GCPN News Updates

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10 50 100 Total of 476 Results

World Bank warns that changes are coming in the global economy

World Bank Warning 2
Posted at 09 July, 2025

World Bank warns that changes are coming in the global economy The World Bank's just released flagship report Global Economic Prospects sounds a warning for the global economy, which is projected to slow dangerously through the next few years, while also ......

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Reserve Bank of Australia (RBA) blindsided the nation’s economists by keeping interest rates at

3
Posted at 09 July, 2025

Reserve Bank of Australia (RBA) blindsided the nation's economists by keeping interest rates at 3.......

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Murdoch’s News Corp has moved into the mortgage business. Where are the regulators?

News 276
Posted at 03 July, 2025

Murdoch's News Corp has moved into the mortgage business. Where are the regulators? If you want to advertise a house online in Australia, you don't have many options. Just two companies dominate the market.......

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Average income means Home ownership is out of reach as Housing values rise

2025 06 03 06
Posted at 03 June, 2025

Average income means Home ownership is out of reach for many as Housing values rise across every capital in May CoreLogic's June Home Value Index (HVI) has been released with all the latest must-know property market metrics, including CoreLogic's national......

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The recent Reserve Bank of Australia (RBA) interest rate cut to 3.85%

Source Abs
Posted at 29 May, 2025

The recent Reserve Bank of Australia (RBA) interest rate cut to 3.85% will support housing markets, but don't expect a boom in housing prices until affordability improves. The cash rate marks a further shift toward more accommodative monetary policy.......

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Should Australian home values come down?

Up Or Down
Posted at 02 May, 2025

Eliza Owen from Corlogic has analysed the uncomfortable question at the heart of the housing policy debate - should home values come down? Housing has become one of the defining issues of the 2025 Federal Election.......

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Australian home values were up 0.4%

Screenshot 216
Posted at 13 April, 2025

Australian home values were up 0.4% CoreLogic's April Home Value Index (HVI) has been released with all the latest must-know property market metrics, including: Australian home values were up 0.......

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Reserve Bank of Australia cuts rates by 25 basis points

Saving Money
Posted at 19 February, 2025

Reserve Bank of Australia cuts rates by 25 basis points The Reserve Bank of Australia (RBA) board has decreased the cash rate by 0.25% to 4.1%. The RBA has reduced the cash rate from a thirteen-year high of 4.35% to 4.1%.......

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Australian property market maintains strength

68140 Orig
Posted at 03 January, 2025

Australian property market maintains strength ANZ have updated their housing price forecasts and expect capital city housing prices to grow 2.7% in 2025 before lifting 4.1% in 2026.......

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Australia’s Gold Coast property market remains strong

Gc Map
Posted at 22 December, 2024

Australia's Gold Coast property market remains strong In the face of elevated interest rates and global uncertainty, the Australian housing market demonstrated surprising resilience throughout 2024 with the number of home sales increasing 8% on the previo......

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Australia’s property market reaches total value of $11 trillion

Aust
Posted at 27 November, 2024

Australia's property market has reached a new milestone, with the total value of residential real estate climbing to $11 trillion for the first time, increasing by $900 billion over the past 12 months, according to CoreLogic's October Monthly Housing Char......

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National home values increased 0.5% in the month of August

Aug
Posted at 06 September, 2024

National home values increased 0.5% in the month of August, the 19th consecutive month of increase in home values. However, the pace of growth is showing clear signs of slowing. National home values increased 0.......

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After many years the Gold Coast has excelled to one of the Nation’s strongest property markets

2019 10 14 06
Posted at 19 June, 2024

The Gold Coast has excelled to one of the Nation's strongest property markets, but over the years the Gold Coast's boom and bust history caused by volatility and fluctuation in oversupply of high-rise apartments and a highly transient population.......

