Let’s see what’s making property news headlines this week in Australia.

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Story 1

Headline: Australian rental crisis: Number of new properties being built crashes in NSW, VIC, ACT, WA, and NT

Written By: Peter Vincent of the Daily Mail

Link: https://www.msn.com/en-au/news/australia/australian-rental-crisis-number-of-new-properties-being-built-crashes-in-nsw-vic-act-wa-and-nt/ar-AA1aVNKT?ocid=Peregrine

Story 2

Headline: Budget blueprint of the king of wishful thinking

Written By: Geoff Chambers of The Australian

Link: https://www.theaustralian.com.au/nation/politics/jim-chalmers-splashes-21bn-in-risky-populist-pitch/news-story/3d8d1a9417a757ef8afb34616e31abf4?

Story 3

Headline: Comyn: CBA isn’t fuelling mortgage wars, posts $2.6b profit

Written By: Ayesha de Kretser of the Financial Review

Link: https://www.afr.com/companies/financial-services/cba-posts-2-6b-third-quarter-profit-20230508-p5d6tk?

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