AustraliaProperty

An estimated 480 Australian households using the federal government's 5% deposit scheme have fallen into negative equity as property values decline.

Australia's residential dwelling value fell $34.1 billion to $12.7 trillion in the June quarter.

The Treasury released advice warning that federal tax reforms would cause a modest, immediate slowing in Australian house price growth.

Ingenia Communities Group (ASX:INA) rejected an unsolicited takeover proposal from Warburg Pincus valued at $4.75 cash per security.

Eureka Group (ASX:EGH) has executed an agreement to acquire six lifestyle communities for $123.8 million.

Ingenia Communities (ASX:INA) has reportedly agreed to sell six lifestyle and mixed-use communities to Eureka Group (ASX:EGH) for $123.8 million.

Total Australian dwelling approvals fell 3.6% to 17,687 units in July, according to the Australian Bureau of Statistics.

The Australian Taxation Office identified approximately 6000 investment property sales between July 1, 2020, and June 30, 2025.

PEXA Group (ASX:PXA) returned to profitability with a statutory net profit after tax of $19.2 million for the 12 months ended June 30.

Centuria Capital Group (ASX:CNI) has launched a new $454 million office fund to acquire a premium commercial property in the Sydney CBD.

CVC (ASX:CVC) recorded a net profit after tax to shareholders of $2.2 million for the year ended June 30.

Peet (ASX:PPC) delivered a net operating profit of $103.4 million for the 2026 financial year, driven by higher property settlement prices and strong market conditions.