Business
Weak population growth worries property leaders – The Australian Financial Review
Top property executives have cautioned that feeble population growth will remain a brake on the housing market.
Increased confidence for small and medium enterprises especially, buoyed by the budget measures, should translate into occupancy, a boon for landlords such as Dexus, the country’s biggest owner of office towers, according to Deborah Coakley, its executive general manger for funds management.
“From a landlord’s perspective, as we see business confidence rise, we can certainly see demand for space,” she said.
But the budget papers also set out a series of assumptions for Australias population gr…
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