Other state governments, in particular NSW, will be watching Victoria closely to see whether this initiative will have the reverse effect by increasing demand for housing when supply simply can't keep pace.
Forget stamp duty concessions for first-home buyers. The answer to the housing affordability issue could be a tax break for empty nesters aged over 70.
A survey has painted a bleak picture of the rental market, with tenants reporting discrimination and poorly maintained properties. But renters have rights.
CBA will suspend new lending for investors looking to refinance as part of a crackdown on investor lending, believed to be behind housing's rapid growth.
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