Yesterday
- Exclusive
- Property market
Former AFL star pays $190m for Cranbourne Golf Course
The 70-hectare site in Melbourne’s south-east will support up to 1500 new homes with an end value of about $1 billion.
- Larry Schlesinger
This Month
Demand for housing and sheds to drive Frasers forward
Frasers’ booming Australian residential and industrial businesses will help drive profits at the Singaporean giant, after they fell at the half-year stage.
- Larry Schlesinger
- Updated
- Tax disputes
Lendlease tax woes could trigger second profit downgrade
John Wylie’s Tanarra Capital is pushing for a seat on the Lendlease board, as the country’s largest property group faces the prospect of a damaging profit downgrade after tax officials handed it a $112 million bill.
- Updated
- Michael Bleby, John Kehoe and Aaron Weinman
House builders can’t compete with states’ cash splash
In the race for talent and materials in Australia’s construction game, housing has consistently run in second place to the infrastructure sector.
- Michael Bleby
- Exclusive
- Construction
Gurner-Roberts merger plan sinks
A lack of “chemistry” between the two Rich List business leaders also hindered a merger of their development and construction businesses.
- Michael Bleby and Larry Schlesinger
Dutch pension fund giant puts $700m into Sydney build-to-rent start-up
Apt.Residential has won the backing of PGGM, which has committed $700m to the rollout of 2500 apartments.
- Larry Schlesinger
- Analysis
- China
Why the Chinese are warming to ‘second-hand’ homes
With tens of thousands of new developments yet to be completed, house hunters are looking again at older buildings. End buyers don’t trust developers any more.
- Thomas Hale, Wang Xueqiao, Andy Lin and Chan Ho-him
Landlords offered $5000 lure for housing fix
Amid a surge in Perth property prices, the WA government will give owners of vacant homes $5000 if they make them available for long-term renters.
- Tom Rabe
Victoria open to tax breaks to boost home building
Premier Jacinta Allan says her Labor government is open to pulling every lever available to boost housing supply, after developers called for taxation tweaks to boost investment.
- Gus McCubbing
- Exclusive
- Construction
Red tape puts Labor’s $10b HAFF housing plan at risk
The federal government, set to fall 300,000 homes short of its 1.2 million target, faces another hurdle over workplace health and safety certification.
- Michael Bleby
‘Larger than life’: packed memorial farewells Lang Walker
Friday’s two-hour public service for the property developer and Rich Lister, who died in January, was attended by a who’s who of Australian business and politics.
- Robert Harley
$10b housing fund should be doubled, community providers say
The massive response to the federal government’s first tender to develop affordable and social rental housing shows more funding is needed, developers say.
- Michael Bleby
A housing boom is coming – for the wealthy
Investors, downsizers and upgraders will drive the next wave of residential development. First home buyers will hardly get a look in.
- Michael Bleby
- Opinion
- Opinion
Housing construction is collapsing around Australia. Here’s why
Developers can charge buyers more, or the costs can come down to make apartment developments viable. It’s clear which is better, Robert Harley writes.
- Robert Harley
- Exclusive
- Commercial real estate
Addenbrooke sells site meant for controversial land swap deal
The property developer has sold the Sydney site that sparked a reshuffle of the A2B board, ending an almost three-year saga.
- Campbell Kwan
Planning delays transformed into social housing solutions at Toga
Property developer Toga turns vacant apartments and retail spaces in projects awaiting planning approval into pop-up accommodation for vulnerable communities.
- Larry Schlesinger
April
- Opinion
- Opinion
Why Australia can’t build enough new homes
The nation’s housing ambitions are way off target. That means the price of new homes and rentals will continue to climb, compounded by still high immigration numbers.
- Jennifer Hewett
Lendlease needs ‘wholesale change’ now: Allan Gray boss
Allan Gray boss Simon Mawhinney says change that would restore shareholder confidence in the property developer should come immediately.
- Michael Bleby
Stockland says interest rates key to further market improvement
The country’s largest listed diversified developer said sales picked up in the March quarter, but lower borrowing costs were needed for the housing market to pick up.
- Updated
- Michael Bleby
High costs to delay housing supply until end of decade: AFR survey
It’s a case of simple economics choking off the desperately needed supply of new housing as building costs rise faster than house price growth.
- Nick Lenaghan