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Property News

Saturday December 7, 2019

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Vic Premier Distanced from Developer
Business
Wednesday December 4 2019

Vic Premier Distanced from Developer

Victorian Premier Daniel Andrews has put himself at arm's length from a developer embroiled in alleged corruption, despite dining with him at a Melbourne restaurant.

Is Garden Area Adding to Development Costs
Zoning
Wednesday December 4 2019

Is Garden Area Adding to Development Costs

The recent introduced Garden Area (GA)  requirement is reducing development yield and making housing unaffordable.

South Australia land tax changes approved
Commercial
Friday November 29 2019

South Australia land tax changes approved

The South Australian government's controversial changes to land tax have passed state parliament.

We plan for traffic. What about the homeless?
Residential
Friday November 29 2019

We plan for traffic. What about the homeless?

In London someone becomes street homeless, for the very first time, 22 times a day – almost one person every two hours.

Home auctions spike to test buyer demand
Residential
Monday November 25 2019

Home auctions spike to test buyer demand

Home buyer demand is expected to be tested in coming weeks as the number of properties going to auction increases in Australia's capital cities.

Stumbling WeWork to lay off 2400 employees
Commercial
Friday November 22 2019

Stumbling WeWork to lay off 2400 employees

WeWork is laying off about 2,400 employees, almost 20 per cent of its workforce, as the office-sharing company seeks to drastically cut costs after it transformed...

Sydney Ritz-Carlton proposal rejected
Zoning
Thursday November 21 2019

Sydney Ritz-Carlton proposal rejected

Plans for a 66-storey five-star hotel in Sydney's Pyrmont have been rejected for a second time, this time by the NSW Independent Planning Commission.

Aussie auction sale rates soar for year
Residential
Monday November 18 2019

Aussie auction sale rates soar for year

Australian capital cities had the second busiest week of auctions for the year with more than 2500 homes going under the hammer.

Business
20 h
Qld council seeks $2.5m from Palmer firms

A Queensland council is pursuing two of Clive Palmer's companies in court seeking millions owed in rates and water charges.

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Business
20 h
NSW real estate agent stole from tenants

A Sydney real estate agent who had a penchant for cocaine and used tenants' rental bonds to fund his addiction has been spared jail.

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Business
Oct 22 2019
AMP infrastructure fund raises $6 billion

AMP Capital has raised a record $6.2 billion for its fourth infrastructure debt fund.

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Business
Aug 27 2019
Chinese developer 'had $100K in Aldi bag'

A Chinese billionaire who is now banned from Australia delivered $100,000 cash in a plastic Aldi shopping bag to NSW Labor's party headquarters in Sydney, the...

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Business
Aug 9 2019
Aussie Earnings Rise Amid REA Profit Drop

REA Group has posted a big drop in full-year profit but local earnings grew 9.5 per cent despite a residential listings slump and what the realestate.com.au...

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Residential
Jul 25 2019
Sydney house price fall is slowing: Domain

Sydney's embattled property market may finally be bouncing back after consecutive rate cuts and better lending conditions eased buyer tensions, according to a leading property economist.

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Business
Jul 15 2019
Property council hits out at SA land tax

Proposed changes to land tax in South Australia could have a devastating impact on property owners and the economy, the state's Property Council says.

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Residential
Jul 15 2019
Oversupply to Cap House Prices: Forecaster

A home-building surge in recent years is likely to stave off a major rebound in Australian property prices, an economic forecasting agency says.

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Residential
Jul 11 2019
Rental prices for Sydney units fall 5%

Rental prices on Sydney units have fallen by almost 5.0 per cent over the year on an influx of new supply but remain "significantly" higher than...

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