Yesterday
No end in sight on housing impasse as O’Neil takes fight to Greens
Greens spokesman Max Chandler-Mather savages housing minister’s claim that Treasury modelling shows 160,000 new rental properties would be built in a decade.
- Tom McIlroy
This Month
Tax fraudster Li Zhang fights the ATO from jail
The irony of the convicted golf course developer now accusing the Tax Office of doing something untoward is so delicious, you could serve it up at a hatted restaurant.
- Max Mason
Plan for 25,000 homes on racecourse site a ‘fantasy’: inquiry
Peter V’landys and Mark Latham clashed in a fiery hearing as the Australian Turf Club blamed a “high Indian population” for declining Rosehill racecourse crowds.
- Gus McCubbing
- Opinion
- Chanticleer
Housing crisis rages, but there’s no money in building flats
The property developer’s shock profit downgrade is all about its struggles to make apartment projects profitable, even as housing shortages worsen.
- James Thomson
Build-to-rent plan risks ‘repelling investors’
Labor has been warned to redesign key elements of its plan to boost affordable rental stock around Australia.
- Tom McIlroy and Campbell Kwan
Surf Dive ‘n’ Ski founder lists neighbouring period buildings for $30m
Fadil Sadikay is selling the South Yarra apartments with a permit to turn them into a luxury development.
- Larry Schlesinger
Developer Guy Nelson puts Melbourne period mansion on the market
The grand Victorian home on Sorrett Avenue in Malvern is being sold by the former Macquarie Group real estate boss and founder of developer Alpha Partners.
- Larry Schlesinger
- Exclusive
- Planning
Home building faces Productivity Commission probe
The new inquiry comes amid housing industry doubts that the Albanese government will achieve its goal of 1.2 million homes to be built over the next five years.
- John Kehoe
Melbourne developers offer big rebates as unsold lots surge
Discounts of up to $35,000 are available and low deposits are being accepted as unsold stock rises to almost 3000 lots.
- Larry Schlesinger
July
Rich Lister’s $6b plan for 10,000 homes at master-planned city
The Costa Family Office is the majority investor in a 909ha site near Murray Bridge that will be developed into a $6 billion project with almost 10,000 homes.
- Larry Schlesinger
A solution to the athletes village conundrum might be on the Gold Coast
Paris’ capital-light infrastructure plan for the 2024 Olympics has been a great success. But plans to turn the village into new housing faces a new hurdle.
- Michael Bleby
Construction, labour woes force developer to offload $200m of sites
APH Holding, which has a multibillion-dollar pipeline of Melbourne projects, has put more than $200m worth of sites on the market, including many with permits
- Larry Schlesinger
AustralianSuper, Hesta look to supercharge housing investment
The industry super fund giants have taken shared ownership of Assemble, which develops affordable rental and for-sale housing.
- Michael Bleby
- Exclusive
- Infrastructure
Japanese investors eye Australian residential real estate
Competition for Australian sites is heating up for Japanese companies such as Asahi Kasei Homes, Sumitomo Forestry Group and Daiwa House.
- Michael Bleby
Is the CFMEU the reason none of your friends can buy a house?
Experts say sheer union bargaining power has helped to push wages up across the entire construction industry, and that is filtering through to property prices.
- Lucy Dean
Home building slowdown fuels Perth’s rocketing price rises
Dwindling housing completions have helped fuel major increases in Perth’s property prices as developers warn most projects are not viable because of rising costs.
- Tom Rabe
Fight over Baby Boomer housing takes toll on developer
The Melbourne-based developer and landlord faces the twin battles of a slowing market and criticism of a fee structure that other companies do not use.
- Michael Bleby
Apartment starts fall to 11-year low
Industry groups say the extra costs of construction union agreements compound rising materials and financing costs to make housing projects unprofitable.
- Michael Bleby
- Exclusive
- Property survey
High costs choke supply of new homes: property experts
The cost of construction in capital cities has risen at a faster clip than house price growth, making it less economical to build new dwellings.
- Nick Lenaghan
Private credit pioneer meets Goldman Sachs money man
Under-the-radar private credit boutique Alceon snaffles a big name former Goldman Sachs banker to be its CEO. It’s a very 2024 story.
- Anthony Macdonald
