SYDNEY: Australia’s economy has entered a “new upswing” that will last for several years, helping the nation’s households fund mortgage costs, said Ric Battellino, deputy governor of the central bank.

TOKYO: Japan property shares fell to a six- month low after developer Anabuki Construction Inc filed for bankruptcy with ¥140 billion (RM5.34 billion) in debt, the nation’s fifth-largest corporate failure this year.

EDINBURGH: First it was corporate bonds, then stocks. Now it’s time to buy commercial real estate in the UK, according to strategists in Edinburgh advising on about £400 billion (RM2.24 billion) of assets.

CHARLOTTE, North Carolina: Bank of America Corp, the biggest US home lender, sold a home for its top housing executive for 44% less than its initial asking price set 16 months ago, property records show.

WASHINGTON: The US economy grew more slowly than first thought in the third quarter, but a fifth month of gains in house prices in September and an improvement in consumer morale signalled the anaemic recovery was intact.

KUALA LUMPUR: The current economic recovery in the UK’s commercial property market may slow down in 2010, in tandem with the expected pace of economic growth, according to an economic consultancy.

KUALA LUMPUR: The Ampang Jaya Municipal Council (MPAJ) must seek the permission of the Works Ministry before making public the contents of the Bukit Antarabangsa landslide investigations report.

PETALING JAYA: DXN Land Sdn Bhd, a subsidiary of DXN Holding Bhd, has agreed to purchase three pieces of vacant freehold land from Lim Boon Yee, managing director of the holding company, for a total cash consideration RM706,090, according to Bursa Malaysia announcement on Nov 24.

The three plots add up to 1.09ha (2.6 acres) and are located in Mukim Arau, Perlis.

PETALING JAYA: British American Tobacco (Malaysia) Bhd (BAT) has agreed to sell an 1.99-acre industrial plot in Keningau, Sabah, to Wahid Adbul Hamid for RM1.95 million, according to a Bursa Malaysia announcement on Nov 24.

PETALING JAYA: The women’s wing of Parti Gerakan wants the Bukit Antarabangsa landslide report to be declassified.

In a statement on Nov 24, Gerakan Wanita secretary-general Jayanthi Devi Balaguru, said findings of the investigations into the tragedy should be made public to uphold accountability and transparency.