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 […]
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Domain Pent-up buyer demand, low interest rates and an extraordinarily tight rental market have helped fuel a mini-boom within the Perth property market. Following a dip during the height of COVID-19-related restrictions, interest in Perth real estate has returned, Domain senior research analyst Nicola Powell said. To read the story in full, including comments from […]
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THE RECENT REPORT BY THE ECONOMIC REGULATION AUTHORITY INTO MICROECONOMIC REFORM INCLUDED A RECOMMENDATION TO ABOLISH KEYSTART, WHICH IS THE GOVERNMENT AGENCY THAT PROVIDES MORTGAGES TO ELIGIBLE PEOPLE TO PURCHASE NEW OR EXISTING HOMES WHO MAY NOT OTHERWISE OBTAIN COMMERCIALLY AVAILABLE FINANCE. The argument for the abolition of Keystart is premised on a very narrow […]
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