Official support will hopefully result in short-term rentals being a viable option for every homeowner without fear of legal or financial penalties
Despite gains in rental affordability, many minimum wage earners are still struggling to find affordable housing
Tenant unions are alarmed, as these platforms could potentially jack up rates in pricey rental markets
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The new NSW Premier, Barry O'Farrell, has announced plans to release 10,000 housing blocks in the state over the next four years.
Dwelling approvals took another hit in February,according to ABS figures, signifying an ongoing downturn in the housing construction industry.
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Property prices could fall by as much as 18% if the Federal Government decides to put a cap on growth in Australia's major cities, warns the Urban Taskforce's People Power report.
The number of new homes sold nationwide in February rose by 0.6% on the previous month, according to figures from the Housing Industry Association (HIA).
A social media campaign to boycott buying property until prices fall 'to an affordable level' is rapidly gathering speed.
Australian investors are increasingly concerned about elevated property prices in Australia, according to two new surveys.
Sydney was the only city in Australia to show capital growth in February as the overall capital city median price showed no improvement, according to the latest figures from RP Data and Rismark.
Newly appointed NSW Premier Barry O'Farrell must make good on pre-election promises to address the state's housing affordability crisis, says the Housing Industry Association (HIA).
The national vacancy dropped for the second month running in February, according to the latest figures from SQM Research.
Rental vacancies fell Australia-wide in February, with Canberra leading the pack as the most tightly-supplied market.
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