Blackstone creeps toward Investa clincher as Canadians hover
The Investa Office Fund board is inching toward endorsing a revised takeover offer from Blackstone worth more than $3.3b.
Investor home lending at lowest level in nine years
Investor home lending fell to its lowest level in nine years in July as banks tightened housing credit for investors, spurred by the banking royal commission and APRA.
Lenders slash rates and fees for spring sales
Lenders are launching a round of 'spring specials' in a bid to attract new borrowers, with offers of 145 basis point discounts, cash prizes, air miles, and waiving fees and charges.
Rising rates put pressure on property investors
Rising interest rates, an oversupply of apartments, low auction clearance rates, falling property prices and vendor discounting are increasing pressure on investors and smashing market sentiment.
Desane gives up Rozelle site for $78m
Desane has been forced to sell a development site in Sydney's inner west to the NSW government after losing a court battle.
Promote women on 'merit alone'
Lendlease executive Kylie Rampa says quotas create the risk that women receiving promotions will create tension in the workplace.
House price correction will get worse
Assuming NAB follows ANZ, CBA and Westpac's lead and boosts variable mortgage rates, the current housing correction should extend a little.
Blackstone tops Oxford in fresh bid for Investa fund
Blackstone has topped up its bid for Investa Office Fund to more than $3.3b in an effort to bury a rival proposal from Oxford.
Lacrosse shows why you need a smoke alarm
While Lacrosse tenants may bear some responsibility for the cladding fire, there is dispute over the size of the claim.
Urban growth suburbs rise most in municipal valuations
Municipal valuations have risen most in Melbourne's urban growth corridors in the south-east and south-west of the city.
