Home loan approvals beat expectations
The number of home loans approvals have continued to increase, defying economist expectations for a fall during the month, as record-low interest rates continue to support the housing market.Home loan...
View ArticleHockey backs foreign crackdown
Treasurer Joe Hockey doesn't believe cracking down on dodgy foreign investment in housing will damage Australia as a destination for other investment from overseas.Almost 200 cases of unlawful...
View ArticleFederation revamps executive team
Federation Centres will streamline its corporate structure as it prepares to implement its merger with Novion Property Group. As part of the revamp, the roles of executive general manager, investments...
View ArticleSydney housing affordable: Hockey
Joe Hockey does not believe Sydney housing is unaffordable.And if there is a housing affordability problem in Australia, the treasurer offers two pieces of advice: build more homes and "get a good job"...
View ArticleHockey slammed on affordability talk
Treasurer Joe Hockey has been labelled as being out of touch after he suggested struggling would-be first-home buyers "get a good job that pays well".Mr Hockey stirred a hornets' nest on Tuesday after...
View ArticleThe conspiracy to boost house prices
IndustriesPropertyRobert GottliebsenTo understand why Treasurer Joe Hockey defends the current level of house and apartment prices, you need to understand what would happen if dwelling prices fell...
View ArticleHockey defends housing comments
Joe Hockey understands the depth of feeling over his advice to first home buyers, but insists the federal government is helping them by working to create more, better paying jobs.The federal treasurer...
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Stockland secures US debt
Stockland has secured a new long-dated US private placement debt facility worth $359 million ($US274.25m). The funding -- to be used as part of the group's ongoing capital management program, including...
View ArticleFirst home buyers invest instead
Soaring house prices are forcing first time buyers to become property investors before they become purchasers of their own homes.And one researcher says that within a year, first time buyers in Sydney...
View ArticleSydney property 'not in bubble': ANZ
ANZ chief Mike Smith has called on regulators to carefully consider imposing tighter "macro prudential" limits on property lending, saying first home buyers have always struggled to crack the market...
View ArticleSydney house prices 'crazy': Stevens
Sydney property prices have gone "crazy", but record low interest rates aren't entirely to blame, Reserve Bank boss Glenn Stevens says.The RBA governor waded into the property debate on Wednesday,...
View ArticleStupidity is the biggest problem in the housing debate
EconomyAustralian NewsCallam PickeringRecent comments by Prime Minister Tony Abbott and Treasurer Joe Hockey highlight the biggest problem with Australia’s housing debate: pure unfettered stupidity....
View ArticleFirst home purchase is tough: PM
Prime Minister Tony Abbott says it's not impossible for Australians to get a deposit for their first home while paying off university debts, but he acknowledges the task is tough.The Prime Minister...
View ArticleGoodman reaffirms EPS lift
Goodman Group has reaffirmed it is on track to deliver a 7 per cent lift in full-year earnings per security, crediting sustained activity levels and its own strategy for the increase.At an investor...
View ArticleSCA Property halts shares
SCA Property Group has placed its shares in a trading halt as it prepares to raise capital to purchase a portfolio of three shopping centres.In a statement to the ASX, SCA said the proposed raising...
View ArticleFederation in $85m Tas sale
Federation Centres will sell three shopping centres in Tasmania to SCA Property Group for $85m in a deal expected to settle later this month, as it streamlines the business following its $22 billion...
View ArticleRent rise pace slowest on record
Rents in Australian capital cities are rising at their slowest pace on record.While Sydney and Hobart were the cities that posted the strongest rent rises in the year to May 31, steep falls in Darwin...
View ArticleRising house prices not all good news: poll
Property owners may think rising house prices are a good idea, but a new poll finds it's not so for the average Australian and definitely not for first homebuyers.An Essential Research online poll...
View ArticleTen events that could crash the housing market
IndustriesPropertyRobert GottliebsenWe are experiencing many warnings of housing bubbles, crazy house prices and other alarms. However, people ignore them and continue to buy dwellings, so prices...
View ArticleMirvac buys CIMIC Sydney site
CIMIC Group has sold a Sydney development site to property giant Mirvac for around $121 million.The company, formerly Leighton Holdings, said the sale was in line with its strategy to strengthen its...
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