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Vendor & Buyer activity high… except in Victoria and Tasmania

May24
Posted at 29 May, 2024

Vendor Buyer activity high except in Victoria and Tasmania Over the past four weeks CoreLogic tracked 38,258 freshly advertised properties, almost 18% more than at the same time last year and 7.7% above the previous five-year average.......

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Australian properties still rising in price.

2021 05 12 03
Posted at 05 April, 2024

CoreLogic's national Home Value Index (HVI) rose 0.6% in March, on par with February's increase, taking the current upswing in housing values through its 14th straight month of growth. Since declining -7.......

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Gold Coasts Southport Spit $300-Million Superyacht Development in progress.

Spit Dev
Posted at 05 April, 2024

Earth moving machinery is expected to begin the construction on the first major development along "The Spit" on the Southport Broadwater, north of Surfers Paradise, which is the first development on the Spit for over 20 years.......

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Housing values rise in February with CoreLogic’s national Home Value Index (HVI) up 0.6% in Febr

House Prices Up
Posted at 11 March, 2024

Housing values posted a broad-based rise in February with CoreLogic's national Home Value Index (HVI) up 0.6% in February. The 20-basis point acceleration from the 0.4% increase seen in January was the strongest monthly gain since October last year.......

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Cost of Building Home rose by 0.8% in December quarter 2023 and building approvals Decreasing.

Cost Of Building Home Rose By 0
Posted at 11 March, 2024

Cost of building new homes rose by 0.8% in the three months to December 2023, with building approvals Decreasing. While the cost of building a new house rose 0.......

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Australia’s rental crisis has plummeted revealing affordability at its lowest level in 17 years

Australias Rental Crisis Has Plummets
Posted at 11 March, 2024

Australia's rental crisis has crashed to a new low with fresh data revealing affordability is at its lowest level in 17 years.......

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Gold Coast High-Rise Apartments to Triple due to Densification

Rhapsody Level 41 South By Day
Posted at 28 February, 2024

Gold Coast High-Rise Apartments to Triple due to Densification With its housing affordability nipping at the heels of Australia's most expensive city and its developable land drying up, the future of the Gold Coast skyline is looking a lot busier and more......

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The Spit on the Gold Coast undergoes over a Billion Dollars in Developments.

The Spit 2
Posted at 23 January, 2024

The Spit on the Gold Coast undergoes over a Billion Dollars in Developments. Queensland's last remaining fishing co-op has been released to the market for a marine tourism development.......

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RBA Cash Rate stays firm at 4.35% for Christmas.

Screenshot 88
Posted at 05 December, 2023

RBA Cash Rate stays firm at 4.35% for Christmas. The Reserve Bank of Australia (RBA) has left the cash rate at 4.......

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Gold Coast’s First Surf Park Wins Council Backing

Wave Pool Seq
Posted at 05 December, 2023

Gold Coast's First Surf Park Wins Council Backing The council in one of Australia's surfing heartlands the Gold Coast has thrown its support behind plans for the city's first wave park.......

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Regional markets still reeling from rising rates and shifting migration patterns

Qld Gc
Posted at 28 August, 2023

Regional markets still reeling from rising rates and shifting migration patterns Despite regional housing values rising for the past five months, a new analysis of year-on-year performance shows many markets are still reeling from high interest rates and ......

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Gold Coast infrastructure projects equate to healthy property investment option.

Burleigh Sunrise
Posted at 05 July, 2023

Gold Coast infrastructure projects equate to healthy property investment option. Just two of the big infrastructure projects on the Gold Coast are obvious reasons that growth is rapidly increasing which makes property investment a healthy option.......

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Smooth sailing for July after 12 rate rises in a row the RBA keeps cash-rate at 4.1%

Smooth Sailing
Posted at 05 July, 2023

Smooth sailing for July after 12 rate rises in a row the RBA keeps cash-rate at 4.1% After 12 rate rises in a row the RBA keeps rate at 4.......

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Home values rise for the 3rd month in a row.

Future
Posted at 01 June, 2023

CoreLogic's national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% in May. After finding a floor in February, home values increased 0.6% and 0.......

