AMP Capital Investors

RBA still not there yet – expect more cuts

OPINION: WHILE the Reserve Bank has cut the official cash rate back to its post GFC record low of 3%, overall policy settings are nowhere near as stimulatory as they were in mid 2009. Bank lending rates are much higher. Standard variable mortgage rates will need to fall to around 6% at least, which implies that the official cash rate will need to fall to 2.5% at least. This is expected to occur during the first six months of next year, with the RBA cutting again in February by another 0.25%. ... Full story

RBA likely to cut rates tomorrow

THE Reserve Bank of Australia is expected to reduce interest rates by 25 basis points, when the board meets for the last time this year. ... Full story

AMP and Westfield play monopoly

AMP Capital, Westfield Group and Westfield Retail Trust have traded interests in $1.75 billion worth of key assets and said the deal is proof that capital is available for the right investment opportunities. ... Full story

Circular Quay development gets go ahead

THE NSW government has approved AMP Capital and Mirvac's concept plan for the $300 million development of 71-79 Macquarie St, part of the iconic Circular Quay precinct. ... Full story

AMP and Sunsuper get DA for Brisbane tower

AMP’s Australian Core Property Portfolio and Sunsuper have been given the greenlight to develop a 12-level office building at the Coronation Drive Office Park precinct in Brisbane. ... Full story

Esanda likely to move in with parents

FINANCING company Esanda will likely be told by its parent ANZ Bank to move back home when its lease expires at 85 Spring St in Melbourne's CBD. ... Full story

Tenants running rings around Melbourne CBD

WEAKNESS in Melbourne's CBD office market has inspired tenants to play landlords off against each other. ... Full story

Dept Transport on the move to Docklands

THE Victorian government has signed another significant office leasing deal in the Melbourne CBD. ... Full story

Is the mining boom over

OPINION: THE mining investment boom still has another year or two to go but its peak is starting to come into sight and the best has probably been seen in terms of commodity prices. ... Full story

DJs targets Melb inner suburbs

DAVID Jones is going after Melbourne's well heeled residents, by opening a new village format department store at Malvern Central shopping centre in Melbourne's inner south-east, taking Target's space. ... Full story

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