HomeMate.com.au

As new home project builders trim back their operations, and developers go into bankruptcy, some builders have their order books full because they have made a trend their friend.

New First Home Buyers incentive hurts second home buyers. Queensland general manager of Brisbane-based developer Devine Homes, Paul Nash, said second-home buyer demand has been sluggish, but when the $21,000 first-home owner’s grant was introduced in October, there was a pickup in first-home owner inquiry. First Home buyers charge petering out “We had a spike, [...]

Home land development giant Lend Lease Corporation depends on selling assets in this tough market. 25 per cent of Lend Leases profits every year came from asset sales it developed for sale around the world. But selling assets was tougher than usual because of the global finance credit crunch. The group wrote another $490 million [...]