No principal was paid in Westpac's interest-only loan glitch
A glitch in Westpac computer systems meant that home buyers interest-only loans failed to convert to principal and interest, leaving home owners with an unexpected large debt.
Unibail investors will back Westfield deal: CEO
Unibail-Rodamco CEO Christophe Cuvillier says European investors will back the $33b Westfield deal that will create the world's best "clicks-to-mortar" business.
House prices to slide in 2018 despite jobs boom
After forecasting house price rises every year since 2013, I'm happy to double-down on our April 2017 call that the boom is over.
Purplebricks Australia sales top $1.1b
UK fixed-fee disruptor Purplebricks sold $1.1 billion of residential real estate - around 2200 homes - in its first 14 months of operations in Australia.
Pelligra Group unveiled as buyer of Holden site
Melbourne-based developer Pelligra Group has been revealed as the buyer of the Holden car manufacturing site in northern Adelaide, and will rebadge it as Lionsgate Business Park.
NSW budget banks on housing prices not falling
The mid-year budget update predicts house prices will stay well above last year's levels, underpinning an impressive $3.3bn budget surplus t...
Westfield's OneMarket to beat Amazon at its own game
"We're taking the technology advantage and applying it to the physical world."
Tenant NextDC wants to wind up data centres trust
Data storage operator NextDC wants to wind up boutique trust Asia Pacific Data Centres after its management was taken over by fund manager 3...
Lowy on life after Westfield
"Most of that box ticking that was created over the last 15 years or so was a waste of time. It didn't add value, it stifled entrepreneurshi...
ANZ downgrades house price outlook, but no crash
ANZ has downgraded its outlook for the housing market in 2018 and now expects capital city house prices to rise just 1.5 per cent next year,...
