Rural building sector roars ahead

THE building sector in rural Victoria is still going strong, latest figures from the Building Commission shows permits issued grew by more than $256.2 million in May 2008.

Commercial property goes back to the future

INVESTMENT activity in the commercial property sector in the first half of 2008 has fallen to levels witnessed in 1993 – the year Australia came out of recession, according to CB Richard Ellis.

Credit crunch take bite out of investments

AUSTRALIA reported over $US30 billion in commercial property sales during 2007, but the global credit crunch will take a big bite in 2008 and transactions are forecast to by 50%, according to a DTZ...

NSW retail investment sales plummet

SLOW down in sales activity coupled with limited stock and the withdrawal of wholesale funds has seen retail property sales plummet in New South Wales, according to LandMark White.

Market works against QLD

HIGHER costs, increased difficulties in access to funds and change in market sentiment has stifled Queensland’s buoyant retail property investment sector.

Victorian retail sales remain buoyant

VICTORIA has emerged as the only state on the eastern seaboard to record an increase in retail property transactions.

Quantity surveyors are optimistic… for now

QUANTITY surveyors remain optimistic and expect a slow increase in workloads over the next six months, according to the Westpac/AIQS BRIX Building Survey.

Has a suburban office market emerged in Perth?

OPINION: THE Western Australia economy has grown strongly since 2003 on the back of surging Asian demand for commodities.