Articles on Residential property

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The burden of regulatory failure hasn’t just hit residents of evacuated apartments like the Neo200 building in Melbourne – it affects everyone living in a building with serious defects. Ellen Smith/AAP

Housing with buyer protection and no serious faults – is that too much to ask of builders and regulators?

Years of regulatory failure are have direct impacts on the hip pockets of the many Australians who bought defective houses or apartments. It's turning into a multibillion-dollar disaster.
Can Australians be confident that the new National Construction Code will ensure new buildings avoid structural defects like those that led to the evacuation of the Opal Tower (left) in Sydney? Dylan Coker/AAP

Australia has a new National Construction Code, but it’s still not good enough

Under the new code, buildings are hardly likely to differ measurably from their fault-ridden older siblings and can still fall short of a six-star rating. It's possible they may have no stars!
Australia got in first with restrictions on foreign investors in housing, but Jacinda Arden’s new government plans to go further. Daniel Munoz/AAP

Foreign ownership of housing – how do Australia and New Zealand compare?

Concerns about foreign investors driving up housing prices have been growing. Australia was first to bar foreign purchases of existing residential property, but New Zealand is set to go further.

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