Embattled Chinese property group Evergrande has avoided default by wiring money for a dollar bond interest payment that was due a month ago.
A recent Cottesloe sale has ended speculation of an emerging private enclave in the beach-side suburb - and its growth in value over the past two years was staggering.
The density debate has hit the Christian Brothers, which is facing opposition over plans for a three-storey complex in Waterford.
More than 1000 public houses are sitting empty, while more than 17,000 households are on the waiting list for a home.
Australia’s housing market will likely peak late next year and then enter a period of stagnation in response to increased supply and tighter lending curbs, according to Goldman Sachs.
Today’s first-time buyers face a tough road to home ownership, with new research showing it takes up to a decade to save a deposit in certain areas. Here’s where it takes longest.
Kim Macdonald and Meleva Thorn
House prices will have surged by 22 per cent by the end of the year, but a fall is coming, say Westpac economists.
If APRA’s recent changes to lending tests have got you nervous about your own debt pile, here’s five smart strategies to take advantage of the current low interest rates and pay down debt sooner.
The State Government will not consider introducing a registration system for bricklayers, despite revelations of dodgy work on some homes.
Inner city businesses are turning to renting out their unused parking spaces in a bid to recoup overheads during lockdown.
The Victorian government is starting a $500 million fund to help homebuyers, with the government taking a stake in properties under the scheme.
Essential workers, women and people aged under 30 are the biggest Australian cohorts to break into the housing market under the Federal Government’s First Home Loan Deposit Scheme.
Former socialite Rose Porteous is a keen poet, so one wonders if she wrote the ad for the investment property she is selling in Nedlands.
Economists say the banking watchdog’s first salvo to contain the runaway housing market is expected to have little effect in Perth, where property prices have jumped 18 per cent over the past year.
Danielle Le Messurier
Burswood’s continuing transformation has been given another nudge with development approval recently granted for the next phase of Mirvac’s The Peninsula complex.
Financial regulators are grappling with how to contain surging credit and a red-hot property market without choking off the economy’s recovery.
Nabila Ahmed and Michael Heath
If the property party continues to warm up, potential borrowers should be a bit fearful of what APRA might contemplate.
Perth’s median house price is about $80,000 more than a year ago, after revised figures from a leading property consultancy showed an 18 per cent price rise over the past year.
For 35 years, one of WA’s most-admired medical specialists has resided quietly overlooking the river enjoying his multimillion-dollar view.
House prices have gained more than 20 per cent in the past year, but the monthly rate of growth is slowing due to worsening affordability.
Australia's manufacturing industry all but stalled in September, restrained by coronavirus lockdowns and border closures.
Regulators considering how to clamp down on the red-hot and ‘risky’ housing market are being urged to tread carefully so as not to ‘stomp’ on certain people.
Housing credit for owner-occupiers ballooned in August, growing at the fastest annual pace since October 2016, as people take advantage of low rates.
A low-income housing organisation has earmarked land in Como for a mixed-use complex that is estimated will cost $35 million.
© West Australian Newspapers Limited 2020