LGA Research Australia

The Darwin real estate surprise:-

NT Government estimates between 2,000 and 4,000 have relocated to the Northern Territory since the pandemic began, leading to a dramatic shift in Darwin's rental market.

Rental vacancies in Darwin have dropped from 8% to about 2% which resulted in the number of rental listings is down more than 60% on the five-year average.

Local real estate experts are surprised by the sudden shift and new arrivals were happily signing 12 or 18-month leases.

With the latest unemployment rate unexpectedly climbing to above trend terms, economists say the Reserve Bank of Australia might already be feeling increasing pressure to cut the official rates.

Would recent jobless rate compel RBA to cut rates? With the latest unemployment rate unexpectedly climbing to above trend terms, economists say the Reserve Bank of Australia might already be feeling increasing pressure to cut the official rates. Fi…

Many factors affect Australians’ wellbeing, and a new study by the National Australian Bank shows that debts — both mortgages and other debts — are amongst the most significant detractors and triggers of financial anxiety.

How do home loans impact Aussies’ wellbeing? Many factors affect Australians’ wellbeing, and a new study by the National Australian Bank shows that debts — both mortgages and other debts — are amongst the most significant detractors and…

In its final attempts to woo Australians to its favour this coming election, the Coalition government has announced a scheme that would dramatically change the game for first-home buyers intending to enter the housing market — Prime Minister Scott Morrison pledged $500m to support first-home buyers in their journey to homeownership by lowering the required deposit needed to take out a home loan.

What you need to know about Morrison’s first-home buyer scheme In its final attempts to woo Australians to its favour this coming election, the Coalition government has announced a scheme that would dramatically change the game for first-home buyers intending …

Some analysts fear that the government’s new scheme aiming to help first-home buyers overcome the home-loan deposit will result in higher interest rates amongst lenders.

Will the new first-home buyer scheme raise mortgage rates? Some analysts fear that the government’s new scheme aiming to help first-home buyers overcome the home-loan deposit will result in higher interest rates amongst lenders. Analysts are concerne…

Australia’s property market is at risk of losing $571bn in value over the next decade — not because of the housing downturn, but because of the impacts of climate change and extreme weather changes, the Climate Council said.

Property market could shed $571bn due to climate change Australia’s property market is at risk of losing $571bn in value over the next decade — not because of the housing downturn, but because of the impacts of climate change and extreme weather c…

A new industry insight published by McKell Institute said the Australian Labor Party’s $6.6bn housing affordability policy could help state and federal governments save up to $10.8bn.

Labor’s affordability policies could boost government coffers by $10.8bn A new industry insight published by McKell Institute said the Australian Labor Party’s $6.6bn housing affordability policy could help state and federal governments save up to $10.8bn. Late la…

The Australian Labor Party’s proposed rule changes for capital gains tax and negative gearing are sending shivers down the spines of many economists and market watchers, who believe that such plans would only spell bad news for the housing market.

Changes to tax rules spell bad news for housing — economists The Australian Labor Party’s proposed rule changes for capital gains tax and negative gearing are sending shivers down the spines of many economists and market watchers, who believe that such…

The housing downturn seems to have left Australian home seekers unfazed after all — in fact, it has even made them more obsessed about property than ever before, a study by HSBC found.

Aussies amongst the most property-obsessed globally — HSBC The housing downturn seems to have left Australian home seekers unfazed after all — in fact, it has even made them more obsessed about property than ever before, a study by HSBC found. According to…

It is becoming a struggle for many young Australians to achieve homeownership in the current market conditions as dwelling prices reach new heights while incomes fail to keep up.

Homeownership becomes a distant dream for younger Aussies It is becoming a struggle for many young Australians to achieve homeownership in the current market conditions as dwelling prices reach new heights while incomes fail to keep up. In a think piece i…