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The Latest Breaking News on Real Estate

Supply the key to fixing housing, not taxes: Treasury

The focus of the government should be on increasing housing supply rather than cutting tax concessions for property investors, the Treasury chief says.

AAP

The RBA goes xenophobic in its quest for excuses

The RBA under Bullock doesn’t just look out of touch. It looks desperate.

Crikey

Highland community gains planning permission for affordable housing

A HIGHLAND community foundation has gained planning permission for six affordable homes after successfully purchasing land from a local landowner.

The National (Scotland)

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London Assembly demands 'proper funding' to fix cladding crisis with nearly 2,000 buildings at risk

Only 27 per cent of the high and medium-rise buildings in London found to have dangerous cladding have been remediated

Evening Standard

People loitering on Rochdale estate face arrest in first-of-its-kind police order

Officers restrict access to Freehold estate for non-residents after reports of ‘incessant drug dealing’ and intimidation

The Guardian - UK

Interest rate cut today 'nailed on' say City economists in new boost to home owners

Bank of England aiming to bolster economy amid rising uncertainties and weakened consumer confidence

Evening Standard

Two 'megaboats' facing eviction from Chelsea harbour can now stay after shock ruling

Kensington and Chelsea had issued enforcement notices to The Zephyr and The Pacifica after councillors voted to evict them from the Chelsea Reach Harbour

Evening Standard

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Reserve Bank leaves interest rates on hold as Michele Bullock ducks questions on rate cut timing

RBA’s decision to leave cash rate unchanged comes as underlying inflation remains above bank’s target range

The Guardian - AU

Disabled child waited nearly two years for social housing repairs – ombudsman

The example came as the Housing Ombudsman’s latest report showed that findings of failures and delays have soared.

The Independent UK

California sues LA suburb for temporary ban of homeless shelters

California has filed a lawsuit against a Los Angeles suburb over the city’s recent moratorium on homeless shelters and temporary housing

The Independent UK

New deal for former Glasgow school site proposed after previous plans failed

A NEW deal to sell a former Glasgow school site to a housing developer for £3m is set to be agreed after previous plans for the land fell through...

The National (Scotland)

Fraudsters may have stolen £500,000 from cladding removal fund, watchdog reveals

National Audit Office report says taxpayer-funded scheme made payment to suspected scammer last autumn

The Guardian - UK

Hospitals and police stations set for tax hikes in business rates overhaul

Analysis of official Government data by Altus Group found that this new high street ‘levy’ will apply to 1,589 large distribution warehouses.

The Independent UK

Epstein called Trump "closest friend"

The notorious sex trafficker found the former president to be sleazy

Salon

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Evening Standard

What the papers say – November 3

Here are the biggest stories leading Sunday’s front pages.

AAP

HECS cut to help fix 'intergenerational unfairness': PM

The federal government has unveiled plans to cut HECS debt by one-fifth for university students if it wins the next election.

AAP

RBA tipped to keep rates steady for 12th straight month

Interest rates have been kept on hold for almost a year and are broadly expected to stay there until cuts start in early 2025, provided inflation keeps easing.

The Guardian - UK

Dracula’s Castle, a monument to 1980s excess, is about to be cruelly defanged

Minster Court, which once served as Cruella de Vil’s HQ, faces a bland redevelopment to provide more office space in the City

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Salon

Trump was never qualified — for anything

After a lifetime of lying, failure and incompetence, this conman stands at the gates of power once again

Dynamite News

PM Modi and Greek PM Mitsotakis discuss strengthening relations

Prime Minister Narendra Modi received a telephone call from the Prime Minister of Greece, Kyriakos Mitsotakis today. Read further on Dynamite News:

The Guardian - AU

Australian construction industry calls for skilled migration overhaul to ease ‘desperate’ shortage of tradies

Labour shortage is driving up construction costs and stopping industry from building enough homes to ease housing crisis, Master Builders says

Reason

Reflections on Lecturing on Immigration Policy in Switzerland

Ove the last few days, I gave two talks on immigration in Switzerland. Here are some reflections on that experience.

Salon

Harris plans to defeat housing crisis

Harris wants to defeat housing crisis with rent controls and incentives to build

Kiplinger

Five Cities With the Lowest Property Tax in the U.S.

Property taxes are ultra-low in these popular metro areas, but is housing affordable?

Evening Standard

Rush to buy London homes before stamp duty rises in Budget hit

The surge in activity in the property market could push up prices

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