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Unit developments ‘on verge of being mothballed’
Australia’s building industry is facing a crisis as overseas investors retreat following changes to foreign investment regulations.
ECONOMY • Sun, 21 Aug 2016
‘Tsunami of supply’ to hit housing markets
A new report from BIS Shrapnel has warned that slowing population growth and an oversupply of apartments will pave the way for a 50 per cent fall in home building ...
ECONOMY • Mon, 01 Aug 2016
Unit construction activity rises, completions down
New figures reveal that unit construction has reached an all-time high in three states, while unit completions have fallen for the second consecutive quarter.
ECONOMY • Thu, 28 Jul 2016
Investors own half of all Australian apartments
As the future of negative gearing hangs in the balance, a new report has found that almost half of Australian units are owned by investors.
ECONOMY • Thu, 23 Jun 2016
‘Ingredients in place for Australian housing crash’
A new report has warned that property investors could be hit by a severe housing downturn if credit growth moves into negative territory.
ECONOMY • Mon, 06 Jun 2016
Investors ignore warnings for off-the-plan property
Despite various predictions that an apartment oversupply will be the catalyst for a significant price collapse, investor demand for off-the-plan inner-city developments ...
PROPERTY • Wed, 01 Jun 2016
‘It’s going to be a whole lot worse’: Montgomery
Property prices are tipped to plunge significantly due to a massive oversupply of apartments, as developers continue to secure funding despite the banks pulling back on ...
ECONOMY • Sun, 29 May 2016
Regulators target property spruikers with new campaign
Two consumer regulators have released warnings about dodgy property investment schemes as part of a national campaign.
PROPERTY • Wed, 25 May 2016
Former PM joins negative gearing debate
With the negative gearing debate refusing to go away, former prime minister John Howard has reminded voters of where it all went wrong.
ECONOMY • Tue, 24 May 2016