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Interest rates up to 3.85% and some Off-The-Plan Buyers nervous.

Duplex
Posted at 05 May, 2023

Interest rates up to 3.85% and Off-The-Plan Buyers nervous. With the RBA raising the interest rate to 3.......

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Delusional state or is the Property Market living the Dream.

Igloo
Posted at 02 May, 2023

Delusional state or is the Property Market living the Dream. There have been several reports from the finance and property sectors recently, stating that "Australia's housing downturn is over" .......

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National home values up 0.6% in March

Corelogic March 2023 Chart
Posted at 03 April, 2023

National home values up 0.6% in March After remaining virtually flat in February (-0.1%), CoreLogic's national Home Value Index (HVI) posted the first month-on-month rise since April 2022, up 0.6% in March.......

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Interest rates push $600,000 mortgage payments from $2,600 to $3,680 per month.

Interest Mortgage Rates
Posted at 08 March, 2023

Interest rates push $600,000 mortgage payments from $2,600 to $3,680 per month. The Reserve Bank of Australia (RBA) raised interest rates 0.25% yesterday the 7th of March 2023, raising the cash rate from a record low of 0.1% in May 2022 to 3.......

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$300 Million Mantaray Marina and Residences at The-Spit on the Gold Coast.

Gold Coasts Spit
Posted at 02 March, 2023

$300 Million Mantaray Marina and Residences at The-Spit on the Gold Coast. The Spit just north of Surfers Paradise is now the focus of a $1.......

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RBA interest rates climb but who can govern the big banks?

Big 4 Banks 1
Posted at 02 March, 2023

. . . . RBA interest rates climb but who can govern the big banks? The table of records below show the percentage change in the cash rate and changes taken from the RBA website. 7 March 2023 +0.25 3.60 8 Feb 2023 +0.25 3.35 7 Dec 2022 +0.25 3.......

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Regional Queensland is still the big draw card for Australia’s shifting population.

Gold Coast
Posted at 02 March, 2023

Regional Queensland is still the big draw card for Australia's shifting population, with dramatic shifts in Queensland's population being revealed in a new report which shows the move to the regions from capital cities sparked by Covid was still going.......

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The most expensive home ever auctioned in Queensland sells $42 Million.

Bellagio La Villa At Tallebudgera
Posted at 02 March, 2023

The most expensive home ever auctioned in Queensland sells $42 Million, a glamorous mansion on the Gold Coast is the most expensive home ever auctioned in Queensland and the second priciest to go under the hammer in Australian history, after a cash offer ......

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Huge investments in Build-to-Rent developments while housing supply and rental vacancies tighten

News Feb23
Posted at 03 February, 2023

Huge investments in Build-to-Rent developments while housing supply and rental vacancies tighten.......

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Property sales slowing but rental supply short as the rich get richer and the needy suffer

2023 01 09 10
Posted at 09 January, 2023

Property sales slowing but rental supply short as the rich get richer and the needy suffer Australian Renters are still in a negative position with rental shortages and exorbitant prices holding firm.......

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RBA raises cash rate for the 8th month in a row from 2.85% to 3.1%

3
Posted at 07 December, 2022

RBA raises cash rate for the 8th month in a row from 2.85% to 3.1% The Reserve Bank of Australia (RBA) has raised rates for the 8th month in a row from 2.85% to 3.1%, lifting the official cash rate to its highest level in 10 years.......

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Queensland landmark energy plan blows out by $14 Billion

Plan Ahead
Posted at 07 December, 2022

Queensland landmark energy plan blows out by $14 Billion The Queensland Government's energy plan would need $76 billion in investment in real terms by 2040, not the $62 billion currently quoted by the Government, according to the latest EY reports and mod......

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Australia is under-supplied of 26,000 New Homes that were not built

Housing Short
Posted at 11 November, 2022

Australia is under-supplied of 26,000 New Homes that were not built After one of Australia's biggest property booms, we are still around 26,000 new homes short of the needed supply.......

