Property heavyweights blast inflation and labour shortages, + Luxury properties forcibly change hands

Email Gerry Harvey’s warehouse power bills have doubled, builders are beset with labour shortages and it’s slim pickings for small business, according to industry leaders.

To view this email as a web page, go here.

REACTION ‘Slim pickings’: Budget hits and misses without the spin Gerry Harvey’s warehouse power bills have doubled, builders are beset with labour shortages and it’s slim pickings for small business, according to industry leaders. MOHAMMAD ALFARES EXCLUSIVE Unit slowdown: Triguboff calls for lower interest rates After six decades of business, Meriton boss Harry Triguboff says he will stop developing as many apartments given the difficulty in selling them thanks to high interest rates. By LISA ALLEN HOUSING Government charges making new homes ‘unaffordable’ Big home builders warn that thee crunch from higher levies and taxes are adding to costs and choking new supply. By MACKENZIE SCOTT BUILDING Biggest 50 builders worth $36bn amid change at top A Chinese-owned construction company has catapulted to first place on the list of Australia’s top 50 building firms, which now have 793 projects worth $36.1bn. | SEE FULL LIST By MOHAMMAD ALFARES HOUSING Labour shortages to test targets for housing The government has pledged a big cash splash on new housing, but labour shortages that have crippled the building sector loom as a critical test for its ambitious targets. By GIUSEPPE TAURIELLO BIDDING WAR Bad blood aplenty in $16m battle for Noosa beach site The Supreme Court fight between two prominent Queensland families fighting over a pristine block of waterfront land at Noosa has come to end in a heated auction with 41 bids. By MACKENZIE SCOTT COMPETING BIDS Goslings estate on the block in mortgagee sale The Goslings, a luxury 40ha Flinders estate on the Mornington Peninsula, has been relisted for sale – but this time it’s being marketed as mortgagee in ­possession. By JONATHAN CHANCELLOR COMMENTARY How our ageing population shapes property market Even baby boomers will eventually see their health decline to a point where unassisted living is impossible and this has significant implications for the overall population and our aged-care system. By SIMON KUESTENMACHER COMMENTARY Why ‘good’ and ‘bad’ Lendlease will have to part ways Chief executive Tony Lombardo knows he is going to have to dig deep later this month to pull the builder out of its downward spiral. By ERIC JOHNSTON PROPERTY Charter Hall flips city site of tower project Property funds manager Charter Hall has sold an office block in Brisbane’s CBD which had been billed as one of the group’s next major developments there. By BEN WILMOT   Travel + Luxury NEWSLETTER EVERY THURSDAY A weekly dose of inspiration from travel news and adventure curated by Susan Kurosawa, Associate Editor. Sign up ➔   NEWSLETTERS TODAY'S PAPER MIND GAMES THE AUSTRALIAN PLUS   Want to change how you receive these emails? Manage your newsletter preferences or unsubscribe from this newsletter. Sent by The Australian, GPO Box 4245, Sydney, NSW, 2001 Australia.