Australian property industry confident despite global and economic challenges

The latest ANZ/Property Council survey has revealed confidence levels rose slightly above June levels, with the ACT seeing the largest jump

10,000 new places for Regional First Home Buyer Guarantee Scheme to open 1 October

The scheme allows genuine regional owner occupiers to purchase home with a deposit as low as 5%

Office occupancy remains firm despite latest Omicron wave

Adelaide enjoyed the largest rise in office occupancy of the major CBD markets, according to the Property Council

Property industry responds to migration cap increase

The increased cap to 195,000 has been welcomed, although concerns about sufficient housing have been raised

Perth records highest office occupancy rate in Australia

Perth and Canberra were the only capital cities to record an increase in occupancy during July

Australian offices continue to bounce back in latest Property Council report

The pandemic hullabaloo about offices seemed to be much ado about nothing following encouraging stats in the latest PCA Office Market Report

More banks could join Home Guarantee Scheme, and Sydney market faces severe undersupply

The removal of the 2 major bank limit could see ANZ and Westpac join the major bank lender panel for the Home Guarantee Scheme

Strikes and sickness stall office return as occupancy figures flatlines around the country

Only Perth and Melbourne saw occupancies rise, while most of the country saw rates hold at last month’s levels

Survey records dip in property industry confidence

However, all states and territories recorded confidence above neutral despite unique economic conditions

NSW announces stamp duty changes for first home buyers

The new opt-in system has been introduced as part of the NSW government’s 2022-23 Budget

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