Building Ministers need to 'maintain momentum' on compliance, says Property Council
The Property Council of Australia has urged the country's building ministers to continue the momentum on building regulation compliance and enforcement to deliver better outcomes for property owners and tenants.
Combined capital city clearance rate expected to reach highest point since May 2017
The final weekly clearance rate for the combined capital cities is expected to hold above 70 per cent for the first time in more than two years, according to the latest data.
More Australians seeking space this spring: research
New research from Westpac has shown the proportion of Australians considering upsizing has nearly doubled since last year, while more than half are feeling more confident about the state of the property market.
Housing market could help balance out future risks for economy: RBA
Reserve Bank Deputy Governor Guy Debelle has identified positive change within Australia's housing market as a potential offset for future risks to the country's economy.
'People need to take responsibility for their own actions': REIWA President praises Westpac decision
Real Estate Institute of Western Australia President Damian Collins has come out in support of the decision to dismiss legal action against Westpac from the corporate regulator, describing it as a "positive for lending".