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  • July 11, 2014
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  1. Property - International - AUSTRALIA

    Foreigners push up Australian home prices

    Posted Jul 02nd 2014, 04:49am by BLOOM

    ... estate amid concerns that overseas demand is pushing up prices and making housing unaffordable for domestic buyers. Housing prices climbed 10.7 per cent across Australia's eight state ... in housing," which supported the bank's forecast of a 7 per cent increase in prices this year, they said. Rising home prices posed some medium-term risks to the nation's economy, ...

  2. News - World - AUSTRALIA

    Zeng Wei angers Sydney by knocking down 106-year-old harbour mansion

    Posted Jun 18th 2014, 11:25pm by WASHPOST

    ... found that people with Chinese surnames paid slightly less than other buyers for similar houses and flats in Sydney, suggesting they were tough negotiators and not pushing up prices. Many ... of a former senior member of China's Politburo for A$32.4 million (HK$235 million). The new owners, Zeng Wei and Jiang Mei, sought permission to demolish the two-storey brick house and replace ...

  3. Property - International - AUSTRALIA

    Home sales data points to recovery in Australia

    Posted May 07th 2014, 05:01am by Reuters

    ... in the housing sector, an industry survey showed. The Housing Industry Association said its survey of large builders showed sales of new homes rose 0.2 per cent from February, taking the quarterly increase to 5.8 per cent. In the March quarter, sales of new detached houses grew 7 per cent, while the multi-unit sector eased 0.2 per cent. Detached-house sales increased in all of the surveyed ...

  4. News - World - AUSTRALIA

    Tony Abbott tries again to repeal carbon tax with Senate shake-up due

    Posted Jun 23rd 2014, 09:12pm by BLOOM

    ... the typical household A$550 (HK$4,000) a year through lower electricity prices. Australia has the highest per capita fossil fuel emissions among industrial countries. ...

  5. News - World - AUSTRALIA

    Opera Australia sacks leading soprano Tamar Iveri over anti-gay comments

    Posted Jun 23rd 2014, 09:08pm by AFP

    ... culminating as Iveri was due to perform the role of Desdemona in Verdi's Otello from July 5 at the Sydney Opera House. Many people threatened to boycott the company or cancel subscriptions. ...

  6. News - Asia - AUSTRALIA

    ‘Totally and utterly evil’ Australian baby killer gets life in prison

    Posted Jun 13th 2014, 12:58pm by Agence France-Presse in Melbourne

    ... in a raid of his house, the court heard.   ...

  7. Property - International - AUSTRALIA

    Housing revival may boost economy as mining boom tapers off

    Posted Sep 04th 2013, 12:00am by Reuters

    ... Reuters in Sydney Falling interest rates have given the property market a boost, as long boom in mining cools Prices up down under, but pace of rises slowing Home prices ... Figures out on Monday from property consultant RP Data-Rismark showed home prices rose 0.5 per cent in August from July, when they jumped by 1.6 per cent. Prices were up 5.3 per cent on August ...

  8. News - Asia - AUSTRALIA

    Australia will manage less than third of its pledged carbon cuts, report says

    Posted Jun 12th 2014, 02:37pm by Reuters in Sydney

    ... to the report. If it sets the price around A$10 per tonne, the level the government has indicated it would be willing to pay, emissions are unlikely to drop by more than 30 million tonnes over ...

  9. Property - International - AUSTRALIA

    Australian homeowners paying off mortgages at breakneck pace

    Posted Apr 23rd 2014, 05:20am by Reuters

    ... have been sanguine about a run-up in house prices that some worry could become a bubble if left unchecked. Speculative froth in property is not hard to find. A tiny 15 square metre studio ... Reuters in Sydney Australians have been rapidly paying down their housing debt in recent years, as a form of saving Homeowners pay off mortgages at breakneck pace The adage "safe ...

  10. Property - International - AUSTRALIA

    Record number of Chinese buyers pump up property prices in Sydney

    Posted Sep 18th 2013, 12:00am by BLOOM

    ... said. A three-bedroom house with a double lock-up garage and two sun rooms opening onto the rear garden sold for A$2.39 million, more than A$1 million over the reserve price, after 62 bids ... price, the house is sold to the highest bidder. If the maximum bid is below the seller's minimum price, the home is "passed in" and remains unsold. About one third of Eastwood ...




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