US home purchases rebound in Dec
US home sales rebounded in December after new federal regulations delayed the completion of purchases in November, while total sales in 2015 were the highest in nine years.The National Association of...
View ArticleForeign investors retreat from UK real estate
Overseas investors have pulled back from the UK commercial real-estate market, a signal weak oil prices and volatile stockmarkets continue to bite, according to a survey of property agents. Demand for...
View ArticleLabor pressured on negative gearing
Federal Labor faces pressure from NSW members of the party to wind back negative gearing and superannuation tax breaks.Labor's NSW state conference to be held this weekend will debate a raft of motions...
View ArticleWA reaps $135.5m from Market City sale
Market City has become the first asset sale announced by the West Australian government after a $135.5 million bid by Perth Markets.The industry consortium, led by the Chamber of Fruit and Vegetable...
View ArticleLabor’s hit on property investors
Bill Shorten will today unveil bold plans to limit negative gearing to new houses and halve capital gains tax concessions from July next year, but faces a backlash from the property industry which has...
View ArticleLabor plan would smash housing: PM
Malcolm Turnbull says Labor’s negative gearing changes will make every home “worth less” as he described Bill Shorten’s policy as ill-thought out and dangerous.But Labor says the Prime Minister is...
View ArticleHome lending growth stalls
Investors are walking away from the property market in droves, stalling bank lending growth even before the recent debate about winding back negative gearing benefits.In a weak start to the calendar...
View ArticleBob Day defends Huxley Homes
Family First senator Bob Day says a housing company he founded has had problems in the past, but has since improved its operations.Huxley Homes, one of a number of housing construction companies linked...
View ArticleNew park in the sky for Melbourne city
Melbourne's unique laneways and a New York-style elevated public park will be incorporated into a $1.9 billion development linking the CBD with Docklands.The Melbourne Quarter project, to be built over...
View ArticleAPRA deflates fears of bubble
The banking regulator has weighed into renewed fears that the nation’s housing “bubble” is about to burst, claiming the $4.6 trillion banking system is better placed than other nations to handle any...
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