Housing approvals show sector recovering

FIRST timers have returned to the housing market as government grants, low interest rates and inducements from residential developers help to boost activity. For the first time in six years, the proportion of first home buyers has climbed over the 20 per cent mark, according to Australian Bureau of ...
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Buying Australian property to be made easier for foreigners

VISITORS and overseas businesses will soon be able to buy residential property more easily in Australia thanks to a lifting of restrictions. The Federal Government has relaxed rules over foreign investment and it should benefit more than 7500 overseas buyers. Market flexibility will be enhanced ...
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Carrot for 150,000 first-home buyers

MORE than 150,000 first-home buyers will receive up to $14,000 extra in taxpayer funding to tempt them into a moribund housing market and revive building activity. The Government yesterday sought to bring forward tens of billions of dollars' worth of new home sales over the next nine months by putt ...
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