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Showing 1 - 10 of 23 results for "Housing investment"

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... spending. "Private domestic demand weakened as households consumed less, firms cut down business investment and housing investment dropped, while services supported growth, industry and construction contributed negatively," she said. "We expect the recovery ...

AustralianSuper, HESTA acquire majority stake in housing developer

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... Australia. The new company, backed by the industry super fund giants, was born from the merger of affordable housing investment manager Super Housing Partnerships and home developer Assemble, with the latter retaining its name. Newly appointed Assemble ...

Budget 2024: Additional $11.3bn promised for housing

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Albanese government has made significant new housing investments in the Budget to help deliver a comprehensive Homes for Australia plan. "We're easing the cost of living - and we're building more homes for Australians. In the five years from this ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
... "During his tenure, we have established vehicles to cater for Queensland's future development, including the Housing Investment Fund and Debt Reduction Fund," he said. The Treasurer thanked the outgoing chief executive Philip Noble for his long and ...

Cbus pledges $500m to support Housing Accord

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
Cbus is committing $500 million to support the construction of new social and affordable homes through the Housing Australia Future Fund (HAFF) as part of the national Housing Accord. Cbus chair Wayne Swan said the fund's commitment to the Housing Accord ...

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
A Frontier Advisors report ' Super in the Economy ' commissioned by ISA says that affordable housing's longer-term leases backed by government guarantee and low vacancy rates will deliver stable long-term returns that are resistant against ...

Industry funds buoyed by unlisted assets

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
... of Australians Own Big Super report finds. Furthermore, industry funds are keeping costs down thanks to in-housing investment management functions, pointing to the example of one fund that reduced such costs by 40% - from 86 bps to 51 bps. "This has ...

Aware Super builds out affordable housing

ANNABELLE DICKSON  |  THURSDAY, 23 SEP 2021
The $140 billion super fund is furthering its commitment to affordable housing with the acquisition of a site in Melbourne. Aware Super and its investment Partner Altis Property Partners purchased the 7000 square metre Bayview on the Park site and will ...

Aware expands affordable housing portfolio

KARREN VERGARA  |  FRIDAY, 5 FEB 2021
Aware Super continues to build its affordable housing portfolio with the addition of a new development in Greater Western Sydney. The $135 billion superannuation fund will construct 300 affordable housing units and 8750 square metres of office and retail ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... real GDP reflected decreases in consumer spending, exports, inventory investment, business investment, and housing investment that were partially offset by an increase in government spending. Imports, a subtraction in the calculation of GDP, decreased." ...
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