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Gerry Harvey’s warehouse power bills have doubled, builders are beset with labour shortages and it’s slim pickings for small business, according to industry leaders.
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‘Slim pickings’: Budget hits and misses without the spin
Gerry Harvey’s warehouse power bills have doubled, builders are beset with labour shortages and it’s slim pickings for small business, according to industry leaders.
MOHAMMAD ALFARES
EXCLUSIVE
Unit slowdown: Triguboff calls for lower interest rates
After six decades of business, Meriton boss Harry Triguboff says he will stop developing as many apartments given the difficulty in selling them thanks to high interest rates.
By LISA ALLEN
HOUSING
Government charges making new homes ‘unaffordable’
Big home builders warn that thee crunch from higher levies and taxes are adding to costs and choking new supply.
By MACKENZIE SCOTT
BUILDING
Biggest 50 builders worth $36bn amid change at top
A Chinese-owned construction company has catapulted to first place on the list of Australia’s top 50 building firms, which now have 793 projects worth $36.1bn. | SEE FULL LIST
By MOHAMMAD ALFARES
HOUSING
Labour shortages to test targets for housing
The government has pledged a big cash splash on new housing, but labour shortages that have crippled the building sector loom as a critical test for its ambitious targets.
By GIUSEPPE TAURIELLO
BIDDING WAR
Bad blood aplenty in $16m battle for Noosa beach site
The Supreme Court fight between two prominent Queensland families fighting over a pristine block of waterfront land at Noosa has come to end in a heated auction with 41 bids.
By MACKENZIE SCOTT
COMPETING BIDS
Goslings estate on the block in mortgagee sale
The Goslings, a luxury 40ha Flinders estate on the Mornington Peninsula, has been relisted for sale – but this time it’s being marketed as mortgagee in ­possession.
By JONATHAN CHANCELLOR
COMMENTARY
How our ageing population shapes property market
Even baby boomers will eventually see their health decline to a point where unassisted living is impossible and this has significant implications for the overall population and our aged-care system.
By SIMON KUESTENMACHER
COMMENTARY
Why ‘good’ and ‘bad’ Lendlease will have to part ways
Chief executive Tony Lombardo knows he is going to have to dig deep later this month to pull the builder out of its downward spiral.
By ERIC JOHNSTON
PROPERTY
Charter Hall flips city site of tower project
Property funds manager Charter Hall has sold an office block in Brisbane’s CBD which had been billed as one of the group’s next major developments there.
By BEN WILMOT