Property

The market is taking off again as a growing population tries to squeeze into too few properties.

Housing risk overdone, RBA unlikely to cut: Morrison

Treasurer Scott Morrison said debate on Australia's housing market is prone to exaggeration - even as Sydney property prices rise anew - and indicated he doesn't see much appetite at the central bank for further cuts in the nation's already record-low interest rates.

Andrew Thorburn, chief executive officer of National Australia Bank, speaks at a parliamentary hearing.

NAB cautions on apartment glut

National Australia Bank has highlighted risk of an apartment glut in parts of inner Sydney and Melbourne, as a separate survey suggested hundreds of thousands of indebted Australians had not equity in their properties.

After more than two decades of operation, Melbourne transsexual brothel PleasureDomehas sold.

Bomber-led consortium sells Armstrong Creek land for huge profit

A consortium of high profile investors including former Essendon Football Club captain Mark "Bomber" Thompson are sharing in a major property windfall, reaping a speculated $32 million from a sheep station they bought for $3.8 million ten years ago between Geelong and Torquay.

Charles Wright took his inspiration from the nearby Macedon Ranges, loosely interpreted in a series of undulating forms.

New wing plays starring role at Kyneton hospital

The District Health Service Hospital in Kyneton was redesigned 12 years ago. More recently, the star-shaped hospital required an additional 'arm', an ambulatory care centre. Rather than create a new freestanding building, the brief from the Victorian Department of Health together with Kyneton District Health was for both wings to be integrated.

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