Adam Hubbard

Key takeaways Buyers are becoming more selective. Flexibility, functionality, lifestyle and space are increasingly shaping purchasing decisions. Buyer priorities vary significantly between cities. Sydney wants versatility, Melbourne values character, Brisbane seeks flexibility, Perth prioritises space, Adelaide focuses on practicality and Canberra favours fundamentals. Homes increasingly need to work harder. Granny flats, dual living, studies and adaptable spaces are becoming more desirable.

Key takeaways Australia’s rental crisis is fundamentally a supply problem, with housing construction failing to keep pace with population growth and changing household needs. Private property investors provide most of Australia’s rental accommodation. Discouraging them could further reduce rental choice. The 2026 Budget limits negative gearing on established properties and changes capital gains tax concessions. New properties will receive more favourable tax treatment.

Key takeaways Australia doesn't have enough skilled construction workers. The shortage is limiting our ability to build the homes and infrastructure we need. Higher unemployment won't automatically solve the problem. Construction requires skilled and qualified workers who take years to train. Housing targets don't guarantee new homes. Labour shortages, rising costs and longer construction times can make approved projects unviable. Housing undersupply is likely to persist.