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 […]
Published: 03/09/2020 Photo: James Alcock/Fairfax Media The Reserve Bank of Australia has again held the cash rate at 0.25 per cent at its September meeting on 1st of September, which is a vote of confidence in the economy. While this should provide some support for the property market, other factors are leading to flat conditions […]
Published: 01/10/2020 Deicorp will push ahead with construction on its next transit-oriented project spanning six separate buildings in Rouse Hill. The Sydney-based developer and construction company, who is also behind “The Block” redevelopment in Redfern, expects to start construction on the Civic Way project next month after being greenlit by the Sydney Central Planning Panel. […]
Published: 16/09/2020 The RBA and the banks are working together to get cheap money to businesses, families and state governments to galvanise the recovery. There are signs the modest coronavirus-induced housing correction may be coming to an end in all cities but Melbourne, according to the latest daily CoreLogic index data. The risk to this […]
Published: 16/09/2020 House prices are expected to bounce back sharply by mid-next year and will fall by a smaller amount from the peak, as low interest rates lure buyers back into the market, a new CBA report says. The bank expects property prices across the country to fall by 6 per cent from peak to […]
Published: 03/09/2020 Photo: James Alcock/Fairfax Media The Reserve Bank of Australia has again held the cash rate at 0.25 per cent at its September meeting on 1st of September, which is a vote of confidence in the economy. While this should provide some support for the property market, other factors are leading to flat conditions […]
Published: 01/09/2020 HOME789 with leading Sydney developer Deicorp, opened the doors to Sydneysiders on Sunday, August 23 at Alfarn, Rockdale, showcasing a world class display centre and finishes designed by leading architectural studio, Turner. The new residences, which is the number one project in Rockdale, located between Chapel Lane and Lister Avenue, brings cosmopolitan luxury […]
Published: 28/07/2020 In order to stimulate the construction industry and reduce the burden of home buyers during the COVID-19 crisis, the NSW government will temporarily axe stamp duty on new homes under $800,000 for first home buyers. Under the changes, the threshold for stamp duty being charged on new homes for first home buyers will […]