Australia has a property bubble? Look again
As regulators crack down on lending, chances are the rest of the country will pay for the excesses of easy money and federal politics in Sydney and Melbourne.
Property
Australia Post will reach out to help Amazon
Australia Post is in the box seat to work with the global online giant Amazon, when it officially opens in Australia.
Is there a fix for housing affordability?
Despite taking a hammer blow from the financial crisis London is one of the most effervescent – and infuriating – housing markets in the world. Sound familiar?
Transport companies driving industrial growth
Transport and logistics are driving Melbourne's industrial market, accounting for 36 per cent of newly leased space over the past year.
Westfield eyes 1500 apartments in US, UK next year
Global retail giant Westfield plans to gain a foothold in the US and UK housing markets.
Fridcorp's bid for 37-storey skyscraper thrown out
Developer Paul Fridman has failed in an ambitious bid to construct a 37 storey tower, two and half times the local height limit, on a South Yarra block next to Larry Kestelman's $500 million Capitol Grand building.
WeWork takes second space in Melbourne CBD
US co-working juggernaut WeWork is understood to be taking office space in the London Stores building in the Bourke Street Mall. The 5000 square metre space above the shopping thoroughfare will be WeWork's second office in Melbourne.
Apartment hotel projects gain traction
Demand is on the rise for apartment towers that can be used as hotels.
Auction sales reap $18.5m
It was fast and furious at the recent auctions for assets from Willoughby to Gosford.
Cotton On tops Chadstone office tower
Geelong-based retailer Cotton On Group has snapped up the final floor of Chadstone Shopping Centre's new $85 million office tower.
Failed home builder Watersun Homes 'could have been trading insolvent': administrators
Failed builder Watersun Homes could have been trading insolvent for more than a year before its collapse.
Deposit, salary stymie Aussie millennials' home ownership dreams
Just 28 per cent of Australian millennials own a home, only marginally higher than their peers in the United Arab Emirates, a survey has found.
Swisse spoils spent on another Melbourne commercial site
Stephen Ring, who pocketed a speculated $1 billion selling the Swisse vitamins business, has bought the former home of the renowned Society restaurant.
Time to savour a dedicated space to wine tasting
TarraWarra Estate's new cellar door provides guests with a different experience to what's already on offer.
Investa Office bid puts property in the spotlight
The Cromwell offer for Investa Office Fund, valued at about $3 billion, has ignited a fresh round of interest in the real estate investment trust sector.
Leasing Ladder
LEICHHARDT $443.90 sqm gross
Cromwell lobs $3b bid for Investa Office Fund
Cromwell Corporation has ended months of speculation by making an after-market unsolicited, indicative, non-binding proposal for Investa Office Fund, valuing it about $3 billion.
Suburban shops selling for record rates
A Carnegie shop sets new record for a sale in the area on a record low yield of 2.53 per cent.
Menswear retailers on the move
Melbourne's Collins Street menswear retailers are on the move with both Fletcher Jones and MJ Bale taking new spaces.
Broadway Plaza in Punchbowl goes for $41.2m
Real Asset Management Group has emerged as the buyer of the Broadway Plaza, Punchbowl, paying $41.2 million to creditors PPB Advisory.
Land sales increase to $13 billion
Australia's greenfield residential land market grew 6 per cent last year with 57,381 lots released, according to a new State of the Land report.
Walker Corp kicks off $2b Parramatta project
Walker Corporation has moved a step closer to the rejuvenation of the $2 billion Parramatta Square precinct
Charter Hall undertakes $200m debt placement
Property landlords are now weighing into the favourable debt markets.
Gen Z attracted to social bricks-and-mortar shops
Offering the on trend clothes with an internet option to collect and providing a social meeting place, will always entice the Gen Z spenders into a physical shop
Six childcare centres up for grabs
A portfolio of six newly developed Victorian childcare centres offered to the market for the first time are expected to fetch $50 million.
Ixom signs anew at 1 Nicholson
Chemicals company Ixom has renewed its lease on Melbourne's first glass skyscraper in the north-east fringe office precinct. Charter Hall's Direct Office Fund has leased three floors at 1 Nicholson Street, the 12-storey tower built for Orica in 1960. Ixom, formerly Orica's chemicals arm, was sold to the Blackstone Group in 2015
Melbourne University to offload Sturt Street car park site
Melbourne University has moved to offload a large vacant site in Southbank now used as a public car park as it seeks funds to build the new home for the Melbourne Conservatorium of Music nearby.
Former Sydney hotel transformed into pop-up home for vulnerable youth
Developer TOGA and real estate investor Qualitas have transformed the former Addison Hotel in Kensington in Sydney's east into pop-up accommodation for vulnerable youth, after donating the vacant building for a minimum of 12 months while it awaits development approval.
ASIC joins interest-only home loan crackdown
The corporate watchdog has announced targeted surveillance of lenders and mortgage brokers who are inappropriately spruiking interest-only loans.
Another millionaire cashes in on apartment boom
Robert Le Tet – a low-profile member of Melbourne's establishment for more than three decades – is the latest businessman seeking to replace his company's inner-city headquarters with an apartment building.
Small Business
Call for ASIC and ACCC to investigate 'coercive' small business loans
The regulatory watchdogs are under pressure to investigate big businesses forcing loans on small businesses.
Working from home trend must be part of urbanisation policy
Why don't governments and companies focus on targets for home-based workers?