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Property Summit

The Australian Financial Review Property Summit is the preeminent gathering of the commercial property’s most influential leaders and insiders to dissect the issues facing the sector and identify the opportunities in real estate investment.


The federal government has pledged to build 1 million new homes over five years.

Cut immigration to 200,000 to improve housing affordability: AMP

The level of immigration must be cut to less than half its current 500,000 level to avoid overwhelming efforts to boost supply, says AMP chief economist Shane Oliver.

  • Nila Sweeney
More down than up: Housing starts by the country’s biggest 100 builders sank almost 23 per cent last year.

New housing starts plunge 23pc as biggest builders struggle

The worst has passed for Australia’s home builders, but it’s not clear whether the demand is there to get the sector moving again.

  • Michael Bleby
Victorian Premier Daniel Andrews on Thursday said he expected his state to pick up a “healthy share” of the $3.5 billion federal housing fund.

The housing game – who’s in it for the money?

Australia is adopting a new policy of carrots as well as sticks to get states building more homes. But while money helps, the biggest motivator is a changing political environment.

  • Michael Bleby

Affordable housing mandates would backfire, developers say

As Australia’s largest states gear up to reform their planning systems, there’s a battle under way over how far the changes will go.

  • Michael Bleby

Victoria eyeing fast-track housing applications, Daniel Andrews says

Developers, who say planning hurdles are the biggest obstacle to housing, are also wary about any new scheme, fearing it could raise costs.

  • Michael Bleby


Fighting back: Tim Gurner at the Financial Review Property Summit this week.

Tim Gurner deeply sorry for ‘wrong’ comments about tradies, job losses

The developer and Rich Lister has broken his silence to apologise to tradies for the “wrong” comments he made calling for job losses to improve productivity.

  • Larry Schlesinger
Gurner Group owner Tim Gurner in Sydney Tuesday.

Before crucifying Tim Gurner, consider some facts

The property developer has been condemned for wanting higher unemployment, but monetary policy has the same objective.

  • Aaron Patrick
Rich Lister property developer Tim Gurner has caused a global stir with his call for economic pain.

Jobs data brings good news for Tim Gurner (and the RBA)

Cartoon villain Tim Gurner is a long way from getting the jobs ‘pain’ he wants. But he can take solace in emerging signs of labour market slackness. 

  • James Thomson
Saint Haven founder Tim Gurner.

‘He didn’t mean you’: Manager to staff at Gurner’s wellness business

Staff at the Rich Lister’s anti-ageing network Saint Haven have been told comments about “arrogance” in the employment market were “in no way directed at our teams”.

  • Mark Di Stefano
Property developer Tim Gurner said unemployment needed to rise by between 40 per cent and 50 per cent.

Backlash on Gurner for entitled workers claims – but he’s not alone

US Democrat Alexandria Ocasio-Cortez was among those who criticised the millionaire property developer’s comments about employees’ desire to work, but mining industry veteran Andrew Michelmore says he has a point.

  • Euan Black
Property developer Tim Gurner said unemployment needed to rise by between 40 and 50 per cent.

Gurner got his start with loans from his boss, grandfather

Gurner’s comments have gone viral – a mask-off moment for the property industry.

  • Mark Di Stefano
Tim Gurner at the AFR summit.

‘Disgusting’ and ‘entitled’: MPs slam Gurner’s call for job losses

Politicians from both sides, and US left-wing icon Alexandria Ocasio-Cortez, have slammed billionaire Tim Gurner’s comments about unemployment needing to rise.

  • Michael Read
Prominent West Australian developer Nigel Satterley said only half of the slated 1.2 million homes would be finished – “if we’re lucky” – because of a lack of workers to build them.

Property summit shows there is no quick fix for housing crisis

The sentiment at The Australian Financial Review Property Summit was that the political and economic headaches of the housing market will not end quickly.

  • The AFR View
Discussing the housing crisis at The Australian Financial Review Property Summit.

Developers scoff at 1.2m new homes target

Veteran developer Nigel Satterley said Australia could build only 600,000 to 650,000 over the set time frame ‘if we’re lucky’.

  • Updated
  • Michael Bleby

Neighbours warn buyers: We’ll oppose any changes to single family zoning on our street

Property specialists urge state governments to reform planning rules as an immediate step towards tackling the crisis.

  • Nila Sweeney
Big builders are through the worst: Nigel Satterley with (from left) the Financial Review’s Michael Bleby, Master Builders Australia’s Denita Wawn and Cedar Woods’ Nathan Blackburne.

Metricon, big builders ‘through the cyclone’: Nigel Satterley

Big home builders like Metricon and ABN Group have survived the cyclone that hit the sector and are back writing profitable business, says Nigel Satterley.

  • Larry Schlesinger
Former ASIC chairman Greg Medcraft speaks to the AFR’s James Eyers at the Australian Financial Review Property Summit in Sydney on Tuesday.

Medcraft calls on APRA to link mortgage serviceability buffer to cycle

The former ASIC chairman said a mortgage repayment buffer of 3 per cent did not make sense given how interest rates can swing.

  • Campbell Kwan and James Eyers
Tim Gurner on Tuesday after speaking at The Australian Financial Review Property Summit.

Jobless rate needs to jump to fix housing: Gurner

The billionaire developer says poor productivity, a sclerotic planning system in Sydney and high taxes are holding back more housing supply and lower prices.

  • Larry Schlesinger
Tim Gurner: We need a 50 per cent rise in unemployment.

‘We need pain in the economy’: Tim Gurner on productivity and BTR

Property developer Tim Gurner reckons build-to-rent and planning still have a long way to go in Australia – and employees need to be reminded of who is boss.

AustralianSuper has made its first big move into data centres.

AustralianSuper splashes $2.5b on data centres

The country’s largest superannuation fund has invested in Vantage Data Centers alongside its largest shareholder, DigitalBridge.

  • Larry Schlesinger
Shane Oliver, Mark Bouris and Nicola Powell discuss house prices on Tuesday.

Something strange is happening in the housing market

Contradictory forces are buffeting the sector, from a slowing economy and poor supply to immigration. But will the lagged effect of rate rises prove all-powerful? 

  • James Thomson
Housing Minister Julie Collins on Monday.

Build to rent needs institutional investment, housing minister says

The government’s comments are welcome, but critics say it has done little to create certainty or clarity for investors with reforms already announced.

  • Michael Bleby and Nila Sweeney
Andrew Pridham at The Australian Financial review Property Summit on Monday.

What Andrew Pridham learnt from 30 years of crises

The veteran banker says the current property downturn is nothing like the GFC or the early 1990s recession. But three key lessons from those periods apply. 

  • James Thomson
Bright outlook: The sun is shining on the apartment sector once again, Master Builders Australia says.

Australia to fall 160,000 homes short of 1.2m target: Master Builders

The lobby group is keen to use touted state-federal co-operation to bring in reforms that will reduce development hurdles. 

  • Michael Bleby
Campbell Hanan group CEO of Mirvac at the The Australian Financial Review Property Summit

Why it’s so hard to rent or buy a home

It only gets harder for Australians to rent or purchase homes. Governments are now focused on the need to do more to help chronic undersupply. Will it work?

  • Jennifer Hewett