Property and Infrastructure

A report by BIS Shrapnel suggests extending the First Home Owner Boost Scheme could help not only the housing market but provide support for the overall economy.

Australian house prices fell in the September quarter but Westpac notes conditions are becoming more supportive so 2009 may be less challenging.

Lend Lease has expanded its retirement assets via an increased stake in Babcock & Brown Communities.

Broker reviews of the listed property trust sector following the recent reporting season see analysts looking for value.

Could the earnings capacity of property drop by 27% in just six short weeks? Analysts are once again seething.

Macquarie Countrywide has won a reprieve from its lenders, but is the shattered REIT now offering value?

As earnings confession season continues Mirvac is the latest to revise guidance lower, brokers being quick to cut estimates and price targets as a result.

Gearing levels in the listed property trust sector remain above targeted levels and with other options not proving successful in bringing down gearing equity raisings are being seen as an alternative.

The latest report by BIS Shrapnel suggests limited gains in residential property prices are likely in FY09, though the market should then improve through to FY11.

It won’t settle the age old argument as to what asset class delivers the best returns but an ASX commissioned report by Russell Investment Group showed shares generated the best real returns over the past 10 and 20 years.