The Urban Renewal Authority is set to start work in South Australia next month in a bid to deliver better communities and lifestyle options in the state. It is also hoped that the group will help to ease issues surrounding housing affordability when it begins
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The Territory government has revealed details of its ten-year development plan, which it hopes will encourage long-term development and expansion in the state. Minister for lands and planning Gerry McCarthy unveiled three initiatives that he hopes will give property investors the incentive they need to
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While vacancy rates in Sydney have relaxed in recent months, this is expected to be a short-lived change due mainly to seasonal fluctuations, according to the president of the Real Estate Institute of New South Wales (REINSW). New figures published today (February 15) by the
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On a global scale, Sydney is great for property investment, according to new figures published jointly by PricewaterhouseCoopers and the Urban Land Institute. A new report titled Emerging Trends in Real Estate Asia Pacific 2012 identified Sydney as the third most favourable market in the
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Property investors should not be disheartened by the Reserve Bank of Australia’s decision to hold the cash rate steady yesterday, as further rate cuts could be on the horizon. This is the opinion of Real Estate Institute of New South Wales chief executive Tim McKibbin,
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A cut to the cash rate tomorrow may be followed by two further reductions in the first half of 2012, according to economists at HSBC. The bank’s global research publication, The RBA Observer, anticipates that the cash rate will be cut by 25 basis points
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Anyone planning a property investment in Australia’s major cities may be buoyed by news that all eight capital cities showed modest easing in house prices. The news was warmly welcomed by Harley Dale, chief economist at the Housing Industry Association (HIA), who asserted that this
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