Yesterday
Risks rise in Gold Coast apartment development
As banks focus on smaller and more secure projects, developers of bigger projects are turning to riskier and more expensive sources of credit.
- Michael Bleby
This Month
NSW to fast track approval of large housing plans
The country’s two biggest states are taking steps to speed up the housing approval processes that developers say are holding back new projects.
- Michael Bleby
Lendlease avoids ‘second strike’ in crucial AGM showdown
The embattled company averted a vote on a potential board spill by convincing shareholders it was on the right track. Some want more evidence, however.
- Updated
- Michael Bleby and Campbell Kwan
Why Melbourne’s housing market is primed to outperform all capitals
The city’s improved affordability means it could outperform its peers in the next recovery, experts say.
- Nila Sweeney
Developers aren’t building apartments – and it’s getting worse
The mix of housing projects coming on stream in the next few years has changed. Apartment construction now looks weaker than even six months ago.
- Michael Bleby
- Exclusive
- Governance
ASX-listed builder slammed over ‘no divvy’ in clash with rival
Simonds’ biggest external shareholder, NEX, lodged a protest vote at the group’s AGM, setting the scene for the rivals to compete head-to-head.
- Michael Bleby
- Exclusive
- NSW residential property
5700 new homes can be built on Sydney’s north shore. Why aren’t they?
About 170,000 square metres of development land on Sydney’s north shore is on the market. But some developers are holding back.
- Campbell Kwan
How a year-long wait worsens the housing crisis
A near 12-month wait for a Thai property developer for approvals to buy housing estates could deter other foreign developers, warns adviser Joseph Gersh.
- John Kehoe
Perth’s plan to raid east coast for tradies with lure of $10,000 cash
The West Australian government is considering offering a one-off payment to tradespeople to move from interstate to build more homes.
- Tom Rabe
Why property developers are giving up on bank loans
Nearly three-quarters of developers are using private credit debt to fund their projects, ensuring that more housing gets built, a survey has found.
- Updated
- Larry Schlesinger and Campbell Kwan
How to build housing on urban wasteland
An apartment building sandwiched between a road and railway line has set a new standard for what can be done with once-derelict sites.
- Michael Bleby
Buyers switch to apartments amid affordability crunch
As the affordability of houses worsens, the demand for units and townhouses is expected to increase, fuelling price rises, according to experts.
- Nila Sweeney
- Exclusive
- Commercial real estate
Melbourne CBD’s biggest development deal in five years is a car park
Malaysian giant Sime Darby has paid $115 million to acquire a car park that it intends to turn into a major development.
- Campbell Kwan and Larry Schlesinger
- Exclusive
- Industrial relations
Push to end union threat to student housing, summer power prices
Snowy Hydro and Cedar Pacific have applied to suspend crippling work bans that are delaying projects across NSW as Premier Chris Minns faces pressure to intervene.
- David Marin-Guzman and Campbell Kwan
‘Glut of empty bedrooms’ looms as houses outpace apartments
The pipeline of detached houses far outstrips that of apartments – and the gap is widening. But this may not be the housing we need.
- Larry Schlesinger
David Di Pilla’s HMC buys into Lifestyle Communities
The company says it’s ‘early days’, and could increase its stake by a further 4.5 per cent in the developer and landlord of affordable housing for downsizers.
- Michael Bleby
Allegra Spender quits Chairman’s Lounge, demands Qantas ends upgrades
PM says he was “not aware” of any flight upgrade requests by his staff for him; Bulk billing has “stopped sliding”; PM’s HECS debt plan slammed. How the day unfolded.
- Updated
- Hannah Wootton
Rising costs, longer lead times stymie unit sales
Higher construction costs – and longer build times – are holding back the development of cheaper flats, in another blow to housing affordability.
- Michael Bleby
- Exclusive
- Affordable housing
Housing Australia’s Dal Bon goes from funding homes to building them
The inaugural head of Australia’s housing funding body has taken a new job with the ACT’s largest community housing provider.
- Michael Bleby
- Analysis
- Housing crisis
Five fixes to the housing crisis – from smaller homes to more builders
From more migrants with building skills to incentivising different types of housing, three chief executives give their suggestions on how to develop more homes.
- Campbell Kwan and James Eyers
