Bank guarantees are the foundation of the commercial property industry, and for most Australian businesses, it is no secret that they have been neglected by other banks.
The NSW Government is publishing State Agency League Tables to track and hold 22 NSW state agencies, corporations and electrical authorities accountable for development.
A new report reveals two crucial federal reforms could unleash almost 14,000 homes into Sydney housing markets, as Australia responds to a housing supply and aged care crisis.
Essential workers –teachers, nurses, police and childcare workers– have been priced out of Greater Sydney’s housing market, with new data revealing the dream of home ownership or affordable rental housing has slipped well beyond their reach.
There’s a growing sentiment that industrial tenants are moving away from Sydney, opting instead for Brisbane and Melbourne, where industrial rents are substantially lower, DA approved serviced land is more readily available, and development assessments are processed significantly faster.
The Property Council of Australia is calling for urgent action from the NSW Government to address chronic delays in council development application (DA) processing.
A new report has found that Sydney is the fastest-growing data centre market in the entire APAC region, with an uptick in AI adoption likely to drive further expansion in the data centre sector.
Greater Sydney will lose out on more than 100,000 new homes – equivalent to a city the size of Wollongong – without action to limit the impact of property taxes and charges, and faster planning approvals, a new report has found.