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Housing crisis

Yesterday

The latest tranche of advanced talks between Scentre Group and the NSW government to boost housing supply has centred around Westfield Warringah Mall (pictured) and Westfield Tuggerah.

Revealed: The Westfield malls in talks to build thousands of homes

Scentre Group is in advanced talks with the NSW government for rezoning to allow for more homes near Westfield Warringah Mall and Westfield Tuggerah.

February

The owners say they can’t knock down the dilapidated building at 1 Rathdowne Street without a demolition permit.

Melbourne’s ‘biggest eyesore’ could be targeted in housing blitz

Victorian Planning Minister Sonya Kilkenny says a disused former Cancer Council building in the heart of Melbourne could be cleared for development into new homes.

Scentre, owner of Westfield, CEO Elliott Rusanow.

Westfield owner’s next big play is apartment towers

Shopping mall giant Scentre wants to obtain as many rezoning approvals as possible at its shopping centres to allow for high-rise apartments.

Planning Minister Sonya Kilkenny and Premier Jacinta Allan have warned councils they will seize planning powers if they fail to create more housing supply.

Victoria must give up ‘ideological attachment’ to apartments: Metricon

Victoria will continue to miss housing targets until it realises Millennials and migrants want detached homes, not inner-city apartments, Metricon chief executive Brad Duggan says.

Trump’s actions raise doubts about Australia-US alliance

Readers’ letters on Donald Trump dismantling democratic principles, US betrayal of Ukraine, regulating retirement savings, Larry Fink’s fixed-rate mortgage idea, and Peter Dutton spreading disinformation.

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Fund manager Charter Hall takes off as correction ends

Managing director David Harrison says fund managers thrive as corrections end, as large investors hand over funds to invest in a rising market.

The NSW Housing Delivery Authority’s has recommended for 6400 homes worth of major developments be fast-tracked.

NSW fast-tracks 6500 homes with new authority

The state government backs its new housing authority’s recommendations for 11 big projects to go in the express lane for approval, bypassing council gridlock.

There is no such thing as safe as houses when it comes to assessing risk for investors in property and sharemarkets.

Why Australia’s Fair Work Act changes hurt housing

The new rules are sinking jobs and businesses, and mean more expensive housing and an explosion in innovation that could create the very real risk of no building industry

Hoteliers like Michael Skinner are urging the government to enforce tighter regulation and accuse Airbnb and Stayz of taking away rental supply and not operating on a level playing field.

Hoteliers see housing crisis as ally in war against Airbnb, Stayz

The association representing the world’s biggest hotel groups has called for the government to introduce a 90-day cap on short-term accommodation.

QIC Real Estate managing director Deborah Coakley wants the sovereign wealth fund to go beyond being known as a shopping centre owner.

QIC’s big plan to fix the nation’s housing and healthcare shortages

Newly appointed real estate managing director Deborah Coakley says the sovereign wealth fund wants to be known for more than owning shopping centres.

January

Andrew Charlton and Anthony Albanese were keen to spruik Labor’s plans to improve housing in Parramatta last week.

NIMBY or YIMBY? Andrew Charlton’s identity crisis

The federal MP, who owns several properties, is petitioning to stop development of 2500 new homes.

Allegra Spender at Pina Cafe: “I didn’t expect to get so much joy from being the local member and seeing the world through other people’s eyes.”

Meet the McKinsey analyst turned teal powerbroker

Allegra Spender, who could hold the balance of power after the next federal election, grew up in privilege but prides herself on being able to talk to anyone.

Prime Minister Anthony Albanese and Opposition Leader Peter Dutton.

Reform must be top New Year resolution in Canberra

We cannot afford a repeat of the last election when the major parties said don’t worry, we won’t change anything.

December 2024

Simonelle Mody is a 25-year old finance professional living in a UKO co-living space in Paddington.

Can an ‘upmarket boarding house’ solve Sydney’s housing problem?

Hotel Capital Partners is acquiring the former Quest Potts Point hotel and turning it into short-term rental housing to capitalise on inner-city housing shortages.

The Minns government in NSW wants to speed up housing approvals.

‘Profit vaporised by time’: Westpac boss backs council reform to fix housing

Anthony Miller has thrown his weight behind the NSW government’s ambitious push to bypass local councils and reform planning laws.

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Residential mortgages are increasingly the preserve of the wealthy.

The 3 housing charts that should make young people furious

New data shows how housing is slipping even further out of the reach of younger people. The election will kick off a new debate on the problem.

Render of new residential towers that will sit on top of the old Sydney Fish Market site.

More than 1000 apartments to rise from old Sydney Fish Market site

A long-heralded plan to transform the site into housing is gaining momentum, as three major developers are shortlisted for the $1.5 billion project.

Construction workers, including for the housing sector, will be added to the new list.

Tradies to join yoga instructors on core migration skills list

Home Affairs Minister Tony Burke said the federal government was moving to address critical shortages, including in new home construction.

November 2024

Westfield Hornsby

The $1.5b housing opportunity at Westfield Hornsby

Seven of Sydney’s transport hubs have been earmarked for fast-track housing development. Mall giant Scentre is an early winner, and says much more can be done.

Home ownership rates have fallen to historic lows, and individuals without access to the Bank of Mum and Dad are finding it increasingly difficult to get a mortgage.

Tweak lending rules to tilt the scales for first home buyers

Reforms to prudential regulation will be a solution for many Millennials and Gen Zs missing out on the Australian dream.

Original URL: https://www.afr.com/topic/housing-crisis-6g88