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JLL global chief Christian Ulbrich has hit the ground in Sydney, telling the sector green buildings are in demand and property owners that don’t pivot are sitting on melting icebergs.
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PROPERTY
‘Sitting on a melting iceberg’: JLL global chief
JLL global chief Christian Ulbrich has hit the ground in Sydney, telling the sector green buildings are in demand and property owners that don’t pivot are sitting on melting icebergs.
BEN WILMOT
INTEREST RATES
Homeowners reassured that rates will stay steady
Homeowners have been reassured rates are at the “right level” to bring down inflation, but the bank says it is not afraid to raise if economic conditions worsen.
By MACKENZIE SCOTT
PROPERTY
GPT under fire at AGM for ‘going woke’
A major shareholder branded the property group the ‘Growthless Property Trust’ and said it needed to refocus on lifting its financial performance.
By BEN WILMOT
WEALTH
Pressure on shared home ownership experiment
The nation’s homebuyer grant framework could change beyond recognition after a surprise move in the Victorian budget.
By JAMES KIRBY
DIGITAL
REA earnings up as housing in top capitals surges
The online property listing company is benefiting from a jump in activity in Sydney and Melbourne and expects the momentum to drive more activity.
By BEN WILMOT
FINANCES
Mortgage arrears edging higher: Helia
Mortgage insurer Helia is expecting an increase in home loan delinquencies and claims on its policies as Australians battle with higher interest rates and cost of living pressures.
By GLENDA KORPORAAL
EXCLUSIVE
Gavel gathers pace as home buyers pounce
Buyer demand is outpacing the influx of new listings, with the time it takes to sell in Sydney, Melbourne, Brisbane, Adelaide and Perth shrinking year-on-year | INTERACTIVE MAPS
By MACKENZIE SCOTT
MEMORIAL
Lang Walker remembered as a visionary
Property tycoon Lang Walker has been remembered as a visionary who changed the face of Australian property, while enjoying the fullest of lives.
By BEN WILMOT
PROPERTY
Packer forges into Sydney’s building scene
The billionaire is putting his stamp on developments across the city and is backing the top end of the residential market.
By BEN WILMOT, LISA ALLEN
PROPERTY
Farm value growth slows after long surge
Lenders say La Nina and steady interest rates will be favourable for property buyers, but the surge in value over the past three years will ease.
By CHARLIE PEEL