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Real Estate News
Real estate agents left without clear guidance on money laundering
In response to a new report from the Australian Institute of Criminology (AIC) and AUSTRAC on the impact of money laundering and organised crime, the Real Estate Institute of Australia (REIA) has expressed concern about the lack of practical policy recommendations for real estate agents.
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Real Estate News
Mixed Fortunes for Australia and New Zealand Property Markets as Suburb Values Weaken
Recent data from CoreLogic and insights from property experts reveal a mixed picture for both the Australian and New Zealand property markets, with significant variations in value trends across suburbs.
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Real Estate News
Paul McGee: “If you want to influence people, it’s not about being right, it’s about being curious.”
Paul McGee, famously known as "The SUMO Guy," has built a career out of blending humour, psychology, and insightful life lessons into transformative talks.
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Real Estate News
Home Guarantee Scheme supporting regional Australians, women and young buyers
The Federal Government's Home Guarantee Scheme has made a significant impact in helping key demographics, particularly regional Australians, women, and younger buyers, secure home ownership.
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Real Estate News
Housing affordability hits record low
Housing affordability in Australia has plummeted to its lowest level in nearly three decades, according to the latest data from the Real Estate Institute of Australia (REIA).
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Real Estate News
New Domain data shows Aussie homebuyers choosing to live closer to in-laws
The Spring selling season is shaping up to be a game-changer for real estate agents, with a dramatic shift in homebuyers' priorities.
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BEST PRACTICE
The Beauty Premium: how real estate agents are boosting sales with style
In real estate, it’s not just about knowledge and negotiation skills—your appearance could be your secret weapon.
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Real Estate News
Mortgage stress hits record high as 1.4 million Australians struggle
New research from Finder paints a concerning picture for mortgage holders, with record levels of financial distress across the country.
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Elite Agent
The power of behaviour change: lessons from the lab to real estate
“If you’ve ever wanted someone to make a bid at auction, to sign a contract … you’re in the business of behaviour change.” Let that sink in. When Dr. Emily Heath stood up to address a room full of agents and PM’s at Elite Retreat about the power of understanding behaviour change to influence others, she was met with blank…
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Real Estate News
Call for urgent overhaul of sub-standard homes
As Australia embarks on a plan to build 1.2 million new homes over the next five years, the poor quality of the country’s existing housing stock has come under sharp scrutiny. A new report from the Australian Housing and Urban Research Institute (AHURI) reveals that Australian homes are falling well short of international standards, with most households suffering from inefficient…
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Real Estate News
REIV calls for ‘diverse housing options’
The Real Estate Institute of Victoria (REIV) has welcomed the Victorian Government’s proposed Big Ideas in its “New Plan for Victoria” but highlighted the need for a broader range of housing options and innovative strategies to attract investment for the plan’s successful implementation. In a submission based on feedback from its 7,000 members, the REIV made two key recommendations to…
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Real Estate News
Household deposits soar to record $1.5 trillion
Australians have added an impressive $30.81 billion to their savings, pushing total household deposits to a record-breaking $1.5 trillion, according to the latest data from the Australian Prudential Regulation Authority (APRA). This surge marks an 18.13% increase since the beginning of interest rate hikes in April 2022, indicating that buyers might now be in a stronger financial position to afford…
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Real Estate News
The urban density dilemma
“The rental market is shrinking, and it’s really at an alarming rate with the shortage of supply,” warns Tilly Gillan, Head of Property Services at MRE. As cities around the world grapple with increasing urban density, Ms Gillan’s observations highlight the growing crisis faced by renters, particularly in high-density urban areas. With more people flocking to cities, the challenges of…
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Real Estate News
Queensland introduces minimum housing standards for rental properties
Queensland will now enforce minimum housing standards across all residential tenancies, providing clearer guidelines on the condition and inclusions of rental properties. While rental properties have always needed to be kept in good repair, the new standards delve into specific requirements that must be met to ensure the safety, security, and functionality of rental properties.With the introduction of these standards,…
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Elite Agent
Gavin Rubinstein and Mark McLeod on business, friendship and powerful profiles
In the world of Australian real estate, where the stakes are high and competition is fierce, Gavin Rubinstein has carved out a niche that few can rival. His name is synonymous with success, but beneath the polished surface and high-profile persona is a story of relentless hard work. In a revealing conversation with his mentor and friend, Ray White Chief…
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Real Estate News
Lease increases likely as New Energy Standards impact Victorian rentals
Victorian renters could face rent increases of up to $65 per week if proposed energy efficiency standards are implemented. The Victorian Government plans to introduce minimum energy efficiency requirements for rental properties starting in October 2025, which would mandate the replacement of gas appliances at the end of their life with electric alternatives. The Gas Appliance Manufacturers Association of Australia…
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Real Estate News
Is the sea change dream over?
The Covid pandemic sparked a wave of lifestyle changes across Australia, as buyers traded the hustle and bustle of city life for regional areas. Now, new data shows buyers are selling up and moving back to the city. Peter Li, General Manager of Plus Agency in NSW, has observed this shift firsthand and said the change in consumer preferences is…
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Real Estate News
The “Right to Disconnect” and how businesses can adapt to this new law
In light of Australia’s new “Right to Disconnect” legislation coming in effect on Monday, businesses are facing the challenge of reshaping work culture. The law now gives employees the right to refuse after-hours contact from their employers, helping to set clearer boundaries between work and personal life. Kelley Seaton, CEO and director of The Leasing Network, shared her thoughts on…
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Real Estate News
Scott Bateman: Unlocking business success by asking the Five Whys
Are you asking the right questions?
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Real Estate News
Units are now outpacing houses in Australia’s property boom
In the past three months, an unexpected trend has emerged in Australia’s property market: apartment prices have surged ahead of house prices in nearly all capital cities, with the exception of Darwin and Canberra, where abundant housing supply has tempered growth.
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Real Estate News
AI Powered Agents Course Goes National with Real Estate Institute Partnerships
In partnership with the Real Estate Institute of Tasmania (REIT), Real Estate Institute of the Australian Capital Territory (REIACT), Real Estate Institute of Queensland (REIQ) and Real Estate Institute of Victoria (REIV) the course will be offered across Australia from August 29 to equip real estate professionals with essential AI skills.
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Real Estate News
The Gold Coast is set to outshine Sydney as Australia’s luxury property hotspot
The Gold Coast property market is experiencing an unprecedented boom, overtaking other major Australian cities and attracting significant interest from investors and luxury buyers. With a median house price of $1.17 million, the region now boasts the second-highest median property price in Australia, trailing only Sydney’s $1.7 million, according to Ray White Chief Economist Nerida Conisbee.
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