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08.09.26 - 06:18
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Bathla Crisis Exposes Australia′s Property Lending Risks (Bloomberg)
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Insolvent Australian property developer Bathla Group has secured enough stopgap funding to survive a few weeks, but it still faces $2.5 billion in creditor claims. Thousands of homebuyers remain in limbo after the firm told 213 staff members to stop work, halting construction on some projects. Bloomberg Economist James McIntyre and Private Credit Reporter Sharon Klyne join "Bloomberg: The Asia Trade" to discuss the implications for Australia's property sector. (Source: Bloomberg)...
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01.09.26 - 02:42
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Australia Housing Boom Shows Signs of Cracking (Bloomberg)
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For the past three decades, rising Australian housing prices have enriched families and made property the engine of household wealth. Now the boom is under threat, and the consequences are rippling across the financial system. Bloomberg's Paul Allen looks at what that means for property buyers and sellers in Sydney. (Source: Bloomberg)...
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22.08.26 - 05:42
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Wealth Exodus: Australians Flock To Property Investment Over Business (ZeroHedge)
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Wealth Exodus: Australians Flock To Property Investment Over Business
Authored by Rex Widerstrom via The Epoch Times,
Fewer Australians are putting their capital into businesses, with the drop most acute among the wealthy, new data from the Committee for Economic Development of Australia (CEDA) shows. Instead, more wealth is flowing into property.
A food delivery worker waits to collect an order at a shop in the Sydney CBD in Sydney, Australia, on Aug. 15, 2026. George Chan/Getty Images
The proportion of working-age Australians who run a business which employs people fell from 13.8 percent in 2002 to just 9.8 percent in 2022, according to the report called "Bricks, not Businesses."
Over the same period, the numbers of people who own at least one investment property went up by 8.1 percentage points.
That trend is even more pronounced among the wealthiest 20 percent of households, where the share of wealth tied to business fell from 11 percent in 2002 to 4.4 percent in 2022.
Meanwhile,...
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