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Market
Property developer rescue talks collapse, funds dry up
Scores of construction workers have been laid off after administrators of a major property developer announced rescue funding talks had failed.
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Market
Crisis averted but home developer still on life support
Administrators trying to find the money to save buyers, creditors and employees of embattled developer Bathla.
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Economy
Retail sector bracing for economic pain
Economics expert ‘expects to see some retailers go under and you might expect to see little or no growth in employment in retail’.
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Market
Spring housing market is looking a bit gloomy
Economic uncertainty has produced a buyers’ market able to take advantage of deals not seen for a long time.
Market
Developer collapse sparks buyer fears
Bathla Group describes the process as an “orderly restructure”, adding first thoughts are with employees and customers.
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Economy
Australian economy ‘drifting’ despite natural gifts
Weak productivity growth and stifling business conditions are preventing Australia from capitalising on its economic strengths, a think tank claims.
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Economy
Housing affordability a handbrake on the economy
New report says Australia has the necessary ingredients to be a global economic powerhouse but it is lagging behind.
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Economy
‘Decline’: housing downturn looms
Higher rates and affordability pressures are threatening to push the housing market into a decline, with prices in the two biggest cities already on the slide.