Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 2071 results for "Housing"

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... head of prices statistics Michelle Marquardt. Marquardt added the most significant contributors driving inflation were housing which was up 8.4%, food and non-alcoholic beverages up 7.9%, and furniture, household equipment and services up 6%. Partly ...

Government pledges $2bn to fast-track social housing

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
The government has unveiled a $2 billion Social Housing Accelerator investment to expedite the construction of new social housing across Australia. The Social Housing Accelerator funds will be dispensed to State and Territory governments within the ...

Infratil buys Brookfield stake in telco business

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... renewable energy platform focused on Australia, while Brookfield has been planning its local entry into the BTR space. "Housing and affordability are strong investment thematics for Brookfield and we want to invest in them around the world including ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... at 6.8% in May, up from 6.3% in the previous month. Meanwhile, award wages are set to increase by 5.75% on July 1. The Housing Industry Association fears that the move will slow down home building, while demand for it will only grow. Citing bleak figures ...

GQ Multifamily platform boost BTR pipeline

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... achieving this and to exceeding it," he said. Gurner said the current rental conditions and chronic undersupply of quality housing for Australia's population means the sector is well-placed to service this growing deficit. "GQ is ready to deploy all ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... suggests that high inflation is still broad-based and rates for financial services, insurance, food, non-alcoholic beverages, housing costs, electricity, recreation and culture all passed a peak, but generally remained elevated. Marquardt added it can ...

Dutch pension giants back $1.5bn local BTR deal

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
... blocks of our real estate strategy - urbanisation, where amongst other things, we look to address important issues such as housing affordability. "We have had a very successful partnership with the Scape team who have proven themselves to be capable ...

Brookfield looks to enter local BTR space

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... Brookfield head of Australia real estate Sophie Fallman said she's pleased to be bringing that experience to Australia. "Housing and affordability are strong investment thematics for Brookfield and we want to invest in them around the world including ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... and continues to be evident," he said. He added population growth is also particularly strong and rental lifts in the housing market as well as borrowing costs continue to contribute to cost of living pressures for households. "Certainly, the minutes ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... pressures on a touted 1.1 million Australians," he said. However, Groves commented that while CRA was a much-needed measure, housing supply at scale still needs to be addressed and said the elephant in the room is building more homes for Australians ...