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News
The wealth building rules have changed. Why young Aussies should turn their back on property
2+ hour, 47+ min ago (1242+ words) Before turning 30, Tim Abbott made what for most Australians has been a great financial move. He purchased an inner city apartment in Sydney to call home. "When I settled on the apartment in March 2022, I had a huge sense of…...
Aussie states ramp up modular housing push as governments, Bunnings eye delivery of cheaper apartments
21+ hour, 19+ min ago (532+ words) Modular homes are popping up in regional Victoria with more residents set to move into the innovative new-builds. The state government says it's ramping up the delivery of modular homes that are built in a factory and transported throughout Victoria…...
Kmart dumps hated checkout feature as it begins major overhaul of stores: 'We've listened"
4+ week, 1+ day ago (578+ words) Kmart is overhauling the layout of stores across Australia and ditching one controversial checkout feature. The new refurbished stores will now feature cash registers at the front of the store, rather than in the centre, following customer feedback. The retail…...
Major stake in Melbourne Airport up in the air
2+ mon, 3+ week ago (455+ words) A leading property investment firm will be forced to sell a major stake in Melbourne Airport after it leaked confidential business information to buyers. In 2024, the firm tried to find buyers for some of its shares in the corporation through…...
Aussie state mulls major change to cost of public transport after free month trial
4+ mon, 4+ day ago (598+ words) As petrol prices surged in March, state and federal governments moved to ease the pain for motorists. Victoria was among the jurisdictions that made public transport completely free. The free public transport relief is set to expire at the end…...
Aussie city defying property trend as 100,000 people flock to live there: ‘Sweet spot’
4+ mon, 1+ week ago (401+ words) Australia’s population is growing, and our house prices are rising. Everyone knows the story by now. But zoom in. The big picture is dark, but it has bright spots. And the brightest spot, arguably, is in Melbourne. This next chart…...
New rental rule in Aussie state to tackle hated real estate practice: ‘Widespread issue’
4+ mon, 1+ week ago (484+ words) Landlords and real estate agents in New South Wales will soon be forced to declare when they’ve used artificial intelligence to edit pictures in rental ads. Rental advocates are calling for other states and territories to follow the state’s lead,…...
Comedian trapped in rental ‘house of s**t’
4+ mon, 3+ week ago (404+ words) One of Australia’s most prominent comedians has revealed her dire living situation in a shoddy rental property. Judith Lucy posted a video to social media about her living arrangements, which left her trapped inside her home for days when the…...
‘Challenging’: Brutal reality for these Aussies
5+ mon, 4+ hour ago (341+ words) Rental affordability has slumped to a record low as the price of securing shelter surged twice as fast as incomes rose. According to the REA Group rental affordability report, Australians earning the median salary of $124,000 can afford just 37 per cent…...
Ugly truth of slowing Aussie housing market
5+ mon, 3+ day ago (657+ words) Rising interest rates and cost-of-living pressures are starting to impact the housing market, but in a cruel blow for would be homeowners, it is unlikely to help them get onto the property ladder. Following the Reserve Bank of Australia’s back-to-back…...