In the news 1 First-home deposit plan ‘risking US-style crisis’ Labor’s plan to let first-home buyers enter the property market with just a 5 per cent deposit risks a repeat of the US subprime lending crisis, independent MP Rebekha Sharkie says. 2 ‘Really strong': Capital housing markets set to outpace regions in turnaround Regional home prices have risen 6.6 per cent in the past year, ahead of capital cities, but new data reveals the tide of growth is turning as the capitals gain momentum. 3 From strippers to sacked: day of reckoning for Australia’s property mavericks Rather than being a rogue house, JLL’s hotbed of bad behaviour is a problem for Australia’s commercial property industry as a whole. How did it get this bad and what now? 4 Landlords warn WFH will cost Victoria in global capital flight Leading property chiefs have delivered a stark ultimatum to Victoria: ease workplace restrictions or watch global capital flee to competing cities. 5 ‘Overwhelmed’: First home buyers scheme set to expand in Queensland The state’s LNP government plans to more than double its $165m first home buyers scheme after receiving 15,000 expressions of interest. 6 Squeeze forcing homebuyers into tough choices Even when households are under strain, the priority remains the same: secure a foothold in the property market.

Market movers Lederer offers fresh vision for Elanor office trust Billionaire Paul Lederer believes he can use his organisation’s property smarts to turn around the performance of Elanor’s troubled office fund. Lendlease defends funds after vote derailed by super fund flip The investment manager is standing behind three large funds which control $10bn worth of assets, even as they come under threat from rival Mirvac. Mirvac inks Harbourside joint venture with Mitsubishi The Japanese heavyweight is making waves in Australian development, pouring $17bn into local projects. RBA’s asbestos reno horror: 2020 report highlighted deadly dust A bombshell revelation from the RBA’s building inspector threatens to derail the bank's explanation for its $1.2bn headquarters renovation crisis.

Prestige property Top Dubai player to build luxe resort and homes in Fiji Luxury resort developer and operator Kerzner International is set to make a big splash in the South Pacific with plans to build 20 private homes, plus a 40-room boutique hotel in Fiji.

Commercial property