Economic News

Eager investors have splurged more than $12 billion on office space in Sydney and Melbourne alone in one year as the cash splash on Australian commercial property continues.

REA Group chief economist Nerida Conisbee says it’s only a matter of time before Donald Trump’s presidency impacts Australia’s financial and property markets. But it’s not all bad news.

Like many Australians, I’ve been watching the US election unfurl with a mixture of fascination and amusement. This article originally appeared on theaustralian.com.au/property.

Want a happy workplace? Provide lots of booze. This article originally appeared on theaustralian.com.au/property.

The Victorian government has unveiled a $7 billion plan to revive the Arden precinct in North Melbourne over 30 years, boosting housing supply in an area currently in industrial use. This article originally appeared on theaustralian.com.au/property.

I recently bought a new car, a Volkswagen Golf. My previous car was an ageing Toyota Corolla which, according to my friend Luke, was worse than most university students’ cars. This article originally appeared on theaustralian.com.au/property.

Markets don’t like surprises or uncertainty and the Australian commercial property sector is no exception. This article originally appeared on theaustralian.com.au/property.

With the fate of Australia’s leadership hanging in the balance there are significant implications for our commercial property market, depending on how the votes fall in the coming days.

In the past 18 months, there has been a continual compression of capitalisation rates, or cap rates, across Australia’s commercial property markets. So what exactly does this tell us about where the market is now …