What can we learn from rich lists?
IndustriesFinancial ServicesJames Kirby - The AustralianWe can learn a thing or two from any rich list. But first you must understand these productions are substantially fictional. Most researchers,...
View ArticleHome prices slide 0.9% in May
Home prices dipped in May for the first time in six months, with Sydney's booming property market losing a bit of steam.Home values in Australia's capital cities fell by 0.9 per cent, with drops...
View ArticleBuilding approvals fall in April
Building approvals have fallen back from record high levels in April, as the volatile number of apartments approved dived in the month, official data shows.The Australian Bureau of Statistics data...
View ArticleBanks urged to tighten lending
Two of the nation’s most powerful bodies, the Reserve Bank and Treasury, have ramped up pressure on banks to tighten lending amid Sydney’s property “bubble” and backed a probe into the lenders’ fat...
View ArticleChina new home prices increase in May
China's new home prices increased in May for the first time in four months as the effects of Beijing's loosening policies to boost the market kick in.The average price of a new home in China's 100...
View ArticleP2P lenders need to be tested by a recession
IndustriesFinancial ServicesAlan KohlerIt is pretty ironic that post-GFC bank regulation is focusing on the banks’ capital when their fast-growing attackers, the so-called peer-to-peer lenders, have no...
View ArticleUK house prices lift 0.3% in May
Britain's house prices increased by 0.3 per cent month-on-month in May, Nationwide Building Society reports.UK property values increased to £195,166 ($A385,094) on average, surpassing an all-time high...
View Article360 Capital extends ANI bid
Commercial property investment group 360 Capital has again extended its hostile takeover offer for Australian Industrial REIT, ramping up its language on the merits of a deal.It is the second time 360...
View ArticleSupply can quell housing 'bubble' fears
Treasurer Joe Hockey insists increasing residential construction is the best way to respond to concerns about a housing bubble."You've go to get the stock up," he told ABC Radio on Thursday, citing...
View ArticleIf Sydney's in a bubble, brace for a bang
EconomyAustralian NewsDavid Uren - The AustralianBubbles burst, so we should all hope that investment in Sydney’s housing market isn’t blowing one. It starts with the big operators -- the big funds,...
View ArticleChinese home purchase deplorable: Shorten
Opposition Leader Bill Shorten believes it's "absolutely deplorable" that a Chinese property developer could conceal investment in one of Sydney's most famous homes to dodge federal laws.Businessman...
View ArticleBuilders responding to house prices: Hockey
A global economic organisation has backed Treasury concerns about Australia's heated housing market.The Organisation for Economic Co-operation and Development, releasing its latest economic outlook in...
View ArticleUK house prices lift 8.6% annually
British house prices increased by 8.6 per cent year on year in May, Halifax bank reports.The average UK house price stood at ₤196,067 ($A386,453) in May after edging down by 0.1 per cent compared with...
View ArticleFederation sells Karingal stake
Federation Centres has sold its 50 per cent interest in the Karingal Hub shopping centre in Frankston, Victoria after an undertaking given to the Australian Competition and Consumer Commission....
View ArticleNegative gearing debate heats up
Negative gearing should be abolished and the billions in savings used to help house Australia's most vulnerable, deputy Greens leader Scott Ludlam says.The Greens are proposing to end the scheme on...
View ArticleNo housing bubble in Sydney: Frydenberg
Assistant Treasurer Josh Frydenberg is at odds with the Treasury boss, saying there is no housing bubble in Sydney.John Fraser last Monday told a senate hearing in Canberra that Sydney and wealthier...
View ArticleGoodman expands development plans
The country's second-biggest listed property investor Goodman Property Trust has ratcheted up development plans with four new industrial projects in Auckland worth $NZ45.8 million ($A42.33 million).The...
View ArticleForeign home buyers caught out in sting
Almost 200 cases of dodgy foreign buyers of Australian houses have been uncovered, some by neighbours dobbing in people suspected of hiding their home's ownership.Other foreign buyers have dobbed...
View ArticleThe states' housing tax sin
EconomyAustralian NewsCallam PickeringAustralian housing policy remains under the microscope, with the Greens announcing a plan to scrap negative gearing, but a crucial element of the housing debate...
View ArticleThe housing unaffordability myth
EconomyAustralian NewsAdam CarrHysteria is a funny thing. People seem to get so worked up about the latest meme that it blinds them to obvious truths; one being that housing is still actually very...
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