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The number of landlords selling up in Victoria is causing concern that the Allan government’s upcoming state budget will take a hit in property tax revenue. Victorian property experts have warned next month’s state budget is facing a property investor-shaped hole, with fears stamp duty and land tax will be hit by a landlord exodus.

Renters across Melbourne are facing crushing financial pressure, with even high-income earners struggling to keep a roof over their heads.

In a widely anticipated decision, the Reserve Bank of Australia (RBA) has opted to keep the cash rate steady at 4.10 per cent in April, aligning with predictions from the majority of economic experts. RBA Governor Michele Bullock made the announcement at 2.30 pm today, reinforcing the central bank's cautious approach to monetary policy.

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According to the REIA, Australia is facing a notable decline in residential property investment, raising alarms about future rental and housing shortages.

Following weeks of speculation and constantly shifting forecasts, the Reserve Bank of Australia has on Tuesday handed down its first cash decision in 2025, electing to cut Australia’s cash rate by 0.25 percentage points to 4.10 per cent, following a meeting of the board’s governors this week.

Two new property taxes will be imposed from this month on the state’s struggling property market — already the weakest in the country. More taxes are set to hit the struggling Melbourne property market.

As mortgage holders across Australia continue to grapple with the financial strain of thirteen consecutive Reserve Bank of Australia (RBA) rate hikes, optimism is cautiously growing around the prospect of rate cuts in 2025.

Victoria's rental market is shrinking rapidly, driven by an accelerating sell-off by property investors. Over the course of a year, the state's rental stock decreased by more than 24,700 properties, reflecting a significant shift in market dynamics.

The Barry Plant Group has once again demonstrated the extraordinary power of community and generosity celebrating the 10th anniversary of its Wishtober campaign in 2024, by raising $84,329.01 for Make-A-Wish Australia.

Forty year home loans have been in play for a little while now, albeit with lenders that people may not have heard of.

Nearly 30 per cent of Victorians currently eligible for the state’s Homebuyer Fund would no longer qualify for the federal government’s proposed Help to Buy scheme as a result of stricter income limits and reduced property price caps.