Sydney's newest penthouse sold for $17 million
A local buyer bought the off-the-plan top floor apartment as buyers rushed to snap up units before Saturday's public sale.
A local buyer bought the off-the-plan top floor apartment as buyers rushed to snap up units before Saturday's public sale.
Australia Post's planned sale of Sydney's historic GPO building to foreign buyers puts the complex at risk, the head of the National Trust NSW says.
Former RBA governor Glenn Stevens has blamed negative gearing for the lack of investment by corporates in rental housing.
The volume of new apartment sales in Brisbane has collapsed by more than 70 per cent in a year, according to analysts Urbis' latest market report.
NSW will scrap stamp duty for first-home buyers on existing and new homes up to $650,000 from July 1, as part of measures to lift affordability.
Having intricate knowledge of government sale processes is beneficial for investment banks, particularly in an era of privatisations.
They may be cheap, but cutting stamp duty means prices will rise without a lift to supply at the same time.
Gladys Berejiklian has adopted popular measures often at odds with advice she sought from former RBA governor Glenn Stevens.
The new Victorian Police Centre exceeds planning rules but the city hall says it's worth it and should be approved.
The NSW government's plans to make residential developers foot the bill for infrastructure spending in new housing precincts will lead to hi...
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