Australian Financial Review A surge in holding costs, squeezed profit margins and a collapse in the off-the-plan apartment market are fuelling a sharp rise in the number of development sites being put up for sale, many of which have existing permits. In some cases, developers are coming under pressure from their lenders to put their […]
Australian Property Investor Magazine As more Australians than ever sleep in tents and cars, the Chair of the National Housing Finance and Investment Corporation has declared Australian housing is facing its most crucial week in a generation. Major daily newspapers are running front page stories of homeless people forced by a rental crisis into sleeping […]
Business News Perth has surpassed Adelaide as the most affordable capital city in Australia for land prices for the first time in a decade, according to a development institute’s annual report. The Urban Development Institute of Australia launched its State of the Land Report at its national congress in Perth today. According to the report, […]
Business News Aleading property expert says there is a lot of opportunity in the build-to-rent market for developers, but the sector needs to be repositioned to capture more market share. Speaking at the Urban Development Institute of Australia’s national congress in Perth, National Housing Finance Investment Corporation (NHFIC) chair Adrian Harrington said the build-to-rent (BTR) […]
The Property Tribune Mosaic Property Group is incredibly mindful of the footprint they leave behind, both on the growing footprint of South East Queensland communities where it develops and on the environment. For a private developer, they are one of the most advanced in their genuine commitment to sustainability and remain focused on continuing to […]
The Property Tribune The establishment of Infrastructure WA (IWA) in June 2019 was a milestone for the state and a significant step toward the more strategic and coordinated delivery of major infrastructure in WA. UDIA WA welcomed the launch of the first State Infrastructure Strategy (Strategy) discussion paper in 2020 and the final Strategy that […]
The Property Tribune The residential property market in Australia has navigated a tumultuous period from the outset of the pandemic. Building booms across the country fed by the Federal and various state stimulus packages introduced to keep the economy moving caused unintended chaos, not just here in WA, but in other states as industry struggled […]
The Property Tribune The fact that Australia, and indeed many countries across the globe, has an aging population has been a known challenge for decades. The most recent Intergenerational Report published in 2021 provides an outlook for the economy and the Australian Government’s budget over the next 40 years. That report clearly outlines how structural […]
The Property Tribune The UDIA National Congress will be held in Perth from Monday 27 to Wednesday 29 March 2023 and features a range of high-profile speakers sharing their expert knowledge about the property market, the economy and a range of issues impacting our industry. Mark Bouris AM is one of Australia’s foremost financial advisors […]