Daily Archives: April 11, 2019

Housing with buyer protection and no serious faults – is that too much to ask of builders and regulators?

Regulation of the Australian building industry is broken, according to the Shergold-Weir report to the Building Ministers’ Forum. “We have concluded that [the] nature and extent [of problems] are significant and concerning. The problems have led to diminishing public confidence that the building and construction industry can deliver compliant, safe buildings which will perform to the expected standards…

Rent prices soar in Hobart, making it more expensive than Melbourne: report

For the first time, it is now more expensive to rent a house in Hobart than in Melbourne. And Canberra is the most expensive capital city for Australian renters, having overtaken Sydney for the second quarter running. The Domain Rental Report for the March quarter, released on Thursday, shows the median weekly rent for a house…

Canberra rents continue to rise, still most expensive capital city to rent a house

Canberra house rents have continued to rise, and remain the highest out of all capital cities, according to the latest Domain data. The median asking rent for houses in the nation’s capital has jumped 7.5 per cent over the year to $570 per week, with the Domain Rental Report for the March quarter finding Canberra has experienced the highest growth out…