Yesterday
Why Sydney Water wants to increase bills by a third to $1491 a year
The water utility warns that without a 32 per cent bill hike Sydney will get fewer new houses and a greater risk of having to boil water.
Chalmers urged to overhaul CGT discount on housing
Labor for Housing says savings from reforming CGT could be used to scrap GST on goods and services used to build, maintain and manage state public housing.
Developer eyes $80m Bondi site for luxury apartments
A series of shopfronts banded together to become Bondi Beach’s largest development site, selling for $80 million.
‘There’s definitely profit’ for buyer of $2.4m home
Lower borrowing costs and expectations that purchasers will pay more are spurring developers into action once again. They’re chasing areas with opportunity.
PE-backed student living developer Cedar Pacific hits fundraising trail
The Brisbane-based fund manager has hit the pavement to raise a $100 million-plus fund from wealthy families and investors.
This Month
High-profile Gold Coast project up for sale after HMC foreclosure
The owner lost control of the site, which is approved for a 46-storey residential tower, after owning it for just seven months.
Industry wants faster mid-rise development after 10-day house approvals
The housing industry has challenged the Minns government: if Queensland can approve apartments in three months, why can’t NSW?
Woollahra station revival rankles well-heeled residents
Fifty years after residents fought off the station, NSW Premier Chris Minns is considering shaking up the same wealthy and lawyered-up hornet’s nest.
Brisk, no-risk housing policies take states back to the future
Fast-track planning rules to accelerate housing development and make better-quality homes show NSW is relearning lessons it has forgotten.
Chalmers should heed Hawke on red tape
The challenge for the treasurer at his Economic Reform Roundtable will be to ensure the good ideas do not get lost in translation.
Asahi Kasei-owned builder NEX expands into land development
The move shows a deeper investment by the company that bought into then-named McDonald Jones Homes in 2017.
Cbus Property set to build $400m Melbourne residential development
Super fund developer Cbus Property purchases one-hectare commercial site to build two apartment towers and townhouses fronting Melbourne’s Yarra River.
If your home design looks like one of these 8, it’ll be fast-tracked
Surprisingly cheap plans for NSW houses, terraces and townhouses will get quicker approvals to try to ease prices in one of the world’s most expensive cities.
$2.5b luxury apartment project planned for Sydney
The ASX-listed developer, investor and builder wants to show it has progressed a strategy to double down on its Australian development pipeline.
Insolvencies surge in construction and hospitality sectors
Although the figures reflect the pain felt by many businesses, they also show that a growing number of small companies are taking steps to trade out of trouble.
The housing crisis is being managed by the wrong people
Planning policy has been monopolised by a small professional silo, which for decades has been insulated from external input, feedback, and oversight.
US tech billionaires fund Australian YIMBY battle
An Australian group has secured funding from some of the world’s biggest tech billionaires in their fight for more housing.
Aware Super doubles down on rentals in $285m bid for tower
Build-to-rent assets continue a hot run as Aware partners with Barings to try and nab a $285 million tower with subsidy backing from the state government.
This couple has waited years for a basic service to their dream home
Caitlin and Adam Webster bought their Sydney plot in 2021, but the water’s not connected yet. Critics say the lag in critical infrastructure is holding up housing supply.
GemLife debut now ASX’s seventh listing success in two weeks
The property developer raised $750 million in the biggest IPO of the year, with stock in high demand as investors look for new opportunities after a dry spell.