Latest Property News

Why negative gearing has failed

MacroBusiness A key reason why I started writing was because the quality of commentary and debate around housing and other important issues had deteriorated so badly that the media had become little more than a mouthpiece for vested interests. Lazy journalists were writing puff piece after puff piece parroting the latest press release or one-eyed…

Where is the housing market headed?

Last week’s interest rate cut hasn’t proven to be quite the shot in the arm many real estate agents thought it would be and as 2011 rounds out, the industry is hoping home buyers will come back with renewed vigour after the New Year. On the face of it, the fundamentals look good for a…

User Pays for Desal

Water bills could rise under a new arrangement which will see Sydney’s desalination plant pass on its electricity-trading losses and gains. In what the opposition called an ‘unprecedented change to the rules of the game’ the state government has written to the Independent Pricing and Regulatory Tribunal to change the rules under which Kurnell’s desalination…