The importance of continuity in our workflow is something GPS shares with builders. Not just builders, but all industry professionals; architects, town planners, quantity surveyors, project managers and marketers. We... read more →
Most non-bank lenders are flush with cash, due to fallen deposit rates and confidence issues in other investment segments. Only a few appear to be generally entering the residential construction... read more →
Following several conversations with builders it is clear that cashflows are suffering. GPS has commenced a program to strengthen our relationship with builders on GPS funded projects. It turns out... read more →
I continue to see too many instances where funding for a project dries up mid construction. It is not the first time I’ve seen this. When APRA went through the... read more →
While Bill Shorten is becoming ‘he who shall not be named’ within the property industry, GPS has seen one positive legacy. Self funded retirees are reviewing their investment portfolios after... read more →
The Hayne Royal Commission demonstrated the damage that lawyers, who are equipped with the benefit of hindsight and retrospective morality, can do to businesses. One of my many roles, is... read more →
GPS has been keeping a low profile as there has been too much uncertainty and negativity in the residential development market. The Hayne Royal Commission has now concluded. Political and... read more →
Australia Day is upon us, signifying the property industry’s return from summer holidays. The major focus for developers this year will be on obtaining construction funding as the pull back... read more →
Judging by some recent loan applications, the second tier banks have recently come under more scrutiny from APRA. It is a real concern when second tier banks start to change... read more →
As the credit crunch continues to take grip, I am seeing an increase in loan applications. Traditional bank borrowers are comprehending that the banks will not be returning to the... read more →
