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The Latest Breaking News from Hayden Groves

Auction jump ahead of expected Cup day rate hike

An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump.

AAP

Victoria’s expanded rent bidding ban sparks concerns over enforcement and effectiveness

But Daniel Andrews tells Guardian Australia the plan closes ‘loophole’ being exploited amid housing crisis

The Guardian - AU

National planning reforms require 'farewelling of our nimby culture'

Housing industry bodies have welcomed new rental measures.

The Canberra Times

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‘Wild west’: Australia’s would-be tenants asked about tattoos and social media as calls grow for regulation

Another renter was told to provide a year’s worth of bank statements, with NSW minister saying applicants ‘rightly feel uneasy’ about data collection

The Guardian - AU

Renters asked to ‘pre-apply’ before inspecting properties in Australian cities

Applicants asked for proof of identity, rental and financial history, and references, as listings are snapped up before first showing

The Guardian - AU

Real estate agents push back against Australian privacy law changes designed to protect personal data

Real Estate Institute of Australia president says ‘another component of risk that might prove detrimental to free enterprise’

The Guardian - AU

Think you're on a 'rental blacklist'? Here's how it may have happened, and what to do about it

With rental vacancy rates at record lows, even the possibility of being blacklisted from finding a property is enough to terrify tenants. So how does "rental blacklisting" work, and what can you do about it?

ABC News

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Inside the 'opaque' property tech sector that helps real estate agents decide who gets a lease in a rental shortage

Australian technology companies that process rental applications for the real estate industry appear to be pulling back their platforms, as consumer backlash grows about the fledgling industry's allegedly "opaque" practices.

ABC News

Rental crisis: Airbnb and holiday home owners urged to let out properties to long-term renters

Thousands of homes across Australia are listed on short-stay websites but councils’ call to action is ‘piecemeal approach’ to housing crisis, experts say

The Guardian - AU

Distressed housing sales rise as owners succumb to Australia’s rising interest rates

Buyers who overpaid for properties in boom market conditions now feeling the pinch, head of property investor group says

The Guardian - AU

Rental applicants across the country pressured to pay for their own background checks

A tenancy law expert says it could be illegal in several states, while tenants’ advocates say it preys on vulnerable renters during Australia’s housing crisis.

ABC News

Handwritten notes, door-knocking, recipes: real estate agents turn ‘desperate’ across Australia

Amid falling house prices and interest rate rises, agents are turning to increasingly frenzied measures to hunt for sellers

The Guardian - AU

Barr sees reform opportunities to deliver more affordable homes

Andrew Barr said it was also clear rent assistance in the private market had not kept pace with increasing prices.

The Canberra Times

‘Unprecedented’: Housing crisis gets even worse as affordability plunges

Australia’s housing crisis is becoming even worse - despite falling property prices - according to new research.

The New Daily

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ABC News

Australian homes are so cold that some are falling below the WHO's recommended 'safe' temperature

As rental advocacy groups call for minimum standards in housing, researchers are finding links between cold homes and the occupants' physical and mental health.

The Guardian - AU

‘They’re held over a barrel’: in the overheated rental market, tenant vetting can go too far

In most of Australia there is no regulation over information requested by agents – but it’s ‘overkill’, say renters’ advocates

ABC News

Government minister admits first home buyer policy would push up house prices, PM says other policies would balance it out

Jane Hume concedes the policy would see house prices increase "temporarily", something economists and the opposition are warning will happen.

The New Daily

‘Priced out’: Housing affordability hits decade low before interest rates rise

More Australians are being priced out of the property market and squeezed by rising rents as housing affordability falls to a decade low.

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ABC News

International travel to and from Australia is resuming — how will house prices and rents respond?

A resumption of international travel will benefit struggling tourism operators — but it could also drive competing effects in the property market, causing rents to increase while having a moderating effect on house price growth.

People

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