Gold Coast beachfront mansion listed for $47.5m eyes Qld record
A four-storey home on a triple beachfront block is the Sunshine State’s most expensive residential listing.
afr.com • Primary: Business & Economy • English
Chronological feed of stories from The Australian Financial Review (AFR)
A four-storey home on a triple beachfront block is the Sunshine State’s most expensive residential listing.
As the central bank governor raises interest rates to record levels, her employer is still splurging more taxpayer cash on a fancy fit-out.
The RBA’s deputy governor has acknowledged growing anger over multiple rate rises and heightened concern about future price rises.
A break-down in negotiations over rent relief with landlords triggered the collapse of the struggling retailer which was put into administration on Thursday.
Members have privately rebuked deputy governor Andrew Hauser for publicly hinting a fortnight before this week’s meeting that rates were very likely to go up.
Housing investors say the residential market is no longer worth buying into any more. Analysts say that won’t change even if or when interest rates ease.
High-end homes across the country are cutting asking prices by millions of dollars as vendors try to meet an increasingly subdued market.
Australia’s biggest property company says its switch into more date centre development can deliver earnings growth despite headwinds in the sector.
An investment boom makes a recession less likely, but it complicates the RBA’s inflation task by competing for stretched worker and construction capacity.
Blackstone’s dealmakers face a nervous end to the year as droves of HSBC’s local customers walk away, leaving behind a dwindling loan book.
Successive rates hikes combined with Labor’s property tax changes have triggered what the CBA expects to be the biggest housing correction on record.
A senior lender was fired over claims he secretly communicated on WeChat with a broker who the bank suspected was getting kickbacks for referrals.