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This is what's moving in property this week.
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In the news
1
Simple super solution to get housing going
ASIC has launched a review of rules forcing super funds to disclose stamp duty costs in residential property investments, a move that could unlock $10bn for new housing.
2
Revealed: Clive Palmer’s ex-lawyer’s $20m property portfolio
A suburban migration lawyer transformed into a property mogul during his decade working for billionaire Clive Palmer, who now claims he was being defrauded.
3
Elanor rejects billionaire Lederer’s claims in $276m fund battle
Embattled property funds manager Elanor Investors Group has fired back at billionaire Paul Lederer’s moves to take over its $276m listed office fund.
4
When is a home not a home? Ask a millennial
Younger Australians, when they can afford it, are future-proofing their finances through property and securing their first home as just a stepping stone.
5
Homeowners ride ‘Goldilocks’ market to get ahead
Australian borrowers have defied expectations by maintaining peak-rate mortgage payments even as interest rates tumble, with 90 per cent choosing financial security over extra spending.
6
Regulators close in on debt-laden Adgemis
Sydney pub baron Jon Adgemis is battling the ATO in his business empire and across his personal finances, but AFSA and ASIC are also circling.
Market movers
Harry Triguboff’s Meriton to expand hotel empire
Property billionaire Harry Triguboff has defied tourism headwinds to claim the crown as Australia's top-ranking hotel owner, with ambitious plans for more luxury sites.
Metrics joins Deicorp in $1.8bn Five Dock apartment venture
A massive $1.8bn development is set to transform Sydney's Five Dock into a bustling village precinct that will supply nearly a quarter of the council’s housing target of 5,000 new homes by 2029.
Star salvages $1.4bn Queen’s Wharf rescue deal
The embattled casino operator’s deal with its two Hong Kong backers is back on as bosses work to turnaround the business.
Japanese giant closing in on Harbourside berth
Sydney's iconic Darling Harbour faces a dramatic transformation as Mirvac courts both a local hospitality leader and an Asian investment titan for its latest mega project.
Hostplus seeking to dump Lendlease from shopping centres
The fresh hit of losing the near-$3bn shopping centre trust would knock out a key plank of the manager’s local expansion plans.
Prestige property
Victoria’s Secret model lists home with AI surveillance for $24.51m
The Brentwood house is fortified with cameras and laser beams surrounding the property