Housing finance falls against expectations in Jan
By a staff reporterThe demand for home loans fell against expectations for the fourth consecutive month in January, according to the Australian Bureau of Statistics.ABS data showed the number of home...
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Earth moves under Australia's housing recovery
IndustriesPropertyJessica IrvineIt's a housing recovery Glenn, but not as we know it.Australians are changing the way they live and the property industry must adapt to survive.In an insightful speech...
View ArticleStockland to double size of Hervey Bay shopping complex
By a staff reporterStockland Ltd has announced a $115 million redevelopment of its Hervey Bay Shopping Centre in Queensland.The development, due to start next month, will more than double the size of...
View ArticleNSW to release new Sydney growth plan
The NSW state government is set to release an ambitious plan that would see Sydney set its highest targets yet for the construction of new homes and for job creation, according to The Australian...
View ArticleHousing affordability lifts in December quarter
By a staff reporterHousing affordability surged in the December quarter, buoyed by earnings growth, interest rate cuts and weak price developments, saccording to a leading survey.The HIA-CBA housing...
View ArticleCharter Hall offloads US assets
By a staff reporterCharter Hall Retail Group Ltd has offloaded another United States asset as it moves to shore up its presence in the Australian market.The retail investment group has dissolved its...
View ArticleVolatile consumer spending impacting on tenant selection: Sewell
By a staff reporterVolatile consumer spending and competition from online rivals is prompting commercial landlords to reprioritise tenants that focus on non-discretionary offerings while giving them...
View ArticleWestfield Group inks Florida shopping centre JV deals
By a staff reporterWestfield Group Ltd has entered into a series of joint venture deals with O’Connor Capital Partners for a portfolio of six United States shopping malls.In a statement to the...
View ArticleKGB: Federation Centres' Steven Sewell
IndustriesPropertyKohler Gottliebsen & BartholomeuszNo carousel of other videos after the video ends.Federation Centres chief executive Steven Sewell tells Business Spectator's Alan Kohler, Robert...
View ArticleFederation Centres follows Westfield into the light
IndustriesPropertyStephen BartholomeuszThe Lowys are continuing to pursue their new ‘’capital light’’ model of retail property ownership. For slightly different reasons, Federation Centres, the old...
View ArticleUGL announces corporate review
By a staff reporterUGL Ltd will undergo a corporate review, encompassing a detailed audit of its management structure that could see significant changes to the group's executive team, including Richard...
View ArticleUGL shares rally on potential demerger
By a staff reporterUGL Ltd shares have soared after the group announced it might demerge its property and engineering divisions as part of a sweeping corporate review that could also see major changes...
View ArticleArchitects of housing fortune
IndustriesPropertyStephen KoukoulasHouse prices are surging and the rate at which prices are increasing is, if anything, accelerating. This should not only kill off the remaining iota of hope for a...
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Stevens is stuck between a frenzy and a hard place
EconomyInterest RatesRobert GottliebsenOne of the key bellwethers of the Australian dwelling market, inner Sydney apartments, has turned dramatically. This big change has implications for Australian...
View ArticleHome prices rise in March: RP Data-Rismark
By a staff reporterThe value of Australian homes continued to push higher in March, rising for the third consecutive month, according to a leading survey.The RP Data-Rismark Home Value Index showed an...
View ArticlePerth property prices hit record highs
AAPProperty prices in Perth have reached record highs, with the average house in the West Australian capital now selling for $510,000.David Airey, president of the Real Estate Institute of WA (REIWA),...
View ArticleMacquarie Bank eyeing expansion of home loan business
Macquarie Bank Ltd has significantly bolstered the number of staff charged with working alongside mortgage brokers as it looks to expand its mortgage business, according to The Australian Financial...
View ArticleHome sales sink in February: HIA
By a staff reporter, with AAPNew home sales fell sharply in February, after four consecutive months of growth, according to the Housing Industry Association (HIA).The HIA new home sales report showed...
View ArticleHome insurance costs to rise: IAG
In a sign that home insurance costs are set to rise further, Insurance Australia Group (IAG) says it expects its home insurance portfolio to rise by double-digit percentages for 2014-15, according to...
View ArticleGovt's significant investor visa scheme sparks Chinese interest
The federal government's significant investor programme has sparked interest from Chinese industrialists in investment bank Moelis & Co's $500 million property fund, according to The Australian...
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