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Mirvac has joined Stockland in selling-off land sites in a bid to de-risk. From The Australian:
Stockland is offering The Grove Estate in the western Melbourne suburb of Tarneit to select developers and Mirvac is selling a prime site at Ingleside on Sydney’s northern beaches…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.