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Property’s seesaw ride & RBA 2.85% Cash Rate, but there’s always a winner

Win Lose
Posted at 04 November, 2022

Property's seesaw ride RBA 2.85% Cash Rate, but there's always a winner CoreLogic's home value index shows that Brisbane's house prices slumped by 2% in October, a sharper fall than in any other capital and their largest monthly decline on record.......

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56% spike in power bills forecast in the Governments Budget

Big Bills
Posted at 28 October, 2022

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Residential construction costs increased by 11.0%

House Construct
Posted at 19 October, 2022

. . . . . Residential construction costs increased by 11.......

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Rentals tighten, growth eases, constraints are working

Young Renters
Posted at 19 October, 2022

. . . . . Rentals tighten, growth eases, constraints are working Australia's rental market continues to tighten to record levels, the pace of rental growth has started to ease, suggesting affordability constraints are having an impact.......

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Reserve Bank of Australia raises cash rate by .25% to 2.60%

Rba Oct
Posted at 19 October, 2022

. . . . . Reserve Bank of Australia raises cash rate by .25% to 2.60% At its meeting on 4 October 2022, the RBA Board decided to increase the cash rate target by 25 basis points to 2.60 per cent.......

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Queensland Population Boom is good for some and sad for others

Property Hot Spot
Posted at 03 September, 2022

. . . . . Queensland Population Boom is good for some and sad for others The Australian Bureau of Statistics (ABS) recent National, State and Territory Population release shows our national population grew by 0.5% during 2021.......

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RBA increased cash rate but the Banks interest rates actually fell for Fixed Term

View1
Posted at 09 August, 2022

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Build costs soar more than $94,000 in 15 months

New Home
Posted at 13 July, 2022

. . . . . Build costs soar more than $94,000 in 15 months Housing Industry Association (HIA) stats reveal house building costs jump by $94,000 in the strongest rise since 1982: ABS.......

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RBA and Bank interest rates into the great unknown

Screenshot 56
Posted at 13 July, 2022

. . . . . RBA and Bank interest rates into the great unknown The Reserve Bank of Australia (RBA) has raised the cash rate by 50 basis points in July, taking it up to 1.35%. Australia's major banks fix rates are anywhere from 1.75% to 2.......

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Queensland Population Growth Booms and the Property Sector future is Strong

Netinterstatemigration
Posted at 04 July, 2022

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In a cooling market there are great options of existing Apartments so no need to panic

Gc Morning
Posted at 18 June, 2022

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Housing construction costs unhappy increases

Framed
Posted at 18 June, 2022

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REA supports off-site construction homes that help ease the shortage.

2022 05 17 22
Posted at 19 May, 2022

. . . . . REA supports off-site construction homes that help ease the shortage. Homes that were built off-site are being transported to their destination on the Gold Coast to help families who need housing.......

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Queensland rental crisis hurts tenants and rewards investors

Rental Yields
Posted at 13 April, 2022

. . . . . Queensland rental crisis hurts tenants and rewards investors It's a sad situation for people who need affordable accommodation in Queensland as rental crisis pushes people to the brink.......

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The Gold Coast Australia’s Favourite City

2022 03 22 06
Posted at 22 March, 2022

. . . . . The Gold Coast Australia's Favourite City Queensland's population has spiked faster than any other state or territory, according to the Australian Bureau of Statistics.......

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South East Queensland Rapid Growth with $1.1 Billion Rail Upgrades

Qld Rail
Posted at 24 February, 2022

. . . . . Queensland Commits $1.1 Billion to Pre-Olympic Rail Upgrades More than a billion dollars will be spent to bring the Brisbane-Gold Coast rail link up to scratch before the 2032 Olympic and Paralympic games. The $1.......

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Gold Coast quick stats... (click on image)

Gc Growth 1
Posted at 21 February, 2022

Gold Coast quick stats... (click on image)...

