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Home prices rise but no rate hike in sight + Meriton succession plan

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7 months ago

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EmailThis is what's moving in property this week.

To view this email as a web page, go here.

NEWS

1

Housing prices to surge as ‘no rate hike’ makes buyers less reserved

Property prices are tipped to rise at a faster pace nationally in the coming months following Wednesday’s CPI data as Brisbane’s record run of price growth could be nearing the end.

2

Brisbane takes charge in battle of the big cities

Queensland is setting itself up as a serious contender as Australia’s second-strongest economic state, and there are expectations the Sunshine State will leapfrog Victoria.

3

Australia is a migration nation, but for how long?

Australia is undoubtedly a migration nation, but as more countries seek to attract a smaller pool of potential migrants, we need to ensure we still attract the skilled workers needed to drive the economy.

MARKET MOVERS

Meriton won’t be ‘carved up’ as Triguboff names successors

One of Australia’s richest men, 91-year-old Harry Triguboff, has set out a succession plan for his apartment development group with some key executive changes.

Pub baron adds Calombaris to team ahead of mass rebrand

The celebrity chef will take on a senior role at Jon Adgemis’s carved up Public Hospitality Group, with other changes coming to the troubled empire after a $400m debt rescue deal.

Bold plan for new $7.5bn satellite city for SA

Developers have unveiled a bold plan for a $7.5bn satellite city near Murray Bridge, and are hopeful the area could become home to Adelaide’s second airport.

COMMERCIAL PROPERTY

Office space’s final frontiers

ISPT taps Woods Bagot for Brisbane high-rise precinct

Clarence seals $119m deal for Brisbane tower

Scentre, Barrenjoey team up for next Adelaide mall play

QIC appoints new real estate head

NEWSLETTERS TODAY'S PAPER MIND GAMES THE AUSTRALIAN PLUS

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