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The Latest Breaking News on Real Estate

Deals beyond 'baseline' pay rise could fuel budget pain

Several unions want worker pay packets to rise beyond the NSW government's offer, but critics warn going further could hurt the budget for years.

AAP

What’s next for interest rates? Even RBA governor Michele Bullock admits she doesn’t know

The central bank’s latest statement has some wondering if another rate rise is on the cards – but Bullock says the situation is ‘complex’

The Guardian - AU

Fable 4 better have real estate mechanics so I can buy giant Richard Ayoade's house once I've defeated him

Opinion | Fable has a few iconic cornerstones, and I hope Playground Games keeps property ownership as one of them

GamesRadar

From analysis to the latest developments in health,
read the most diverse news in one place.

Scottish city revealed as top UK target for Middle East property investors

EDINBURGH has been revealed as the top UK target for Middle East property investors, according to industry experts ...

The National (Scotland)

Beware of Unsolicited Offers to Buy Your Property

If someone makes an offer on your property out of the blue, be careful. Sometimes these people are counting on you not knowing your property's value and will offer only a fraction of its worth.

Kiplinger

This is what every first-time buyer needs to know – according to property experts

Here’s how to get on the front foot of the housing ladder. By Sam Wylie-Harris.

The Independent UK

NSW state budget 2024: 30,000 new homes pledged amid ‘unprecedented intervention in housing market’

Housing is at the centre of an otherwise restrained state budget

The Guardian - AU

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Newy Studio's purpose-built space makes a splash in the creative scene

Big names have booked the space for podcasts and photos.

Newcastle Herald

As the Battle Over Royal Lodge Rages On Between Brothers King Charles and Prince Andrew, Andrew Is Bringing In a “Secret Weapon” to Help Plead His Case

The fight over possession of the 30-room mansion on the Windsor Estate has dragged on for 18 months and counting.

Marie Claire

Secure Your Portfolio With These 3 High-Yield REITs

Given the consistent stream of dividend income that REITs provide amid rising prices, they are usually an attractive option for investors. Therefore, it could be wise to explore investments in robust REITs such as Ladder Capital (LADR), Alexander's (ALX), and Chimera Investment (CIM). Keep reading….

StockNews.com

Debt-free borrowers earning $100k struggle to secure a 500k loan in Newcastle

'Every rate rise equates to around $20,000 less that you can borrow'.

Newcastle Herald

Rates on hold yet inflation risks remain on RBA's radar

The threat of inflation has not been neutralised and the Reserve Bank is still prepared to pull the trigger on another interest rate hike if needed.

AAP

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become “the most toxic issue” in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing – a finite resource in high demand at a time of crisis. Throughout Europe, housing shortages have become political battlegrounds, easily exploitable by right-wing,…

The Conversation

Treasury, IRS To 'Close Major Tax Loophole' To Bring $50 Billion In Government Coffers

The plan will focus on "related party basis shifting," which is typically used by related parties to increase deductions on assets or reduce future gains, thereby lowering the tax liability of the entities involved.

International Business Times

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International Business Times

China's Property Sector Remains Lifeless And Factory Output Shows Dismal Performance

China's property market showed worrisome inactivity while factory output fell short of expectations.

AAP

Home-building surge in tight budget of 'must-haves'

Record spending on social housing has headlined the Minns government's second budget as the NSW treasurer blames GST changes for rolling deficits.

Evening Standard

London house prices remain flat — but can you guess the borough that's seen a 10% increase?

Rightmove’s index of asking prices reveals the latest trends, as house prices start to rise once more

The Guardian - UK

China new home prices drop at fastest rate in nearly a decade

Property glut holds down prices despite government attempts to revive market

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news in one place.

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Kiplinger

Cost Segregation: Six Real Estate Businesses That Can Benefit

By conducting a cost segregation analysis, property owners and others could find building components that could be depreciated, leading to tax savings.

The Independent UK

China keeps lending rate unchanged as data show housing market is still struggling

China has kept a key lending rate unchanged despite signs of continued weakness in the second-largest economy's manufacturing and the property sectors

The Guardian - UK

UK house prices remain near record high with little sign of election impact

Rightmove says demand from buyers up 5% with caution detected only among would-be sellers at top of market

The Independent UK

Here’s how much the average price of a home dropped by in June

Some potential sellers appear to be ‘watching and waiting’ as General Election approaches

AAP

Renters could be hit in $1.5b 'sneaky' budget tax hike

Landlords, holiday-home owners and businesses could be hit with higher taxes in the NSW budget, while $200m has been set aside for homes for regional workers.

The Guardian - AU

Yimbies welcome Labor’s plan for more housing in Melbourne and Geelong but question priorities

Strategy could deliver 2.5m new homes – and Jacinta Allan doesn’t rule out forcing councils to hit targets

AAP

RBA likely to hold rates as price pressures loiter

The Reserve Bank of Australia is expected to hold interest rates at 4.35 per cent and keep its options open on its next move.

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