Reserve Bank warns on commercial property
Australia's central bank Friday welcomed early signs of a slowdown in mortgage investor lending in the country's two biggest cities, but also warned of growing risks in commercial property. In a...
View ArticleShift seen in Aust housing market
Melbourne is set to surge ahead of Sydney and become Australia’s best performing housing market, with last week’s auction clearance rates in the NSW capital the lowest for the year, while action in the...
View ArticleBrookfield sell-off to test market
A slice of Brookfield Property Partners’ $2 billion sell-off is expected to come to a head this week in the next test for the soaring values of quality commercial buildings in Australia’s capital city...
View ArticleMcGrath edges closer to float
Momentum is building for the float of McGrath Estate Agents despite talk of a looming fall in residential property prices, with the starting gun expected to fire on the deal within days.Apparently,...
View ArticleHas Westpac really pricked the housing bubble?
Amid breathless talk from some economists of a “toxic” environment for the housing market and demands the Reserve Bank step in and cut rates in a fortnight, it’s worth reviewing the facts.The trigger...
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The looming risks to our housing market
The risks to the Australian financial system remain firmly rooted in our property sector, reflecting key risks to residential and commercial property, while evidence has emerged that bank lending...
View ArticleAust developers chase Chinese cash
It used to be Hollywood that staged red carpet premieres to promote blockbuster movies. Now, real estate developers in Australia are using the same tactics to sell glitzy apartments to Asia's rich....
View ArticleAust housing boom cooling: Domain
House hunters could soon breathe a sigh of relief, as Domain economists have called time on Australia's property boom.Melbourne and Sydney, the nation's heavy lifters, reported sharp declines in the...
View ArticleProperty market won't collapse: Goldman
Goldman Sachs has poured cold water on the notion that the Australian property market will collapse, instead predicting a gradual cooling of home prices even as the Reserve Bank may make two more cuts...
View ArticleHousing credit growth still rising: APRA
The banking regulator is on alert over deteriorating credit standards amongst the nation's mortgage lenders, its chairman says."The rate of growth in credit for housing is, in aggregate, still...
View ArticleLowy to retire as Scentre chairman
Frank Lowy is set to retire as chairman of Scentre Group in May 2016, to be replaced by deputy chairman Brian Schwartz.Mr Lowy said he believed it was the right time to depart the company as it has...
View Article360 Capital gains complete control of ANI
360 Capital Management Group has reached the compulsory acquisition threshold for remaining shares in rival fund manager Australian Industrial REIT, following a lengthy play for control which began...
View ArticleStockland reaffirms guidance
Stockland say it's on track to meet its forecast for underlying earnings per share growth of between 6 to 7.5 per cent this financial year after a "robust" first quarter.Australia's largest listed...
View ArticleThe banks have altered the property game
What do buyers in Sydney’s north-western suburbs -- from Baulkham Hills to Epping -- know about real estate that is missing from most other markets?At the weekend, while the action clearance rates in...
View ArticleFletcher Building wins SkyCity build
Fletcher Building's construction unit has won the $NZ477 million ($A446.59m) contract to build SkyCity's national convention centre, five-star hotel and associated infrastructure in Auckland.Work on...
View ArticleStockland eyes dividend lift
Stockland plans to lift its dividend by just over 2 per cent this financial year, bar any "major disruption" to its markets.Chairman Graham Bradley said the company would seek to lift its payment from...
View ArticleProperty investors look to Brisbane
A crackdown on lending to property investors hasn't dampened their appetite, with many looking to Brisbane as the next hot spot.Almost two thirds of property investors are looking to buy a residential...
View ArticleBank rate hikes buoy Mortgage Choice
Bank home loan rate hikes have raised the ire of consumers and the federal government, but Mortgage Choice boss John Flavell believes the company can capitalise on the market volatility.Mr Flavell said...
View ArticleMcGrath’s pre-float agency swoop
New information about a formative acquisition has revealed the magnitude of McGrath Real Estate’s appetite for growth in the lead-up to its $300 million IPO.The group founded and led by John McGrath...
View ArticleLJ Hooker seeks $22m
The owners of LJ Hooker and its advisers, Citi and Morgans, are believed to be making attempts to secure $22 million ahead of the company’s initial public offering to pay down part of a $61m loan to...
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