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Prime Commercial Spaces Set to Outperform in 2026

Posted on by Laze Spasevski
Commercial demand reshapes as quality assets lead
Commercial property isn’t moving in a straight line, and Knight Frank’s 2026 outlook highlights the spaces set to outperform in 2026 as the next phase of the cycle looks very different from the past decade. After years of ‘beds and sheds’ outperformance, the gap between sectors is narrowing. Office and retail assets are now positioned to deliver stronger income returns in 2026. Driven by gr...
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RBA Expects Small Businesses Cash Flow to Ease

Posted on by Laze Spasevski
RBA expects small business relief ahead
The Reserve Bank of Australia (RBA) expects cash flow pressures on small businesses to ease. This is because recent rate cuts begin to flow through to lower borrowing costs and improved financial confidence. In its latest Financial Stability Review, the RBA said smaller firms are likely to feel the benefits sooner, particularly those with variable-rate loans secured against property. Becaus...
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Australians Find Better Value in Building

Posted on by Laze Spasevski
Home Construction Rises as Conditions Improve
With established property prices climbing, more Australians find better value in building. This is reflected in new data from the Housing Industry Association (HIA), which shows new home sales rose 25.9% in September and 4.0% over the quarter. HIA chief economist Tim Reardon said lower interest rates, government incentives and rising property prices have made building comparatively more aff...
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Construction Costs Growth Hits 15-Year Low

Posted on by Laze Spasevski
Building Cost Growth Hits 15-Year Low
Residential construction costs growth hits 15-year low as it rose just by 0.4% in the March quarter. This is the lowest quarterly increase since 2010, according to the Cordell Construction Cost Index. As a result, annual cost growth fell from 4.0% in the December quarter to 3.4% in the March quarter. However, building costs have risen 31.3% since the start of the pandemic in March 2020, so ...
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840 Cranes Operating Nationwide

Posted on by Laze Spasevski
840 Cranes Operating Nationwide
According to multinational construction group, RLB, 840 cranes are operating nationwide. Construction crane numbers remain strong across Australia despite a recent dip in building activity. With 840 cranes operating nationwide during the first quarter of 2025, the country continues its streak of 800-plus active cranes. This trend started in the first quarter of 2022. However, numbers were l...
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Victoria Extends Stamp Duty Concession

Posted on by Laze Spasevski
Victoria Extends Stamp Duty Concession
  Victoria delivers amazing news for all off-the-plan homebuyers as it extends the off-the-plan stamp duty concession for another 12 months—boosting housing affordability and driving new construction. The Allan Government initially introduced this concession in October 2023 as part of its Housing Statement, with an original end date of October 2025. However, the 2025/26 Victorian St...
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Homebuilding Costs Increased by 40%

Posted on by Laze Spasevski
  Homebuilding costs have increased by nearly 40% since late 2019, according to a speech by Reserve Bank assistant governor Sarah Hunter. Meanwhile, general inflation (referred to as headline CPI in the graph) has been less than 20%. So why have residential construction costs grown twice as fast? Ms Hunter said one reason is that building materials and labour have “risen sharply” si...
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Inflation Expected To Fall In 2023

Posted on by Laze Spasevski
While inflation continues to be worryingly high, it may have peaked and is expected to fall in 2023. The Australian Bureau of Statistics’ latest data shows that inflation rose from 6.9% in October to 7.3% in November. In early December, the Reserve Bank of Australia (RBA) forecast that inflation would "peak at around 8%" in December. If that’s the case, inflation may already be coolin...
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Rise In Construction Costs Slowing Down

Posted on by Laze Spasevski
Rise In Construction Costs Slowing Down
Construction costs continue to rise sharply, but the worst is behind us as it appears to be slowing down. Residential construction costs rose 11.9% during 2022, after climbing 7.3% in 2021, according to CoreLogic’s Cordell Construction Cost Index (CCCI). The 2022 result was the largest annual increase on record, apart from the period impacted by the introduction of the GST. However, t...
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Construction Activity at Record High

Posted on by Laze Spasevski
Construction Activity at Record High
Australia is experiencing a “record high” construction activity across all sectors and states, according to Rider Levett Bucknall’s third-quarter construction report. The amount of construction work underway across Australia during Q3 was unprecedented with “similar levels of activity” forecast for the next two to three years. RLB said this building boom was being driven by: Federal...
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