Australia

ST group to re-open 87 F&B outlets in three markets

The re-opening accounts for 74% of the group's total network.

ST group to re-open 87 F&B outlets in three markets

The re-opening accounts for 74% of the group's total network.

Frasers Property appoints Anthony Boyd as CEO for Australia

He will be responsible for driving development initiatives in Australia.

Australian mortgage arrears slump to 1.49% in August

Western Australia got slugged the most, dipping to 2.75% from 2.91% in July.

APAC manufacturing recovery not imminent: report

A buildup of investors has led to an oversupply in the electronics sector.

APAC commercial property investment hit $163b in 2018

Investments in office, retail and industrial properties hit a new high of $146b.

Australia's GDP growth may fall to 2.5% in 2019

The weakening housing market and China's economic slowdown are to blame.

Price slump in Australian homes could hurt economy

Household consumption could suffer amidst stricter lending standards.

APAC leads growth in global real estate transparency

Australia and New Zealand placed second and seventh in the global transparency rankings.

Airline profits to fall 11% amidst rising fuel and labor costs

Crude and jet fuel prices are expected to climb 27.5% and 25.8%, respectively.

Australian bank inquiry could cut 8% of the country's finance jobs

Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.

Australian banks speed up Asian retreat as competition and oversight mounts

Amidst tighter regulatory pressures, analysts weigh in on whether Asia is still a market worth conquering.

Singapore-based Equis to build $1.6b solar project in Australia

The project will have an output of 1.8 million MWh/year and capacity for 255,000 homes.

Singaporean property investors: Look down under for higher returns

Over the past six months, Australia's property market trends have had investors, including those in Singapore, rethinking their plans. In December 2015, harsher punishments for violating foreign investment rules were implemented. Figures for Q1 2016 showed a marginal quarter-on-quarter increase of 1.6 percent for home values in Australian capital cities compared to Q1 2015 which saw a 3 percent increase (CoreLogic).