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good shape

Which Australian Office Markets are in Trouble?

Queensland seems to have been hardest hit. And in particular the Gold Coast, where vacancy levels have soared to around 18%.

But the difficulties confronting Queensland (and fellow mining State WA) are not necessarily reflected Australia-wide.
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Taking Stock of Commercial Property

As I mentioned in a recent email to some Clients, it’s been surprising how few quality properties have been forced onto the market — given the difficulties caused by current global turmoil.

You’ve heard so much lately as to how bad things are. But let’s undertake a quick comparison for Australia — between 1990 and now.
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Year-end Recap, on Where Things Stand!

During October, business borrowing actually expanded by a healthy 1.1 per cent — to be 13.2 per cent for the 12-month period.

However, business debt and credit cards are considered more risky than home loans. Therefore, banks will raise their risk premium in these two areas; and not lower those lending rates, as much as the RBA’s official rate cuts.
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