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Competition heats up for residential rentals | Jam Factory revamp aims to smash Melbourne records

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Competition heats up for residential rentals

Residential housing tenants in Australia’s regions are facing competitive market conditions as the number of rental properties available shrunk to a near low in August.

MACKENZIE SCOTT

Jam Factory revamp aims to smash Melbourne records

Latest plans unveiled for the city’s landmark site include 400 luxury homes and super-luxe penthouses worth up to $50m.

Spirit Super ready to spend big in Hobart

Tasmanian-based super fund Spirit Super is readying to fork out about $300m to acquire the wealthy Schwartz family’s mixed-use hotel and office development in the heart of Hobart.

By LISA ALLEN, BEN WILMOT

Iris plans $800m splash on Gold Coast

Iris Capital has unveiled plans for a new $800m residential and commercial project that will overhaul the centre of Broadbeach.

What our future housing market would look like

Spiralling prices have squeezed many young Australians out of the housing market and there does not seem to be any short-term relief.

By SIMON KUESTENMACHER

Altis puts Space 207 on block for $280m

Altis Property Partners will put the Space 207 complex in the northern Sydney suburb of St Leonards on the block with the hopes of reaping more than $280m.

RBA sounds warning on housing market

The Reserve Bank says risks to financial stability from the housing market may be growing, as it hinted at what measures may be needed.

By DAVID ROGERS

Qantas land draws bid of more than $800m

A knock-out bid for the industrial parcel next to the airport has reset the property market and will help Qantas get back on track

By BEN WILMOT, LISA ALLEN

WeWork in talks over rent relief as lockdowns bite

Co-working company WeWork has stopped paying rent at some fringe sites and is asking landlords for rent reductions as elongated lockdowns bite.

140pc profit jump but major Qld builder wants downturn

Australia’s largest private builder saw profits more than double but Scott Hutchinson ‘isn’t rapt’ and would be happy for a bit of downturn in Australia’s building frenzy.

NEWSLETTERS TODAY'S PAPER MIND GAMES THE AUSTRALIAN PLUS

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