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Construction and Real Estate Industry

Concerns over 'shocking projects' sees NSW construction watchdog expand beyond Sydney

With more than 4,000 active construction sites, the Illawarra will become home of the NSW Construction Authority's newest compliance team.
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Six people standing in highvos outside a building site.

Property prices, inflation rising as pressure mounts on Reserve Bank to hike interest rates

Australian property prices are expected to increase by as much as 5 per cent in calendar year 2024, according to the June PropTrack Property Market Outlook Report.
Aerial shot of dozens of houses in neat rows in a new outer-suburban housing estate.

Home owners selling up and making hundreds of thousands of dollars

Australian property resales reached their highest rate of profitability since July 2010 in the first quarter of the year, according to a new report from CoreLogic.
a house for sale in the brisbane suburb of stafford with the sale sign in the front yard

Buyers snap up houses sight unseen in rural city set for hydrogen-fuelled future

With a $593 million hydrogen plant on the way, sales activity in Whyalla's housing market is on average double compared to its regional neighbours. 
A landscape view of trees and homes at Whyalla

'Leading with a stick': Victoria's stronger minimum rental standards raise concerns

A property lecturer says while the changes could lead to a more equitable quality of life, they also may lead to investors choosing to swap from long-term leases to short-term accommodation.
for lease sign with leased sticker

More than a year after their builder went bust, hundreds of Victorians are still waiting for their insurance payouts

More than 700 Victorians have waited more than a year for their claim to be resolved by the state-run insurer, prompting calls for the ombudsman to investigate.
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Construction site for a Porter Davis new home

It's been four years since this Victorian family's builder fled the country. Their home is still not finished

Multiple families say their dealings with the Victorian Managed Insurance Authority have been worse than the collapse of their builder. 
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Siddarth stands behind Chetna with his hand on her shoulder as they both look out the window of their partially built apartment.

This planned luxury resort is endorsed by an Aussie celebrity, but do the residents of a relaxed, beachside city want it?

The coastal city of Hervey Bay, a three-and-a-half hour drive north of Brisbane, is known for being a popular retirement location, whose residents enjoy a slower pace of life. But that could all change if plans for a $400 million, 21-storey resort are approved. 
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An artist impression of two large 21 storey towers

Years after Baryulgil's asbestos mine closed down, a deadly legacy remains with the people of this land

In north-eastern New South Wales lies the small town of Baryulgil, where the remnants of an asbestos mine have drilled deep into the core of the community.
Image of a man kneeling on the ground with mounds of asbestos tailing waste around him. He is wearing a white singlet.

Housing is 'impossibly unaffordable' in Sydney, Melbourne and Adelaide, and 'severely unaffordable' elsewhere

A study ranking nearly 100 cities in eight countries places Sydney, Melbourne, Brisbane, Adelaide and Perth among the world's least affordable cities to buy a home.
Aerial shot of dozens of houses in neat rows in a new outer-suburban housing estate.

Over $20m in value stripped from homes in Brisbane estate after 'unprecedented' heritage listing introduced

The residents of War Workers Housing Estate in Moorooka have been fighting a temporary heritage listing that was placed over 180 homes in 2022, while council worked to make the overlay permanent.
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A creaming house with a small yard.  A sign in the yard says it is against heritage protections.

Rental crisis sees regional businesses providing homes and hotels for workers

Businesses in regional Western Australia are calling for increased housing availability as employers and community groups look to build accommodation to attract staff. 
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A woman in a blue shirt and dress pants stands in front of a mechanics workshop

$250m luxury marina development near Great Barrier Reef collapses, leaving buyers in limbo

The Gateway Marina on the edge of the Great Barrier Reef has gone into liquidation owing millions of dollars to creditors, while investors wait to see what happens next.
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an artist's impression of a marina

The Block and Grand Designs have nothing on the RBA's billion-dollar renovation horror show

Renovating the Reserve Bank's headquarters is increasingly looking like a disastrous episode of home building show Grand Designs. The key difference? The budget for the horror reno is now north of $1 billion.
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RBA reno 1

House prices surge in SA's biggest regional city but construction of new homes slows

Mount Gambier has one of the quickest-growing housing markets in Australia, but concerns over water and sewerage infrastructure bring new home builds to a standstill.
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An aerial photo of a large grassy, tree-lined cliff sloping into a large blue lake, rows of houses and roads behind it.

'No regrets': Owners of iconic Brisbane mansion reveal results of mammoth restoration

The mammoth task of restoring Lamb House to its previous brilliance went millions of dollars over budget and finished years after it was expected to. But, its owners say they have "no regrets".
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A wide landscape shot of a large federation-era mansion at sunset. A garden, large tree and sloping driveway in the foreground

'Don't go into it blind': Small business owners like George are in turmoil after taking on loans they can't afford

More small business owners are falling prey to online "predatory" lenders offering them quick cash. Some business owners are in such extreme financial strife that they have been forced to sell their family home.
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a man sits in an office with truck pieces on the floor

'I wonder if they understand the carnage': Landlord loses thousands in bid to evict tenants on expired lease

A Queensland landlord says he has been left thousands of dollars out of pocket trying to evict renters who refused to leave after their contract was up, delaying the sale of the house.
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A picture of a home with a for sale sign out the front.

GJ Gardner Homes founder starts work on $12m mansion in Noosa hinterland, modelled on a French chateau

It will have eight bedrooms, 10 bathrooms, 14 car spaces, a ballroom, two wine cellars, two lifts, and have room for a dining table that seats 22.
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A man standing in front of a huge home

'Not the biggest house, but we love it': Transforming a 120yo church into a family home

Former churches are being given a new lease on life as homes and holiday accommodation, as places of worship close their doors and are sold.
Picture of the interior of a renovated church.

Property watchers say crime, high interest rates driving down Alice Springs house prices

The Real Estate Institute of Northern Territory southern region delegate says the supply of residential housing is outstripping the demand as people leave town thanks to safety concerns.
an overhead shot of a town in the desert

NSW Building Commissioner David Chandler set to step down

David Chandler says he will not seek to extend his appointment when his term expires in August this year.
Man in orange hi-vis and hard hat having a conversation with a reporter.

'Vomited in the street': Home buyer opens door to disgusting mess after online purchase

A family who bought a home in regional Victoria without seeing it in person say they have been cleaning for a month but can't live in it because of its vile state.
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out of focus women's hair looking at a red roof, beige weatherboard home with empty yard

The Superjesus launched themselves at Adelaide's Crown and Anchor. They're joining thousands who want it saved

For 171 years Adelaide's Crown and Anchor has stood as a site of history and music. Now the battle is on to save the venue from big developers.
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People protest outside state parliament.

'I want the best in my backyard': Why generations don't see eye to eye on boosting housing supply

Property prices surged once again in April due the ongoing shortage of housing and rising demand. Could the rise of the YIMBY — or the "yes in my back yard" — movement be the solution to boosting the supply of affordable housing?
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an outside view of a row of houses