The $2 billion Carmichael coal mine, one of Australia’s largest thermal coal mines, will comprise six open-cut pits and five underground mines covering about 447sq km. Adani states it will produce between 10 to 15 million tonne per year of coal, with an option to increase this to 27 million tonnes. Employment creation figures have…
Articles by Doron Peleg
is the CEO/Founder of RiseWise Property Review. He has more than 20 years’ experience in risk management including, Co-Founder of Peleg, Kessel & Co, an assurance and advisory accounting firm & Executive Manager at Westpac Banking Corporation in Sydney. www.riskwiseproperty.com.au/
The Sydney and Melbourne property markets are showing ‘clear signs of recovery’ with auction clearance rates hitting more than 70 per cent in both the capital cities. According to CoreLogic, Sydney hit 77.2 per cent and Melbourne delivered 73.6 per cent. The trend now is very clear with interim results in the 60s and 70s…
The risk of poor demand for high-rise units is increasing as recent major issues in their construction impact the market. The impact of the current situation with Mascot and Opal towers, combined with the NSW Government’s promise to conduct the biggest shake-up of the construction industry that this state has ever seen could be so…
While, overall, there has been a major reduction in the number of units in the pipeline, there are still areas where the stock is well exceeding population growth, and which continue to have high risk. The apartment oversupply was largely contained to rental properties where there was a high concentration of new small units. In…
As the property downturn draws to an end, there are important lessons for policy-makers, lenders and investors to be learned. Labor’s loss has eliminated the number one risk to the property market and this, combined with the high likelihood of interest rate cuts by the RBA this year, the introduction of the First Home Loan…
APRA’s scrapping of the 7 per cent ‘stress test’ buffer on home loans will effectively see a 9 per cent increase in borrowing capacity for owner-occupiers which will rise to between 13 and 14 per cent if the RBA undertakes two interest rate cuts before the year is out. With the current ultra-low interest rate…
RiskWise Property Research has significantly downgraded the risks to our real estate market, particularly in the Sydney and Melbourne property markets , following the shock results of the Federal election. Labor’s loss has eliminated the number one risk to the property market and this, combined with the high likelihood of interest rate cuts by the…
The property market will remain weak well into 2020 unless the RBA cuts interest rates and these are passed on by the banks. However, it was the introduction of lending restrictions by APRA, followed by the greater scrutinisation of loan applications as a result of the Royal Commission, that was the catalyst for the downturn….
The Prime Minister’s plan to help first-home buyers purchase with only a 5 per cent deposit could have a major impact on the broader economy. The Coalition’s First Home Loan Deposit Scheme, particularly in the current market and with the increased likelihood of interest rate cuts by the RBA, was by far more effective than…
Winter is coming and a cold change has swept across the Hobart property market. What was once a nicely heated Hobart hub has gone off the boil, with CoreLogic figures showing a 0.9 per cent slide of dwelling prices last month. Houses fell 1.2%, while unit growth was only 0.3% in March. Our analysis in…