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Gold Coast Manufacturing is now third largest industry

Gc Stats
Posted at 16 February, 2022

Once upon a time the Gold Coast was based on Tourism, Construction, and Retail Trade, but this beautiful Region is maturing into a sustainable location with stability and serious long-term growth.......

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Property prices raised by 6.7% or $50,000 in the June quarter 2021

2 17
Posted at 07 October, 2021

. . . . . Property prices raised by 6.7% or $50,000 in the June quarter 2021 According to the Australian Bureau of Statistics (ABS), property prices are now up 16.......

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Very sad situation when young Families cannot afford to buy a home

1 22
Posted at 07 October, 2021

. . . . . Very sad situation when young Families cannot afford to buy a home Australian housing prices rise at a rate not seen since 1989 According to CoreLogic's national home value index prices rose another 1.......

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Property buyer demand has reached record high levels

Buying Homes
Posted at 09 September, 2021

. . . . . Property buyer demand has reached record high levels through extended Covid-19 lockdowns in Australia's biggest property markets with purchasers having limited choice as prices continue to rise.......

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Australian property prices are $103,400 higher than last year, reports CoreLogic

Pic1 2
Posted at 02 September, 2021

. . . . . Australian property prices are $103,400 higher than last year, reports CoreLogic Sydney's median property price lifted 1.8pc to $1.04 million in August.......

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Australia’s property market tipped to reach $9 trillion later this year

2 16
Posted at 01 September, 2021

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Record Sales Absorb Gold Coast Apartment Supply

1 20
Posted at 01 September, 2021

. . . . . Record Sales Absorb Gold Coast Apartment Supply Red-hot demand due to pandemic-inspired sea-changers and downsizers has led to record apartment sales on the Gold Coast, dragging supply levels to new historical lows.......

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Building demand drives 1.4% quarterly increase in construction costs

Construction Costs
Posted at 01 September, 2021

. . . . . Building demand drives 1.4% quarterly increase in construction costs CoreLogic's national measure of residential construction costs show an increase of 1.4% in the three months to June 2021, outpacing the Consumer Price Index of 0.......

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No End to Global House Price Surge

Homedream
Posted at 10 August, 2021

. . . . . No End to Global House Price Surge The current residential boom is unlikely to bust thanks to housing undersupply, high employment levels and a strong economic forecast underpinning the market, according to new research.......

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Property values up 13.5% last financial year plus 1.6% in July

Homesweet
Posted at 10 August, 2021

. . . . . Property values up 13.5% last financial year plus 1.6% in July National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.......

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New Unit sales increase by 100% on Gold Coast.

Hanging Around
Posted at 01 July, 2021

. . . . . New Unit sales increase by 100% on Gold Coast. Apartment prices have increased on average by 23% over the previous year with Urbis property research saying price growth is unsustainable but sales growth could continue.......

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Sad reality for people needing to rent a home.

Renting
Posted at 01 July, 2021

. . . . . Sad reality for people needing to rent a home. Over half of Australia's detached housing markets has become unaffordable for tenants as diminishing rental supply fuels large rental price increases in many areas.......

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Property prices are forecast to keep rising on the Gold Coast into 2022 and beyond

Broadwater 13th June 2021
Posted at 14 June, 2021

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Construction Costs and delivery hold-ups causing Gold Coast Apartment Boom

20160312 131421 Copy 4
Posted at 10 June, 2021

. . . . . Apartment sales on the Gold Coast have picked up pace in recent months with figures across 2021 so far outstripping the surge at the end of 2020.......

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Property value growth in Regions like South East Queensland stronger than Capital Cities

Sabai Sabai 3
Posted at 10 June, 2021

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Record $30.2 billion in home loans in March as prices continue to increase through April

Palm Beach To Surfers 1
Posted at 07 May, 2021

. . . . . Record $30.2 billion in home loans in March as property prices continue to increase through April and beyond. The latest Australian Bureau of Statistics (ABS) report shows that new home loans reached $30.......

