ACN Business

Winning a bidding war isn’t always a win, research on 14 million home sales shows

Written by Soon Hyeok Choi, Assistant Professor of Real Estate Finance, Rochester Institute of Technology

In today’s hot housing market, winning a bidding war can feel like a triumph. But my research shows it often comes with a catch: Homebuyers who win bidding wars tend to experience a “winner’s curse,” systematically overpaying for their new homes.

I’m a real estate economist, and my colleagues and I analyzed nearly 14...

Australia is betting on a new ‘strategic reserve’ to loosen China’s grip on critical minerals
MirageC/GettyThe federal government has unveiled new details of its plan to create a A$1.2 billion critical mineral reserve. …
Do Woolworths shoppers want Google AI adding items to buy? We’ll soon find out
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After decades of decline, this is how unions can rebuild their role in Australian work
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The World Trade Organization is on life support. Will Trump’s new rules finish it off?
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Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

Fiona Reid: 10 things you should know about prenuptial agreements
Everyone has heard the old saying ’50 percent of marriages end in divorce’. Although this is not entirely accurate, it does remind Australians to consider that their fairytale relationship may…
How Can You Improve the Startup Product Development Process?
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iPhone Security Issues: How you can Secure your Device
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Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...

Stop reading from the script: Why authenticity is the customer success secret weapon

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From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...

Winning a bidding war isn’t always a win, research on 14 million home sales shows

Australia is betting on a new ‘strategic reserve’ to loosen China’s grip on critical minerals

Do Woolworths shoppers want Google AI adding items to buy? We’ll soon find out

After decades of decline, this is how unions can rebuild their role in Australian work

The World Trade Organization is on life support. Will Trump’s new rules finish it off?

Why Iran can’t afford to shut down the internet forever – even if the world doesn’t act

Why the world’s central bankers had to speak up against Trump’s attacks on the Fed

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Fiona Reid: 10 things you should know about prenuptial agreements

How Can You Improve the Startup Product Development Process?

iPhone Security Issues: How you can Secure your Device

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Stop reading from the script: Why authenticity is the customer success secret weapon

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security