01 August 2023 | Daily Inspirational Video for Property Development, Investment & Construction Entrepreneurs and Professionals!
A dispute between two of Australia’s best-known property companies has boiled over into public after builder Grocon put two subsidiaries into voluntary administration in the middle of a court battle with Dexus over a $28 million lease claim against it by the country’s largest office landlord. Grocon executive Daniel Grollo on Friday called the decision to […]
PHOTO: A report said it appeared Mascot Towers was “moving in a downward motion”. (AAP: Bianca De Marchi) Here’s what you need to know this morning. Mascot Towers building ‘sinking’ Displaced residents of Sydney’s troubled Mascot Towers are concerned by the latest engineers’ report, which identifies “a new issue” with the cracking building that suggests it may […]
Australian properties resold for $14.06billion in profits, but 11.1% of homes were resold at a loss. Key findings from the CoreLogic Pain & Gain Report for the September 2018 Quarter includes: Property resales in Australia earned $14.060 billion in profits nationally. National losses from property resales amounted to $488.1 million. Houses have consistently experienced a higher proportion […]
The NSW economy could grow by $130 billion less over the coming decade if net migration to the state was halved, as has been called for by Premier Gladys Berejiklian. Such a cut would see immigration numbers to NSW down to about 50,000 a year, with around 54,000 potential migrants being diverted to other states, […]