Australian Capital Territory
residentialThree pressure points that can swing property purchase negotiations in your favour: Michael Yardney
Savvy property investors know how to negotiate a better deal for themselves by applying pressure to three critical negotiating points.
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schoolsThe schools that ate Sydney: no stopping prestige school expansion as they buy up the neighbourhoods
Not just Bellevue Hill as remaining local residents see the acquistory ways of prestige schools all across Sydney.
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commercialConsumer confidence, funding and lack of development sites the biggest challenges for commercial property businesses: NAB index
Respondents to the survey also have modest interest rate cut expectations over the next 12 months with just 10 basis points expected to be shaved from commercial lending rates.
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industry newsBunbury property management firm fined $10,000 for late bond lodgement
Just Property Management (WA) Pty Ltd took between 17 and 46 days to lodge 37 bonds totalling more than $50,000.
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trendsAustralians should still be encouraged to contribute more towards their super: Ken Raiss
People are living longer and the tax rules and benefits need to reflect the growing uncertainty that comes with old age and need for greater flexibility.
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designDarling Quarter project claims PCA development of the year title
Lend Lease’s Darling Quarter and Commonwealth Bank Place development in Sydney took out four awards on its way to claiming the top gong at the 2013 Property Council of Australia / Rider Levett Bucknall Innovation and Excellence Awards.
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newsWhy yield investors are returning to Australian residential property markets: Cameron Kusher
Investors are back as weekly rents have increased by 3.5% over the past year while value growth has been moderate.
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commercialWestfield’s Frank Lowy rises above Ivan Glasenberg as second richest Australian with Meriton’s Harry Triguboff up to sixth richest on 2013 BRW Rich list
Meriton boss Harry Triguboff, who turned 80 this year, has risen up one place from seventh to sixth with a fortune estimated at $4.95 billion up from $4.85 billion a year ago.
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commercialPerth and Melbourne office markets have the brightest prospects as commercial property sentiment lifts: NAB Index
Capital offices values in Victoria are forecast to rise by 2.7% over the next 12 months and then by 4.2% over the following 12 months to March 2015.
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trendsBudget woes sees consumer sentiment fall to lowest level since August 2012, but housing sentiment lifts: Westpac index
Sentiment about the housing market defied the overall drop in consumer confidence with the ‘time to buy a dwelling’ sub-index lifting 11.2% in May to be up 20.7% over the past 12 months.
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