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The Adelaide Hills hideaway at 51 Old Mount Barker Road, Stirling, was the most viewed listing in South Australia on Realestate.com.au last week.

NEWS

1

Gearing up for a change, Mr Albanese? Negative, says PM, it’s not my policy

Anthony Albanese has claimed he had nothing to do with Treasury examining changes to negative gearing or the capital gains tax discount as a growing number of Coalition MPs push Peter Dutton to consider their own property tax changes.

2

First-home buyers in negative gear crossfire

The removal of negative gearing would make it harder for young people to get a foot onto the property ladder through reinvesting as more investors rely on the tax concession.

3

Stockland wins approval to buy $1.3bn housing estate portfolio

The competition regulator has approved the deal on the proviso that a key NSW housing estate is sold off to address its concerns.

4

This global city scrapped rent controls — now the market is thriving

As governments in Australia introduce rent freezes, Argentina has gone the other way. Now, landlords are rushing to put their properties back on the market and many renters are getting better deals.

MARKET MOVERS

REA snaps up $62m Athena stake in local play

Taking a stake in the fast-growing local fintech signals REA’s intent to push into new areas. Can it do the same with takeover target Rightmove?

MaxCap rides the boom in private credit

Real estate funds manager MaxCap Group has lifted its funds management empire by $1bn and hired a former NAB executive as its chief financial officer.

Resimax boosts housing estate pipeline by $8bn

The private developer is backing a surge in immigration and economic activity in Melbourne’s west to drive demand for homes.

Jinding goes beyond the fringes in $70m buying spree

The company is making strides in building up a national operation at a time when industry conditions remain tough.

✣ PRESTIGE PROPERTY

Bargains aplenty in Hobart’s luxury property market

Signs point to a turn on the horizon for the Apple Isle’s southern outlook.

Elle Macpherson sells Florida mansion for more than twice what she paid

The Australian supermodel scored $27m for the six-bedroom house, which she bought for $11.8m in 2018.

This Victorian period home in Melbourne is anything but old-fashioned

Interior designer Swee Lim is throwing out all the rules when it comes to renovating this 1800s Federation-style home.

COMMERCIAL PROPERTY

Era of the office squeeze coming to an end

Metricon keeps crown as biggest residential builder

Housing shortage hits morale

Brickworks crashes to loss on property, building downturn