fewer young people than it was half a century ago. Data collected in the latest Census shows the home ownership rate of people aged 30 to 34-years-old sat at 50 per cent in 2021, a...
The federal government will extend the life of the so-called gas trigger until January 2030 as it seeks to shore up supply for the domestic market following the release of a “damning” report. Following the regulations being put in place to extend the Australian Domestic Gas...
It’s hoped Fraser Island will follow the lead of Uluru and only be known by it’s Indigenous name, as the Queensland government flags an official name change. The proposal will take a step forward this week as two months of public consultation begin, Resources Minister Scott...