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The Latest Breaking News on Real Estate

Sunshine in the rain: number of house sales was 5% higher in August than a year earlier

The figures from HM Revenue and Customs are a sign that the housing market has rebounded, some experts said.

Evening Standard

View from the Hill: Albanese and Chalmers play cat-and-mouse on negative gearing with the public – and possibly with each other

Is the government seriously interested in changing arrangements on negative gearing? After days of questions to Prime Minister Anthony Albanese and Treasurer Jim Chalmers, who would know?

The Conversation

Number of house sales was 5% higher in August than a year earlier

The figures from HM Revenue and Customs are a sign that the housing market has rebounded, some experts said.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Winkworth boss warns Rachel Reeves of impact in axing non-dom status in Budget

Officials at the Treasury and the Office for Budget Responsibility are said to be alarmed that the move could actually reduce the tax take by as much as £1 billion.

Evening Standard

News Corp warns millions of renters ‘crucified’ as Murdoch papers fan negative gearing hysteria

Tabloids say Australia’s economic system would collapse after Albanese leaves door slightly open on tax concession. Plus: John McDonald’s contribution reviewed by AFR

The Guardian - AU

'Knocked on the head': Labor rebuffs property tax moves

After days of discussions over curbing property investors' tax concessions, the government has firmed its stance against the rumours.

AAP

China stimulus a 'very good development for Australia'

After iron ore prices plunged by more than a third since the start of the year, Chinese stimulus measures spell good news for the Australian budget.

AAP

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Keating says Labor ‘flogging a dead seahorse’ over Aukus deal; severe weather for parts of NSW and Queensland – as it happened

As it happened

The Guardian - AU

US hospital chain vows to cancel medical debt for thousands of patients

North Carolina-based Advocate Health takes action amid scrutiny of its debt collection methods

The Guardian - US

London Assembly warns 'grey belt' plans could cause unintended damage to environment

Concerns have been raised at City Hall that the policy could incentivise landowners to make their land derelict on purpose

Evening Standard

Intel begins reducing real estate holdings worldwide — European HQ up for sale, leaving purpose-built Swindon site after more than 40 years

Intel has instructed a commercial real estate firm to sell its European HQ, located in the UK. According to local media reports, the purpose-built offices in Swindon were established in 1982 and consist of 187,000 square feet of office space on a 12.87-acre site.

Tom’s Hardware

What’s really going on with negative gearing? Here are four paths for change

Many have tried to reform Australia’s controversial tax settings and just as many have failed. Largely absent from this week’s frenetic debate: the options actually on the table

The Guardian - AU

Oakland Coliseum’s Restricted Section Is a Gold Mine of Gorgeous Views, Old Junk and Rich Stories

Mount Davis, a giant seating structure soaring over center field, has been closed to fans for years. The man who has long guarded it has plenty of tales to tell.

Sports Illustrated

John Swinney fires back as Labour demand sacking of Housing Minister

JOHN Swinney fired back at Anas Sarwar during FMQs after the Scottish Labour demanded the sacking of Scotland's Housing Minister.

The National (Scotland)

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The Guardian - UK

China announces new measures to arrest housing slump and boost growth

Benefits to rise for poorest and local authorities to be given powers to intervene in real estate markets

The Guardian - UK

Lucky Loser review – how Donald Trump squandered his wealth

A forensic accounting of the former president’s business empire reveals a reputation built on myth

Evening Standard

Property market still showing the scars from Liz Truss's mini-Budget says Foxtons

In the 12 months that followed the “notorious” Commons statement total number of mortgage approvals slumped by 27.8% while transaction volumes fell by 13.3%

AAP

No negative gearing reform on cards for election: PM

The prime minister has hosed down suggestions Labor will take changes to negative gearing to the election, amid warnings it could hike up rents.

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Newcastle Herald

Has Newcastle entered a buyers' market? Property experts weigh in

'More buyers equals more demand, so now is the sweet spot.'

The Independent UK

Casino mogul Steve Wynn told Trump point-blank that he’s ‘off message’ in race for White House

Around a dozen Republican allies have been sounding the alarm over Trump’s rambling rhetoric and inability to stick to the script in recent weeks

The Guardian - UK

Labour needs to build neighbourhoods, not just houses

Letters: Dr Lorens Holm says new housing schemes need to be integrated into public spaces and amenities, not increase isolation and dependence on cars. Plus letters from Frances Heywood and Richard James Illidge

Top News

Trump Appeals Fraud Judgment In New York Court

Donald Trump appeals a 9 million civil fraud judgment in New York over inflated net worth.

The Guardian - AU

Several Labor MPs ‘open’ to reforms to negative gearing to address housing crisis

Some politicians welcome a fresh and bold response to address affordability, while others wary of resurrecting a debate lost at the 2019 election

The Guardian - UK

How to handle buying a leasehold property in England and Wales

If buying in England and Wales keep an eye on looming changes to the law and ask the seller to extend a shorter-than-average lease

AAP

Advice on negative gearing 'not unusual': Treasurer

While the government has downplayed speculation it's contemplating changes to negative gearing, it's also not ruling it out.

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