The REIQ says it is noticing more subdued letting activity despite a tight rental vacancy market. Photo: Ivan Samkov/pexels Queensland’s rental market is continuing to squeeze from falling vacancy rates amid signs of letting fatigue, according to the latest industry report. The latest report from the Real Estate Institute of Queensland (REIQ) shows that during…
The NSW Government is now starting the process of fast-tracking new housing projects. Picture: ANDREW KACIMAIWAI THE NSW Government’s new Housing Delivery Authority (HDA) says it now has 29 project proposals for more than 15,000 homes in line for fast-track approval. The authority has met twice so far this year, according to government. In its…
Legal Aid NSW says living and housing pressures have driven an increase in demand for their services. Photo: stock Demand for legal aid in NSW is increasing even as cost-of-living and housing pressures continue to rise. Legal Aid NSW says new figures show almost 4500 people a year are seeking help from them to deal with those…
Photo: supplied Developers could be fined under proposed greater protections for off-the-plan buyers that is being considered by the NSW Government. And government is seeking public feedback on the off-the-plan reforms that could prevent lengthy delays that leave new homebuyers out of pocket. The government says that 5 per cent of 180,000 residential purchases in…
Photo: stock The federal government is to spend $50 million on housing and public infrastructure projects in Far North Queensland. Almost $25 million was allocated under the Housing Support Program package to boost social housing numbers and build infrastructure and amenities such as roads, stormwater drainage, earthworks and utility connections. Five housing projects were also…
Photo: ANDREW KACIMAIWAI MAJOR residential developers can now bypass local councils after the NSW Government’s Housing Delivery Authority (HDA) started operations on Friday (December 20). The Authority will speed up the assessments of major residential projects by bypassing council approval through a State Significant Development (SSD) pathway. The criteria by which Expressions of Interest (EOI)…
Picture: stock The federal mid-year budget fails to address the housing crisis with a great deal of work still needed, says Homelessness Australia (HA). HA says the latest official data shows that 109,557 people had sought help to find long-term housing in 2023-24 with just 4937 finding a home. There has been a 15.7 per…
The REIQ has welcomed the move to allow new homeowners to sub-let rooms. Picture: stock Restrictions on new homeowners sub-letting rooms in Queensland have been wiped by the state government. And the move has been welcomed by the Real Estate Institute of Queensland (REIQ). As of Saturday, first home buyers can rent out a room…
Picture: ANDREW KACIMAIWAI Can’t buy, can’t rent: The Sydney housing market is fast becoming out of reach for essential workers and their families. A new report from the Property Council of Australia says workers like teachers, nurses, police and childcare workers have been priced out of Greater Sydney. Property Council of Australia NSW Executive Director…
Picture: stock The NSW Government has set up a new Housing Delivery Authority to bypass local council approval and fast-track approval times for new housing projects. The government says the new approvals process will take effect early next year and apply to new developments worth more than $60 million (100 or more homes) in Greater…