housing affordability

When should adult children move out of home? This is a question that parents often grapple with. There are many reasons why adult kids are living at home longer than any other generation. Even before COVID-19 "boomerang" adult kids were returning to ... More

In one of the most significant Federal Budgets in recent memory, the government has introduced some important changes designed to support the property market and maintain a robust investing climate. But for the average investor, what does it all mean? ... More

There is a long-held maxim in the property market to "sell in spring". But is it true, and does it apply during this year's pandemic? The saying stems from the belief that when the sun comes out, buyers are about. "It's a combination of three ... More

Ten thousand additional first home buyers will be able to access the First Home Loan Deposit Scheme (FHLDS), allowing them to get into their first home with a deposit as small as 5%. The new places will be available from today until June 30 next year. ... More

You get approved for a home loan. Happy days. But then COVID-19 hits, your employer loses revenue and puts you on JobKeeper. Despite still being gainfully employed, the bank comes back and lowers the approved amount. This experience, had here by a reader ... More

It's party time for first home buyers who are willing to buy new properties, with plenty of free money on offer as governments move to support the construction industry in the wake of COVID-19 - for example, up to $76,070, including stamp duty concessions ... More

COVID-19 has blown out the wealth gap between younger and older Australians to a 20-year high, with those aged 25-34 lagging on economic and home ownership. The Australian Actuaries Intergenerational (AAI) Equity Index report released this week found ... More

St.George Bank is giving other banks a run for their money in a new home loan that does away with one of the biggest deterrents for first-home buyers: saving a 20% deposit. Take this scenario. You want to buy a house or unit worth $650,000. The rule-of-thumb ... More

Builders of new homes would receive a $50,000 cash incentive under a New Home Boost scheme proposed by the Property Council of Australia to reinvigorate the housing market, generate jobs and boost consumer confidence. "Some big and bold thinking is ... More

Once upon a time, frugality was so uncool. It was unhip to talk about saving money. It was cool to aspire to live a luxury lifestyle, and anything budget related was dull. Back in 2015, I went to a national blogging conference on the Gold Coast called ... More