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Apartment owners say Mascot Towers is on unstable ground due to 'loss of soil'

Tue, Oct 22, 2019, 06:11:43 AM

The owners of Sydney's troubled Mascot Towers claim new test have revealed a "loss of soil" under the apartment complex's…

Hong Kong unrest sees residents look to Australian property safe haven

Tue, Oct 22, 2019, 01:14:15 AM

Hong Kong's political turmoil and slowing economy are generating a spike in interest and sales in high-end Australian…

Mortgage interest rates are at record lows but there is bad news for borrowers

Mon, Oct 21, 2019, 06:00:10 PM

Australia's official interest rate is quickly approaching zero, but if you are in the market for a new home and have not…

Majority of new apartments worth less than purchase price, data shows

Sun, Oct 20, 2019, 06:47:28 PM

Shaky confidence in the capital city apartment market is hitting off-the-plan buyers hard, with a rise in the number of…

Calls to change strata laws after developer's wife's company given long-term contract

Sat, Oct 19, 2019, 10:43:04 PM

Laws that allow developers to appoint their relatives to long-term building caretaker contracts should be changed to better…

Ancient bones reinterred after being dug up during homeowners' earthworks

Sat, Oct 19, 2019, 06:41:54 AM

750-year-old Indigenous bones, discovered under a house on the New South Wales mid-north coast, are returned to the place…

Australia's household debt is the second highest in the world — and it's changing how we live

Thu, Oct 17, 2019, 07:00:00 PM

Australians are some of the world's most indebted people. We know it, we worry about it, and there is increasing evidence…

'The pressure is real': Subcontractor forced to lay off workers amid pay dispute

Thu, Oct 17, 2019, 02:25:57 AM

A South Australian business says it's been forced to lay off workers because of almost $200,000 in unpaid bills, amid…

Housing downturn will be a larger-than-expected drag on economy, RBA warns

Wed, Oct 16, 2019, 11:56:22 PM

Not only is the property downturn hitting household consumption, it's also a big drag on economic growth and likely to…

'You retire on three times the amount of money': Renting may not be so bad after all

Wed, Oct 16, 2019, 05:10:01 AM

As interest rates fall and house prices surge again, is renting a better long-term option? We asked a few experts to find…