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More than half the properties in Australia are cheaper to buy than rent.

Anzio Coastal
Posted at 29 April, 2021

. . . . . With extremely low interest rates driving the property industry we are seeing the result that it is cheaper to buy a home than to rent one.......

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Gold Coast City Council is planning Density-Housing not Forest-Destruction.

Gold Coast Villa
Posted at 07 April, 2021

. . . . . The Gold Coast City Council is planning Density-Housing not Forest-Destruction. Interstate migration is putting pressure on the Gold Coast region with only 20% of homes deemed affordable.......

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Properties are selling quickly across the Gold Coast

For Sale Gold Coast
Posted at 07 April, 2021

. . . . . Properties are selling quickly across the Gold Coast Properties are selling quickly across the Gold Coast with intense competition from; Young couples trying to secure a home as their nest-egg.......

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RBA keeps interest rates at record low of 0.1%

Rba 0
Posted at 07 April, 2021

. . . . . RBA keeps interest rates at record low of 0.1% The Reserve Bank of Australia (RBA) has kept interest rates at its record low of 0.......

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Australian property prices rising to highest point in 17 years.

New Home
Posted at 05 March, 2021

. . . . . CoreLogic research has revealed that Australia's property prices rose 2.......

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Queensland property is booming

Monopoly Homes
Posted at 24 February, 2021

. . . . . Westpac's senior economist Matthew Hassan said the state's markets were now very tight with "sales running well ahead of listings and extremely tight rental vacancy rates in most areas" tipping the market into a boom.......

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The CBA is forecasting a surge in House prices of 16% and Unit prices of 9%

Price Growth
Posted at 16 February, 2021

. . . . . The Commonwealth Bank (CBA) is forecasting a surge in house prices over the next two years of up to 16%, while unit price-growth will be more muted at 9%.......

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Gold Coast Property Capital Growth with strong Rental Demand and Returns

Gold Coast Sunrise Jan 2021
Posted at 04 February, 2021

. . . . . We have seen some of the strongest signs of stability, growth and demand in the Gold Coast's Property Market through the pandemic, due to the Gold Coast's clean warm healthy climate and liveability aspects.......

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Demand for Gold Coast homes to renovate is stronger than new home sales.

Demand Is Strong
Posted at 25 January, 2021

. . . . . Demand for Gold Coast homes to renovate is stronger than new home sales. There were 75,143 households apply for the $25,000 home grant under the Home-Builder scheme as at the end of December 2020, that's nearly double Federal Treasury forecasts.......

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RBA says low interest rates could push up House Prices 30%

1 17
Posted at 20 January, 2021

. . . . . RBA says low interest rates could push up House Prices Up 30% Analysts at the Reserve Bank have projected house prices could increase by 30 per cent over the next three years if low interest rates prevail.......

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Gold Coast Council approves the “Pacific View Estate” a 350 Hectare Suburb

Pacific View Estate
Posted at 10 December, 2020

. . . . . Gold Coast Council approves the "Pacific View Estate" a 350 Hectare Suburb Gold Coast Council has approved the Pacific View Estate which is a residential master development located between Worongary and Highland Park on the Gold Coast.......

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Queensland Owner-Occupiers and 1st-Home-Buyers continue lead in property acquisitions

Happy
Posted at 08 December, 2020

. . . . . Queensland Owner-Occupiers and 1st-Home-Buyers continue lead in property acquisitions Housing finance data from the Australian Bureau of Statistics (ABS) shows the finance lent for the purchase of property increased by 5.......

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Property Investors enjoy secure returns as Gold Coast records low Rental Vacancies

Burleigh Beach
Posted at 04 November, 2020

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Reserve Bank of Australia drops cash rate to historic low of 0.1% which fuels property market

Rba
Posted at 04 November, 2020

. . . . . The Reserve Bank of Australia (RBA) drops cash rate to historic low of 0.1% which fuels property market Historically cuts to interest rates have fuelled housing market activity and generally put upwards pressure on dwelling prices.......

