Published: 11/12/2020 The Reserve Bank of Australia has held the official interest rate at its record low of 0.1 per cent, it has announced after its December meeting. That comes as no surprise, with property prices rising 0.8 per cent across the country in November as the housing market nationally continues its better-than-expected bounce back […]
Published: 3/12/2020 New data released by the Australian Bureau of Statistics (ABS) showed that the nation’s Gross Domestic Product – or GDP – rose 3.3 per cent in the September quarter. Throughout 2020 Australia’s GDP in total has fallen 3.8 per cent. Head of National Accounts at the ABS, Michael Smedes, said the recovery is […]
Published: 23/11/2020 The reserve bank has slashed its official cash rate earlier this month to a new historic low of 0.1% as it desperately tries to prop up an Australian economy that has been smashed by the coronavirus crisis. In what its governor, Philip Lowe, billed as a “package of further measures to support job […]
Published: 23/11/2020 They are the two little words home buyers have hated having to swallow for generations – stamp duty. Within days of a proposal by the NSW Government to scrap the unpopular tax, property industry insiders have been quick to point out the pros – and the cons – of an alternative. What’s the […]
Published: 19/11/2020 789 Holdings Limited (“789” or the “Company”) wishes to advise the appointment of Ms Carolyn Chudleigh as non-executive director of the Company. Carolyn is the global head of HFW’s international construction team. Carolyn is a highly regarded legal practitioner in Australia’s property development sector and has over 25 years’ experience. Carolyn is also the head […]
789 Holdings Limited was successfully listed on the National Stock Exchange on March 4th 2019, at 11am. 789 Holdings Limited is the first real estate project marketing and property management company to be publicly listed in Australia. Today marks an honourable milestone that reflects the company’s past accomplishments and a path that will be paved […]
Congratulations to the final winner-Sun Yat-Sen University whether it’s a competition between the gold medal and the championship or a contest of skill and manifestation of teamwork, there are no opponent’s only friends which all share a strong passion for the game. As the official exclusive sponsor of this competition, HOME789 strives to uphold the […]
Our CEO Walton Chu was interviewed by ABC’s The Business program and expressed his view regarding the consequences of tightening government regulations to overseas clients. According to the Foreign Investment Review Board, Chinese investors are the biggest group of foreign buyers in the Australian real estate market. Based on ‘The Business’, Offshore Chinese investors have […]
Access to bank funding remains on of the hottest topics in Australian property development. An already tight lending environment has been further complicated by growing currency restrictions in China, one of the biggest markets for Australian off-the-plan developments. This has added to the pressure to find new alternative sources of development capital. The 2017 Australia-China Property […]