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A toxic combination of Middle East conflict fallout and interest rate rises could trigger widespread delays to new housing projects across Australia, industry experts predict.
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The Australian

Good afternoon,

Rising fuel prices and high interest rates threatens to slow the property sector, potentially hitting large homebuilders and residential developers as they face a squeeze from higher costs.

Property funds house Charter Hall, which controls the country’s largest office portfolio, has lashed out at suggestions that staff should work from home amid  fuel shortages.

While other developed nations shrink, projections show our sunny, remote, resource-rich, and hopefully safe Australia will still be growing in 2071, writes Bernard Salt.

Let me know what you think - wilmotb@theaustralian.com.au

Ben Wilmot
Commercial Property Editor
CONSTRUCTION
Cost surges to hammer new-home sector as developers cop brunt
A toxic combination of Middle East conflict fallout and interest rate rises could trigger widespread delays to new housing projects across Australia, industry experts predict.
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PROPERTY
‘An own goal’: CEO slams WFH push over fuel costs
Charter Hall boss David Harrison has slammed work-from-home calls amid fuel shortages, warning companies might turn to AI if staff avoid offices.
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RETAIL
Woolworths sells $500m supermarket portfolio to Asian investor
The supermarket giant has finalised a deal to sell a portfolio of 10 shopping centres across NSW, Queensland and Tasmania to an investor backed by Taiwanese billionaires.
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COMMENTARY
The rise of Big Australia long after the Boomers are gone
While other developed nations shrink, projections show our sunny, remote, resource-rich, and hopefully safe Australia will still be growing in 2071.
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Hospitality
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Inside three major Brisbane hotels that just hit the market
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