Albanese rules out NDIS means test, flags housing tax overhaul
Prime Minister Anthony Albanese has left the door open to housing tax changes including limits on the number of properties that can be negatively geared.
New player enters land development scene with $180m in purchases
A perfect storm of slow growth in Japan, a shortage of homes in Australia and a wish to allocate capital outside the US has triggered NEX’s expansion.
Developer takes on $300m hotel, housing project in Airlie Beach
Sydney-based Michael Akkawi has taken over an ambitious 12-storey project that locals don’t like. But he says the mood is changing in its favour.
Brighton’s luxury property market bounces with deals totalling $50m
Business bigwigs are making significant property moves in this bayside suburb of Melbourne, but they are going under the radar in off-market deals.
Publican brothers tap into hotels boom with $54m Sydney deal
The Oscars hotel group’s Mario and Bill Gravanis are consolidating their position as leading pub owners, adding a Bankstown venue to their expanding portfolio.
Geelong tempts developers as its population and house prices boom
Leaf Corporation and Square Peg’s Justin Liberman have bought a third Geelong site, completing a real estate jigsaw that could unlock $1 billion in development.
Why the best paid and most educated generation is falling behind
Higher incomes and more education have not helped Gen Z when it comes to the Australian dream of home ownership. Can Treasurer Jim Chalmers help?
March
Tony Denny snaps up Rose Bay home with harbour views
The five-bedroom house, acquired by the chief executive of private lending business Central Real Capital, had been listed at about $60 million.
Trump wants to take Iran’s oil; Webjet splits with CEO; Where property pros would invest $1m
Read everything that’s happened in the news so far today.
Where the property pros would invest $977,579 right now
From Footscray terraces to units in coastal Port Phillip, five property professionals give us their top picks for the rebounding Victorian market.
Parents buy $760,000 apartment for young children
Affordability concerns are prompting an increasing number of families to purchase for kids. But it doesn’t always play out as planned.
Conexus Financial boss trades properties for Southern Highlands estate
Colin Tate and husband Matthew Fatches are trading their farm and Sydney terrace for a country escape in NSW’s playground for the wealthy.
Property investing will (probably) never be the same. What to consider
With a capital gains tax overhaul anticipated in the May budget, buyers’ agents say some investors are selling but others are preparing for a long-term “buy and hold” approach.
Auction rates crash as higher rates, Iran war takes toll on buyers
The proportion of real estate sold last weekend fell to its lowest level in 15 months amid fears the Middle East conflict will send interest rates soaring.
What this Sydney silk learnt behind the bar (of his own pub)
It was serendipity that a budding Sydney barrister purchased a venue called the Courthouse Hotel nearly 40 years ago. Now, Brian Dooley is calling time.