Posts Tagged ‘Emerging issues’

Easing of Sydney’s lockout law provides relief for CBD Businesses

Thursday’s announcement by New South Wales’ Premier Mike Baird to soften its lockout laws may be seen as a relief for business operators in and around Sydney’s CBD and Kings Cross. The state government’s response to the easing of these laws, as recommended by an independent liquor law review, is the extension of the 1:30am […]

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GDP contracts for the first time in five years

Australia’s growth figures were released yesterday, with the revelation that the economy contracted by 0.5 per cent, in seasonally adjusted terms, over the September quarter. As a result, annual growth figures for the June quarter had also been revised down from the previous 3.1 per cent to 1.8 per cent. September’s figure is not only […]

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Current Economic Impacts – January 2016

The current global financial market outlook has highlighted some concerning issues that may impact the Australian economy and all sectors of the property industry. On 16th January 2016 the United States and the European Union lifted sanctions against Iran. These sanctions included banking, steel and shipping, which had been in place since 2012. Access to […]

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Changes to the Significant Investor Visa dramatically reduced application figures

The Significant Investor Visa (SIV) was introduced to attract high net worth investors into the Australian property market. We first reported on the SIV program in 2014, commenting that wealthy foreign investors, particularly Chinese investors, were using the SIV program to invest in the local Australian property market and live in the country. More recently […]

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Frenzied auction, low retail yields – can they be repeated with individual sales?

Seven 7-Eleven convenience stores and service stations in NSW were bought at a Sydney auction in August by private investors for a combined total of $33.085 million, with a benchmark yield of 3.85 per cent and average yield of 4.6 per cent (The Urban Developer). The properties sold by the BRW Rich List Withers & […]

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