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Gold Coast Homes maintain amazing stability and value

Beautiful Burleigh Heads
Posted at 02 November, 2020

. . . . . Gold Coast Homes maintain amazing stability and value Over the years many Gold Coast residents, particularly within the rental sector, have exited the Gold Coast and returned to their Family homes in Melbourne, Sydney etc.......

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South East Queensland is consistently the affordable housing hub of Australia

Seq
Posted at 28 October, 2020

. . . . . Moody's Investors Service credit rating agency found that, in September 2020, Australian housing was the most affordable or near the most affordable in a decade for capital cities.......

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Net-zero emissions target could spark $63 billion investment drive by 2025

View 1 350x250
Posted at 15 October, 2020

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Australians enjoy low interest rates to invest in New Housing

Duplex Pair 1
Posted at 15 October, 2020

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Tax cuts and other measures tipped to help Housing

Gcpn
Posted at 08 October, 2020

. . . . . Fast-tracked tax cuts for 11 million Australians, wage subsidies for young workers and business incentives underpin a big-spending federal budget aimed at creating jobs to drive Australia out of the coronavirus recession.......

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Migration to the Gold Coast from Melbourne and Sydney is picking up pace rapidly

2020 08 23 09
Posted at 01 September, 2020

. . . . . Migration to the Gold Coast from Melbourne and Sydney is picking up pace rapidly There have been some substantial property purchasers on the Gold Coast from Melbourne and Sydney Buyers over the past few months.......

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Gold Coast Light Rail Stages 3 and 4 moving into the future

Gc Lightrail
Posted at 11 August, 2020

. . . . . Plans are picking up steam to connect the Gold Coast light rail to the airport and create a pedestrian "ocean-way" along Palm Beach.......

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Queensland Gold Coast Property Market avoiding coronavirus predictions

Villa Gc
Posted at 11 August, 2020

. . . . . Queensland Gold Coast property market may avoid a predicted downturn due to the coronavirus pandemic with an increase in the number of interstate buyers looking for not only a sea change, but a clean warm healthy change of lifestyle.......

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Australians with Mortgages have refinanced a record $15 Billion in May 2020

Billions
Posted at 18 July, 2020

. . . . . The Australian Bureau of Statistics (ABS) reported that 33,712 Australians refinanced a record $15 billion worth of mortgages in the month of May due to customer reaction as the country's first recession in nearly 30 years hits home.......

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Fabulous Green Towers of the Future set for Brisvegas

Green Towers Of Brisvegas
Posted at 08 July, 2020

. . . . . The Aria Property Group has lodged plans to build a 30-storey tower with 382 apartments, a two level of residents rooftop entertaining area, plus a 1,350sq metre public park at the base of the building, and a ground floor retail component.......

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Inequality propelled by Housing-Boom and Covid-19

Inequality Propelled
Posted at 12 June, 2020

. . . . . This is an interesting article by Ilan Wiesel, Liss Ralston, and Wendy Stone A housing boom that lasted from the mid-1980s with only minor interruptions has added to rising income inequality in Australia.......

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Everyone thinks China is buying up Australia – but the USA is buying far more

Forgeign Investor Ranking Dfat
Posted at 08 June, 2020

. . . . . Everyone thinks China is buying up Australia but the USA is buying far more In the 1960s and '70s the USA was purchasing Australia, then it was Japanese investment in the 1980s, and in 2019 China invested $78.2 billion in Australia.......

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Government gives $668-Million to Wealthy for Home Renovations but the Needy go without

Home Reno Grant
Posted at 04 June, 2020

. . . . . Government gives $668-Million to Wealthy for Home Renovations but the Needy go without Morrison and Frydenberg announced the details of the Government's $688-Million home-builder-scheme.......

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