HighlightHome sellers are being forced to discount asking prices by up to 5 per cent as buyers gain the upper hand.The shift reflects a cooling housing market whereDemandhas softened and buyers have more choice.Higher interest rates, affordability pressures and rising listings have shifted the …
A flagship policy designed to tackle Australia's housing crisis is under scrutiny after delivering far fewer homes than many expected. Labor's $10 billion housing fund, established to finance the construction of social and affordable housing, has so far delivered just 1432 homes, a figure …
As the costs of Australia's energy transition mount, one of its most important and ambitious projects is facing fresh scrutiny. Snowy 2.0, the giant pumped-hydro energy storage project intended to underpin a reliable, renewable-heavy electricity grid, has been beset by cost increases and delays, …
At the very summit of Australia's property market sit a handful of ultra-luxury residences whose prices defy ordinary comprehension, and one development has come to epitomise this rarefied world. One Circular Quay, a prestige development in a prime Sydney location, is home to a …
HighlightA new generation of Sydney billionaires is investing in shopping centres in a $126m deal.The move reflects renewed appetite for retail property after years of pressure from online shopping.Well-located retailAssetscan offer attractive income and value for long-term investors.The deal signals confidence in certain retail …
HighlightAustralian Unity has flagged a $600m property fund sell-down to easeDebtpressure.SellingAssetscan reduce debt and strengthen a fund's financial position.Property funds have faced pressure from higher interest rates and softer valuations.Selling in a difficult market can mean lower prices, but easing debt reduces risk.Watch the …
HighlightOlympic swimming champion Grant Hackett has reportedly bought a mansion for more than $13m.The sale reflects continuedDemandfor prestige property among high-profile and wealthy buyers.Trophy home purchases signal strength at the top end of the property market.The luxury segment often performs differently from the broader, …
HighlightAustralian architects are taking an affordable housing model to the United States.The model offers an approach to delivering affordable homes more efficiently and at scale.Exporting the model reflects confidence in its value and the globalDemandfor affordable housing solutions.Housing affordability is a challenge in many …
HighlightInvestmentmanager Barings has landed a $1.5b deal involving Moorabbin Airport in Melbourne.The deal reflects strong institutional appetite for large-scale Australian propertyAssets.Airport precincts can offer land, industrial, logistics and commercial property opportunities.Major deals signal confidence in certain property sectors despite broader market pressures.Watch institutional property …
HighlightSingapore's Jaleel family has acquired two Australian hotels for $100m.The deal reflects foreign appetite for Australian property and the appeal of the hotel sector.Hotels offer exposure to tourism and travel, with income from accommodation and operations.ForeignInvestmentin Australian property reflects confidence in the market and …