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Australia’s top banks look to diversify from mortgages as rates peak

todayMay 5, 2023

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AUSTRALIA’S top banks may be forced to look beyond their traditional residential mortgages business for growth as the windfall from high interest rates peaks and the risks from runaway inflation and competition rises.

Written by: sherwin@eyeconz.com

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labelReal Estate News todayMay 5, 2023

A house that is as green as it gets

ELEVEN years ago, Sally Liu, a water-resources engineer, and her husband Bay Chang, then a senior research scientist for Google, bought a 0.84-acre lot for US$2.675 million in suburban Hillsborough, California. Avid environmentalists in their mid-40s with two young sons, [...]

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labelReal Estate News todayMay 9, 2023

New York’s smallest businesses face big rental hikes

THREE years after the pandemic flattened the Manhattan office market and the commercial ecosystem that depended on it, small businesses in the other boroughs are facing the biggest rent increases in the city. The burden is landing mostly on store owners in predominantly Black, Latino and Asian neighbourhoods, according to a new analysis of Department [...]

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