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Australia’s real estate values have undergone a reshuffle with Brisbane now the second most expensive city to buy a house. The Queensland capital, nicknamed Brisvegas, has leapfrogged Canberra to sit behind Sydney for the first time since 1997. It follows sustained growth that allowed Brisbane to overtake median Melbourne house prices in January, marking the […]

Young Australians are not getting the same opportunities to step onto the property ladder as the generations that came before them, the top Treasury official says. The future for young people was not “bleak” despite the cohort facing “very substantial challenges”, including housing shortages, climate change and sluggish productivity growth casting a shadow over the […]