News
Rate confusion " The battle of economic ideas behind different interest rate forecasts
1+ hour, 32+ min ago (1116+ words) Over the past week or so, you've probably heard a fair bit about fixed'rate home loans from some banks being adjusted down. Not surprising, given cash rate forecasts in a couple of years are lower than the current 4. 35%. That is…...
Housing industry calls for radical cut to lot sizes to fix affordability crisis
2+ mon, 5+ day ago (440+ words) Smaller lot sizes should be on the agenda to stimulate supply says the HIA. State and local governments should consider radical moves like cutting residential lot sizes to address the lack of new housing supply and the affordability crisis, according…...
Bold claim on unit prices amid Mc Grath-Knight Frank launch
2+ mon, 3+ week ago (794+ words) Mc Grath Knight Frank principals Owen Moore, Henry Burke and Brennan Latimer. Undersupply and population growth could see prices of apartments bought off the plan on Australia's east coast rise up to 15 per cent by the time they're complete, it's…...
Business as usual" for commercial property despite RBA rate hike
4+ mon, 1+ week ago (847+ words) A partial reversal of the looser monetary policy in 2025 has many investors asking what it means " and experts are saying one hike to 3. 85% isn't a gamechanger. At its meeting on Tuesday, the Reserve Bank board elected to increase the cash…...
Former Noah's Backpackers sells for $60m
4+ mon, 2+ week ago (720+ words) The former Noahs Backpackers, now known as South Bondi Hotel, has sold for $60m. Six properties previously owned by bankrupt pub baron Jon Adgemis " including the former Noah's Backpackers in Bondi Beach " have gone to the one buyer. Tom Wallace's Millinium…...