Property industry urges support for NEG
The Property Council of Australia has urged state and territory governments to endorse the National Energy Guarantee (NEG) and support its implementation at the COAG Energy Ministers meeting.
Tag: property
Balanced rental reform welcome; build-to-rent must be in the mix
The Property Council of Australia supports the intent of the Victorian Government’s rental reforms to be introduced to Parliament, but is calling for greater support for a build-to-rent asset class that will provide tenants with greater amenity and security of tenure.
Perth office market vacancy on steady climb down
Results from the July 2018 Property Council Office Market Report confirms Perth has passed peak vacancy and is now on a steady climb down.
Decrease in demand for ACT office space
The Property Council of Australia’s latest Office Market Report shows vacancy rates have declined over the past six months in the Canberra market, despite negative demand.
Sydney office vacancy tight
The Sydney CBD office market continues to be one of the tightest CBD markets in Australia and has the lowest vacancy rate in over ten years with the vacancy rate dropping from 4.8 to 4.6 per cent in the six months to July 2018 according…
Go west for tight office supply
The Property Council of Australia’s latest Office Market Report released shows that Parramatta continues to be one of Australia’s strongest emerging commercial office markets with total vacancy increasing slightly in the six months to July 2018 due to much needed supply additions.
Stapled Structures and Build-to-Rent legislative package bring certainty
New rules that clarify the framework for institutional investment in real estate, including allowing investment in Build-to-Rent housing, have been warmly welcomed by the Property Council of Australia, although tax levels for international investors in Build-to-Rent remain a concern.
Good growth needs good planning
The call from outgoing Infrastructure Australia chief executive Philip Davies for more discipline on infrastructure planning needs to be heeded by all levels of government if Australia is to grow successfully.
Queensland’s confidence remains constant
Confidence levels across Queensland’s property industry remain fairly constant, with only small variations in business confidence levels since the June 2018 quarter, according to the latest ANZ/Property Council Survey.
Victorian industry’s confidence cools amid supply concerns
The latest ANZ/Property Council Survey reveals that confidence in the Victorian property industry has cooled, with a drop of six index points in the September 2018 quarter.
NSW Property Industry confidence dips further
The latest ANZ/Property Council Survey released shows the NSW property industry has once again dropped in confidence, going from the state with the strongest sentiment to the weakest.
Property sector confidence dips for September 2018 quarter
ACT Executive Director of the Property Council, Adina Cirson has said that new ANZ/Property Council Survey results reveal a dip in confidence expectations for the September 2018 quarter, following a strong performance by the nation’s capital for the preceding 12 months.