Rate cuts fails to lift building approvals

THE reduction in interest rates has failed to lift confidence, building approvals slumped a further 5.4% in October for the fourth consecutive month, according to the Australian Bureau of Statistics.

Apartment boom continues, as builder worry about future, says MBA

Australia’s boom apartment market continues to drive building approvals, according to Master Builders Australia

Victorian builders caution rate rise

The Victorian building industry has called for caution from the Reserve Bank in deciding whether to increase interest rates. According to Victorian executive director Brian Welsh, in spite of a...

CPA looking good

Commonwealth Property Fund is yet another listed trust that is predicting improved earnings in the financial year ending June 2004, according to its September quarterly update.

Babcock residential overcomes difficulties

HOUSING affordability and weaker consumer sentiment have failed to stifle Babcock & Brown Residential Land Partners, but the highly geared company has senior debts maturing in October 2008.

GEO & BOSI further relationship

GEO Property Group and BOS International (Australia) have entered into their third joint venture.

Leighton to build Ocean Park in HK

LEIGHTON’s Asia construction arm has won the contract to expand Ocean Park in Hong Kong.

Sydney Renter’s Outlook 2004

According to leading Sydney real estate firm Laing+Simmons the residential market in the Harbour City will be a renter’s delight in 2004.