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Approval paves the way for more diverse housing in City of Fremantle

The housing industry has welcomed the McGowan Government's decision to approve the City of Fremantle’s amendments to its Local Planning Scheme to enable greater housing choice.

Queensland (Qld)

Construction

Regional building approvals the "lowest on record"

Master Builders have forecast a "grim" year ahead for regional Queensland after the latest figures from the Australian Bureau of Statistics reveal building approvals have dropped again.

New South Wales (NSW)Sydney

Featured Property

Bespoke Scotland Island waterfront enclave

Just a short boat ride from the amenities of Sydney’s Northern Beaches, this deep-water property offers an entertaining family home or the ultimate weekend getaway. For sale via Kevin Packham of Belle Property Mona Vale.

Northern Territory (NT)

The Economy

"Solid spike" in enquiries after announcement of Northern Territory's new homebuyer scheme

First-home buyers are set to cash in big with the Northern Territory's new homeownership package, with agents reporting an increase in enquiries.

National

The Economy

Housing finance tumbles again, building industry calls for government to act

Australian Bureau of Statistics (ABS) figures show a dramatic drop in new housing loans.

Queensland (Qld)Brisbane

The Economy

Childless couples snapping up properties in highly sought-after school zones , as agents report "backlog" of buyers

Couples are lining up to buy property in some of Brisbane's most highly sought-after school catchment zones - before they even have kids.

New South Wales (NSW)Sydney

Featured Property

Elegant Victorian terrace moments from Sydney’s Centennial Park

Freestanding to one side, this beautifully renovated terrace is close to beaches, the Sydney CBD and other lifestyle attractions. For sale by William Manning and Nicholas Durkin of McGrath Edgecliff.

New South Wales (NSW)Sydney

The Economy

Crown Group chief executive "confident" about prospects for Sydney apartment market

Despite demand for Sydney apartments dropping off following the Opal Tower cracks, more cladding fires, and jitters over the banking royal commission, one developer is feeling confident about the market.

Queensland (Qld)

The Economy

Redland Bay development site with 36 existing titles

Expressions of interest are being sought for two nearby development sites that are being offered to the market for the first time in over 120 years at Broadwater Terrace and Marine Street, Redland Bay, through Ray White Special Projects Queensland.

Queensland (Qld)Brisbane

The Economy

What can you buy for $1 million in Brisbane?

The Sunshine State has some of the most prestigious property - here's what $1 million will buy you in Brisbane.

Pages

News Roundup

http://www.theaustralian.com.au/national-affairs/coalition-mps-push-caution-on-negative-gearing/news-story/18a20091b8b815aa4749c5479ca05b36

Coalition MPs push caution on negative gearing

Government MPs are preparing to move today to question Malcolm Turnbull’s tax agenda by arguing against reforms to negative gearing, seizing on a warning from former prime minister John Howard to be 'careful' about making the changes.

The Australian

http://www.afr.com/real-estate/developers-rush-to-flip-sites-as-values-peak-and-banks-tighten-lending-20160226-gn4mow

Developers rush to flip sites as values peak and banks tighten lending

As values peak, a growing number of east coast development sites are being listed for sale with those carrying a development permit attracting premium pricing.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/alibaba-founder-jack-ma-buys-bordeaux-vineyard/news-story/0e23fb0e95f1710c597e6e4699392b57?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20TheAustralianProperty%20%28The%20Australian%20%7C%20Property%29

Alibaba founder Jack Ma buys Bordeaux vineyard

China’s second richest man Jack Ma, the founder of e-commerce giant Alibaba, has become the latest investor from his country to snap up a French vineyard.

The Australian

http://www.theaustralian.com.au/national-affairs/treasury/malcolm-turnbull-keeps-negative-gearing-curbs-on-table/news-story/2be6ce517b5e5bbe4ad027862f00c136

Malcolm Turnbull keeps negative gearing curbs on table

Malcolm Turnbull is pushing ahead with the idea of capping the use of negative gearing by the wealthiest investors in a bid to craft a 'fair' tax reform that avoids the economic shock he claims Labor’s reform will deliver.

The Australian

http://www.afr.com/personal-finance/hotspots-in-nations-cooling-property-markets-20160224-gn23zf

Hotspots in Australia's cooling property markets

Middle-ring Brisbane and Adelaide suburbs near popular schools are the new property investing 'hotspots' offering potential income growth and capital gains, say property specialists who advise high-net-worth investors.

The Australian Financial Review

http://www.afr.com/real-estate/sydney-house-price-growth-to-slow-corelogic--moodys-analytics-say-20160224-gn323u

Sydney house price growth to slow

After several years of boomtime conditions in Sydney's property market, house price growth in the city will slow to 2.2% this year, CoreLogic and Moody's Analytics say in new forecasts.

The Australian Financial Review

http://www.smh.com.au/business/the-economy/six-graphs-that-show-why-we-may-not-need-to-panic-about-housing-20160225-gn3mnu.html

Who's afraid of a housing bubble? Six graphs that show why you shouldn't panic

Contrarian economist Jonathan Tepper this week re-ignited an age-old debate about whether we are in a property bubble. Alarming as his claims are, it is worth setting them against some other economic trends, which analysts say should dampen fears about the property market.

The Sydney Morning Herald

https://sourceable.net/global-green-building-continues-to-double-every-three-years/#

Global Green Building Doubles Every Three Years

The proportion of firms around the world expecting more than 60% of their projects to be green certified is set to double over the next few years, says the latest World Green Building Trends report.

Sourcable