RBA feared home lending 'uncertainty'
The Reserve Bank of Australia (RBA) was concerned about surging home prices in December last year, before the financial regulator and the RBA announced measures to dampen property speculation,...
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Investors are knocking the property market out of kilter
EconomyAustralian NewsCallam PickeringIs the housing market on the verge of easing? Not if property investors get their way. Easing growth within the owner-occupier segment -- including fewer...
View ArticleConsolidated Properties gets the IPO bug
Queensland-based Consolidated Properties is the latest real estate business in the state to consider listing on the ASX, potentially following other property developers and investment firms into...
View ArticleMost Sydney houses to pass $1m
Buying a Sydney house will cost most people $1 million or more by year's end.The Domain Group's Home Price Report showed that the median price for a fully detached house in Sydney rose 3.6 per cent in...
View ArticleGovt links SIV scheme to start-ups
The federal government is set to release a revamped Significant Investor Visa (SIV) program today, forcing foreign investors who want to acquire citizenship to set aside $2.5 million for investing in...
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Three reasons to worry about rampant house prices
IndustriesPropertyVictoria ThiebergerInvestors and speculators in Australia’s property market would be right to feel unsettled by the dramatic actions taken by the Reserve Bank of New Zealand this week...
View ArticleNZ's Key unveils new property tax
New Zealand's government is set to tighten the country's property tax laws amid growing concerns about the overheated Auckland housing market and what will happen if prices fall sharply. Prime Minister...
View ArticleMedcraft worried about key property markets
House prices in Sydney and Melbourne are reaching worrying territory, says the head of Australia’s corporate watchdog.Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft told...
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The forces driving foreign buyers to Aussie real estate
IndustriesPropertyFlorence ChongHigher government taxes and tougher legislation are unlikely to deter the nouveau riche of Asia seeking to diversify their investment portfolios.Residential real estate...
View ArticleChina new home prices fall in April
The average price of new homes in 70 Chinese cities fell for the eighth consecutive month in April, down 6.1 per cent according to newly released data.The fall in new home prices was unchanged from the...
View ArticleMajor banks tighten loans to investors
The major banks have ramped up actions to slow lending to property investors in the face of growing regulatory heat and surging prices in Sydney, increasing the cost of loans and tightening...
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A tale of two property booms
EconomyAustralian NewsRichard Gluyas - The AustralianThe recent spike in Sydney and Auckland property prices is a tale of two booming markets leading to dramatically different regulatory...
View ArticleHousing demand set to wane: UBS
As fears grow of a bubble in Sydney's soaring housing market, one economist says there are already signs demand for residential property is starting to wane.UBS Australia chief economist Scott Haslem...
View ArticleSpending picks up in April: CBA
Economy-wide spending picked up in April helped by lower interest rates and surging house prices.The Commonwealth Bank's Business Sales Indicator (BSI), which tracks credit and debit card transactions...
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ACCC clears Federation-Novion merger
The Australian Competition and Consumer Commission said it was giving the green light to the $22 billion merger between Federation Centres and fellow property giant Novion, after the groups agreed to...
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Putting the squeeze on foreign investors
PoliticsFederal BudgetDavid Uren - The AustralianThe budget achieves what may be a world first with the imposition of a tax on foreign investment. It is styled as a “user charge”, but the $735 million...
View ArticleMark Moran builds ultra-luxury aged care
Mark Moran of the fractured Moran family is going it alone to develop a series of ultra-luxury retirement facilities staffed by former employees of high-end resorts such as Queensland’s six-star Hayman...
View ArticleThe super housing idea that's full of flaws
EconomyAustralian NewsCallam PickeringShould Australians be allowed to access their superannuation to pay down their mortgages? As my colleague Miranda Maxwell summed up earlier this week, research at...
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What keeps top fund managers awake at night
Business SpectatorMarketsVictoria ThiebergerAustralian investors have gradually increased their allocation to international equities in recent years at a time when the local market has persistently...
View ArticleAustralians will be squeezed by the housing supply shortage
IndustriesPropertyRobert GottliebsenAll the ingredients are in place for a dramatic escalation in dwelling prices in both Sydney and Melbourne over the next 15 years. Few Australians have any concept...
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