The latest News Reports & Records

Dwelling construction approvals fell by 8.6 per cent in April, dragged by a large fall for apartment developments in Victoria.

The construction industry has come under fire in recent months with various ongoing concerns such as lack of skilled labour, lack of supplies and most recently, the interest rate increase.

News this week has been somewhat dire for the construction and building industries, with discussions in the media about the likelihood of the industry grinding to a halt over a lack of supplies and workers.

Melbourne’s recent restrictions easing has been well received across the state.

A construction supply crisis is affecting key development projects across the country as builders deal with a critical shortage of building materials.

Property trading remained buoyant last week as the country’s two largest cities posted clearance rates indicating more than three-quarters of home auctions were successful, even as lockdowns curbed the number of transactions taking place.

The outlook for housing construction hangs on the ongoing strength of a stimulus-driven detached housing sector to keep activity ticking over for as long as the country’s lack of immigration remains a drag on apartments.

Dwelling construction approvals fell by 8.6 per cent in April, dragged by a large fall for apartment developments in Victoria.

It’s been over a year since the world as we know it changed. We seemed to go from a fairly carefree lifestyle to one with restrictions placed on us at every turn.

Life became even more difficult for self-funded retirees when the Reserve Bank of Australia (RBA) cut the cash rate by 15 basis points to a record low of 0.10%.

The Australian property sector is facing uncertain times following the COVID-19 pandemic that has seen dramatic changes to our residential and commercial markets.

If you’re raising capital to fund your project development, you may want to consider using mezzanine loan as part of your financing solution.

Known as the city of cutting-edge architecture, spacious parks and gardens and a prime spot for water activities, Melbourne is also pegged as Australia hottest property hotspot.

Property developers looking to refinance or purchase commercial property can apply for commercial property finance both for small and big projects.

Before applying for a commercial mortgage to fund your development project In Melbourne, make sure you conduct a ‘needs-assessment’ or a thorough analysis of your financing needs first.

Many developers and investors shy away from private lending due to a number of misconceptions.

Every property developer knows you can’t pick the bottom or the top of the market.While some pessimists are calling this is a “dead cat bounce others are starting to see sunshine over the horizon.

Interest rates in the private debt funding market has dropped significantly, despite banks closing their lending to property investors said Chrish Samuel Managing Director of Windsor Capital Management.