Latest Affordable Housing News

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Takeover chatter lit up Pepper Money, while Identitii ran hard after a regulator stepped in. At the other end, AMP slid despite higher profit, as investors weighed leadership change and legal costs.
Logan Eniac
Logan Eniac
14 Feb 2026
ASB’s half-year results show a modest 1% rise in cash net profit, driven by growth in home, business, and rural lending alongside a 5% increase in customer deposits. The bank is investing heavily in technology, customer experience, and social housing initiatives to support New Zealand’s long-term prosperity.
Claire Turing
Claire Turing
11 Feb 2026
Eureka Group Holdings has acquired Nagambie Lifestyle Park for $11 million, marking its ninth all-age rental community and reinforcing its affordable housing strategy in regional Victoria.
Eva Park
Eva Park
15 Jan 2026
Lifestyle Communities Limited reported a challenging FY25 marked by a significant $135.5 million after-tax write-down following a VCAT ruling, while signaling early signs of recovery and strategic reset for FY26.
Eva Park
Eva Park
21 Nov 2025
Eureka Group Holdings has acquired Benalla Tourist Park, marking its first all-age rental community in Victoria with strong yield and development potential.
Eva Park
Eva Park
11 Nov 2025
National Australia Bank reported a 1.2% revenue increase to $20.872 billion in FY25, while net profit dipped 2.9% to $6.759 billion. The bank highlighted progress in customer-centric strategy, technology modernization, and sustainability initiatives.
Claire Turing
Claire Turing
6 Nov 2025
Eureka Group Holdings reports a transformative year marked by a 29% increase in rental units, a landmark acquisition in Perth, and a strong development pipeline, setting the stage for significant earnings growth in FY26.
Eva Park
Eva Park
31 Oct 2025
Cedar Woods Properties has raised its FY26 net profit guidance to 15% growth, driven by a surge in presales hitting a record $763 million. The company’s strong pipeline and strategic acquisitions position it well amid a tight housing market.
Eva Park
Eva Park
29 Oct 2025
PEXA Group Limited reported a 16% revenue increase to $393.6 million for FY25, driven by growth across its Australian Exchange, UK International business, and Digital Solutions segments. Despite a statutory net loss of $76.1 million due to impairments and deferred tax derecognition, core EBITDA rose 21% with improved margins.
Sophie Babbage
Sophie Babbage
29 Aug 2025
Lifestyle Communities reported a challenging FY25 with a significant statutory loss driven by a VCAT ruling, yet signs of sales recovery and a refreshed strategy offer a path forward.
Eva Park
Eva Park
28 Aug 2025
Lifestyle Communities reported a significant statutory loss for FY25, driven by legal provisions and asset write-downs, yet signs of recovery emerged in the second half with improved sales and cash flow.
Eva Park
Eva Park
28 Aug 2025
Ingenia Communities Group has reported a robust FY25 performance, exceeding underlying EPS guidance with a 33% increase and signalling strong momentum heading into FY26.
Eva Park
Eva Park
26 Aug 2025