Westfield Burwood circa 1999, a year before being demolished to make way for a new Westfield building.
Wikimedia Commons (unknown author)
The fact that Westfield's founders are moving out of physical store development to invest in innovative retail technology shows what's to come in Australian retail.
All Australians involved in property transactions will likely be dealing with privatised land title offices in future.
The way land titles are issued, bought and sold will soon be very different, thanks to privatisation and technology.
It’s not just workers on building sites that will feel the pinch of the construction downturn.
The threat of a loss of jobs in the the industries that support construction reveals the problem in relying on building to sustain the economy.
The typical residential property investor is on average 42 years old; male and 72% are married.
Individual households in Australia, on average, own 83% of all investment dwellings rented to private tenants or resold. They are people who usually have another main source of income.
A woman walks through a market in Luanda, Angola. People who live in Africa’s cities rely heavily on the informal sector.
Most African cities are expensive, informal and non-industrial. This has produced unique socioeconomic and environmental risks that must be carefully considered in policy development.
Property is under threat, physically and conceptually, from climate change.
To create property systems that are as dynamic as the landscapes we occupy, we might need to start thinking about ourselves as belonging to and answerable to the land, not the other way around.
The none-structural storm damage: ceiling failure due to water ingress into roof cavity.
Water moves into Australian homes during severe tropical storms like Cyclone Debbie. But no definitive housing codes, standards or guidelines exist to stem the flow of unwanted storm water.
The vast majority of cranes are used to build apartments.
AAP Image/Paul Miller
About 84% of cranes in Australia are used on residential sites, with commercial projects making up 5% of crane activity. Health, education, infrastructure and recreation projects make up the rest.
Without better regulation, renting will still be insecure and unaffordable.
The problem with the current rezoning approach is that it leads to huge windfall profits and developments aimed at the upper end of the market.
The community needs affordable housing and that requires meaningful targets for new developments. The only ones who will lose out are landholders who make windfall profits from rezoning.
Unequal access to housing has considerable long-term effects far beyond just property ownership.
New research finds higher property prices are associated with higher household income and spending inequality.
High-rise living is no longer synonymous with crime and deprivation.
Consumers won’t be able to use PEXA anytime soon but it might streamline the buying and selling of property.
The paperless property market is now a reality and it could provide a faster more efficient sales. But its unlikely any consumers will be using the system themselves.
NSW treasurer Gladys Berejiklian has handed down a $3.7 billion surplus.
NSW's no-debt budget comes with a declining share of GST, an issue that must be wrangled with the federal government.
Australians do business with a title office only a couple of times in their lives – when they buy and sell their homes, for instances.
Privatisation has its advantages. But Australia’s title offices may not necessarily be the right government businesses to be privatised.
Sydney investors can profit equally from purchasing apartments or houses.
Herding behaviour is leading to excessive borrowing, further fuelling apartment prices, particularly in Sydney.
New housing finance is now contracting quickly.
Where investment loans were the fastest growing category of housing finance at the end of 2015, it is now the leading area of contraction.
Several preventative measures can be taken to reduce the impact of fraudulent property industry behaviour on consumers.
Consumers lose out when a real estate agent acts fraudulently – be that false advertising, deceptive conduct or misusing trust funds. Research shows a link between such misconduct and lower regulatory and educational standards.
Determining how far a person can lawfully go in protecting themselves in a home invasion requires consideration of complex legal issues.
By requiring that a person acting in self-defence must act genuinely and reasonably, Australian states and territories appropriately balance self-defence against vigilantism.
Domain and REA are going head to head, but what if one reinvented the game?
Image sourced from Shutterstock.com
Fairfax's Domain is closing the gap on its rival REA, in a game where there's usually one winner.