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Housing Construction Industry

Developers are approaching areas mooted for rezoning. What should you do if you're made an offer?

With more than 30 locations in Sydney potentially set to be rezoned for higher density housing, developers are reportedly approaching residents and offering to buy their homes.
High-rise apartments in a city

Mascot Towers ordeal close to end after five years as multi-million payout deal agreed for unit owners

Residents of the uninhabitable complex in Sydney will still incur major losses, but the deal will provide some resolution nearly five years after cracks were discovered in the building.
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a big building with balconies

The price gap between houses and apartments is at a record high. Does it mean units are undervalued?

Data from CoreLogic shows the price difference between houses and apartments has widened to a new record as land values rise, a limited number of freestanding houses are being listed to purchase, and people desire more living space.
A bird's eye view of unit blocks and apartments with the ocean in the background on a sunny day.

analysis:How a tax policy from a bygone era could result in the death of affordable housing

Our political leaders have shied away from confronting negative gearing, but encouraging ownership of multiple properties ensures house prices remain out of reach for the next generation, writes Ian Verrender.
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an outside view of a row of houses

Amid the rental squeeze, this community is 'thinking outside the square' for dwellings

The rental crisis is so dire in this South Australian town, a local real estate agent is asking the community to get creative to help add stock to the market.
A woman in a red shirt standing outside a shop.

Will Brisbane property prices keep surging? Here's what the experts say

Brisbane property rose by 1 per cent in January, which has caught many people by surprise. Buyers, not so much — they say many places are selling almost as soon as they hit the market. 
Brisbane sign at South Bank in Brisbane inner-city.

Construction workers call for heat stress code after Cross River Rail labourer's death

Thousands of construction workers gather outside state parliament to demand the resignation of Industrial Minister Grace Grace amid ongoing concerns about heat stress on worksites.
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An image of construction workers in high vis workwear marching with flags in Brisbane outside parliament

Multimillion-dollar construction projects remain in limbo after St Hilliers' voluntary administration

The Australian company's construction arm went into voluntary administration this month, with work on 21 development projects grinding to a halt and no guarantee they would resume.
Artist impression of proposed tower development.

'Tipping point' for house designs as homebuyers seek climate-proof comforts

Architecture expert Anthony Burke says the fallout of climate change has "landed squarely in the living room of the average Australian", and that's dictating new home designs.
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A father and his two daughters and son stand in front of a home on an overcast day.

Hopes blue gum plantations could help slow the decline of Australia's timber reserves

Hundreds of blue gum plantations growing across Western Australia could go from paper pulp to high-rise supports as experts look to unlock a vast native timber supply.
a woman in a hat counting seedlings

Construction slows despite housing shortage as interest rates and cost of living hit hard

Despite a widespread housing shortage, new home builds have dropped significantly since COVID, as the construction industry calls for government reform.
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Tradies work on the roof frame of a new home under construction.

How high is too high? Small towns fear multi-storey apartment blocks will change them forever

Millennials moving to regional towns are part of a "societal shift" and they're not interested in buying big blocks with big backyards. But they do need to live somewhere.
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An artist's impression of a 5-storey apartment block on the corner of an intersection.

Seven months after passing Tasmania's parliament, laws giving protection to home owners are still not in force

Sonia and Kevin shared the heartbreak of being left with an incomplete home full of defects. Their story was one of the reasons the Tasmanian government drew up new laws — but seven months after those laws passed parliament, they are yet to be implemented.
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Dodgy build

Couple loses thousands on renovation after 'dodgy' unregistered builder's work found to be full of defects

A young family in Victoria's east has spent $70,000 on a house they may have to demolish after an unregistered builder's work is found to be non-compliant.
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A man in shorts and tee and wearing a hat, black beard, thongs, stands in front of a half finished house.

'Lucky' tenant says public housing saved his life and countless more as questions raised over $10 billion fund

There are an estimated 175,000 households on social housing wait lists across Australia. Those caught by the safety net hope renewed government attention can help to ease the crisis.
A portrait of a man wearing glasses and a red t-shirt

Union says property price gougers to blame for housing crisis, not overpaid tradies

The CFMEU hits back at accusations tradies' wages are pushing up construction costs, pointing the finger at developers and real estate corporations for the housing crisis.
A man at the centre of a flag waving crowd sits on people's shoulders cheering

Economists tip house prices to double in some suburbs ahead of Brisbane 2032 Olympics

Drawing from research data relating to previous Olympic Games in Tokyo, Sydney and London, an economist says house prices in Brisbane suburbs that hold key events in 2032 are likely to be pushed beyond the budget of locals.
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A man and two kids

analysis:Is it time to stop rewarding landlords who can't make money?

There are two things the prime minister needs to get into his head about tax. One is that saying he won't make any further changes no longer works. The other is that negative gearing doesn't do much to get people into homes, writes Peter Martin.
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A drone shot of a new housing estate, with houses stretching as far as the eye can see

Real estate lobby blames high-paid union tradies for housing shortage in Queensland

Queensland's real estate lobby says people are too afraid to point out that unions are driving up the cost of housing, but an economist says that while wage growth is a contributing factor, so too are growing material costs, labour shortages and excessive government regulations.
Close up of house under construction, frame and windows, no walls, no workers in shot.

Builders are waiting 'absurd' amounts of time for approvals, so councils are turning to AI

As people reportedly wait months just to get approval to build sheds and signs, councils across NSW look to jump on board an artificial intelligence program that aims to revolutionise the development process. 
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A middle-aged man in an orange hi-vis shirt standing in front of a construction site.

analysis:Buying a renovated home? You could be up for an extra 10 per cent GST, but it's a grey area

If you're buying a home that has been "substantially renovated" you may have to pay GST. The problem home buyers face is that what qualifies as a "substantial renovation" is uncertain, writes Christine Peacock.
Two-storey white house.

Millions of home owners made $3,000 in January but probably didn’t notice

It seems there's no stopping the march forward in the Australian property market, with housing prices expected to continue to rise by about 6 per cent in capital cities through 2024.
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housing estate shot from a drone

'Strong rooms' recommended for all North Queensland homes after two tropical cyclones in two months

With only 12 public cyclone shelters across Queensland, a leading design engineer recommends more people should consider building dedicated rooms in their homes.
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A graphic drawing of a small room which has reinforced walls

Couple calls for changes to sunset clause laws after contract for dream unit terminated by developer

Julia and Matthew Mooney thought they'd be celebrating the new year in their new unit on Queensland's Sunshine Coast. Instead, they're back to square one in their property search.
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A man and woman standing in front of a unit construction site

The gap between house and unit prices has reached a record high, as values keep climbing

House prices are on track to rise across the country, propelled by renters and migrants wanting to buy their own homes and buyers trying to get in ahead of interest rate cuts expected later this year.
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young couple put sold sticker on billboard of their newly purchased home.