Australian housing prices have been unwinding at a serious clip now for close to a year and a half and, while it was initially brushed aside as a healthy correction, regulators and policy makers are starting to get concerned, writes Ian Verrender.
Toni Linley and her husband can hear prison sirens "all the time", but decided neighbouring Risdon Prison is maximum security so the inmates are unlikely to get out.
A downturn is predicted to continue for Darwin's housing market, while hope lies on the horizon for Perth — but an economist suggests negative media does have an effect on the market, with sentiment a factor for buyers and sellers.
Disability pensioner Gayle Muddyman only receives $500 a week — but with the rent of her three-bedroom house going up "ludicrously" in the last 12 months, she only has dollars to spare.
House prices in Sydney, Melbourne and Perth are set to continue their steep falls before a possible modest rebound in prices later this year or early next, according to predictions from Moody's Analytics.
The scrutiny on borrowing is the toughest it's been, with banks and credit unions putting the daily spending habits of potential customers under the microscope — including things like your food deliveries and Afterpay purchases.
New data shows a record number of Australian households struggled with some degree of mortgage stress in March, as analysts warn the default risk is the highest it's been in two decades.
Mixed is perhaps the best description of the latest batch of volatile building data, with a massive jump in approvals for apartments outweighing a drop in activity for stand alone premises.
Hobart's property prices are still booming and bucking the national trend, but that doesn't mean there aren't bargains to be had — you just might have to factor in flooded floors, peeling paint and missing wall panels.