AGP Executive Report
Last update: 5 hours agoHousing Market Watch: Commonwealth Bank says national home price growth is likely flat in 2026 as sentiment cools, with auctions clearing less often and listings taking longer to sell—pointing to rate hikes and Budget changes including negative gearing limits on new builds from 1 July 2027. First-Home Buyer Shift: Perth broker Beez Neez Finance reports renewed activity as more first-time buyers re-enter while investors step back. Supply Pipeline: Townsville approved a record 1,255 new residential lots in 2025-26, reinforcing fast growth in northern suburbs. Public Land Unlock: The ACT will turn a former CSIRO site into Ginninderra East, targeting 3,000+ homes with a mix including affordable and community housing. Construction Industry Pressure: A Queensland inquiry heard Master Builders boss Grant Galvin tried to take his own life after years of CFMEU intimidation, including a rally with a coffin and Grim Reaper figure. Planning & Community: Fremantle has started stage one of the Hilton Park redevelopment, beginning with upgrades to the Brad Hardie Pavilion. Policy & Cost-of-Living: A Parliamentary Budget Office analysis projects Australians will pay an extra $336b in personal income tax by 2036-37, even with tax cuts, as spending pressures rise.
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