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Commercial Interest Rates News

Commercial real estate interest rates news and RBA announcements.

Meriton founder Harry Triguboff calls for lowered interest rates
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Meriton founder Harry Triguboff calls for lowered interest rates
After six decades of business, Meriton boss Harry Triguboff says he will stop developing as many apartments given the difficulty in selling them thanks to high interest rates.
Bounce back: property deal-making to get back on track
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Bounce back: property deal-making to get back on track
This year is set to be better for commercial real estate than the quiet 2023 but vendors may need to cut back expectations.
Rate rises risk pushing property prices higher as production stalls
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Rate rises risk pushing property prices higher as production stalls
Governments and housing authorities must take into account the effect of their actions on home building, and failing to do so will be costly for all.
Redcape’s gaming pubs slugged by rate hikes as sales on the table
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Redcape’s gaming pubs slugged by rate hikes as sales on the table
The $1.44bn fund will sell down pubs as times turn tough but says it will move prudently.
Interest rate cuts of 1pc coming in 2024: economists
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Interest rate cuts of 1pc coming in 2024: economists
Major bank economists are tipping interest rate cuts of more than 1 per cent next year as the pain of the past 15 months finally takes effect and slows the economy.
Spring home sales expected to begin strongly in the face of rising rates
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Spring home sales expected to begin strongly in the face of rising rates
Experts say high volumes of sales could happen despite a moderation in housing prices.
Go Green: the new way forward for commercial property
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Go Green: the new way forward for commercial property
A new report has found there are a multitude of opportunities for Australia’s commercial property sector to capitalise on green finance, with socially conscious investment strategies a key driver.
Demand still strong for premium assets at Burgess Rawson portfolio sale
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Demand still strong for premium assets at Burgess Rawson portfolio sale
Despite interest rate rises scaring off some buyers, the Burgess Rawson portfolio auctions proved many are still prepared to pay a premium for essential service assets with long lease terms.
Interest rate rises puts credit squeeze on specialist assets
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Interest rate rises puts credit squeeze on specialist assets
Developers working on specialised projects are finding it increasingly difficult to obtain credit from Australia’s risk-averse large bank lenders in the face of rising interest rates.
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