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INDUSTRY NEWS
NSW State Budget plans for 30,000 new homes
NSW Treasurer Daniel Mookhey has handed down this year's state budget, with a focus on building more homes and measures to help to manage the ongoing housing crisis.
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INDUSTRY NEWS
Housing affordability is getting worse in WA
Home prices in Western Australia aren’t looking as cheap as they used to be, with new data showing that affordability has declined again.
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INDUSTRY NEWS
Ray White Queensland partners with the Brisbane Lions
Ray White Queensland has kicked off a three-year partnership with the Brisbane Lions, becoming their official real estate partner.
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INDUSTRY NEWS
Mortgage cliff not finished yet
Life is not expected to get any easier for thousands of borrowers, with the last of the fixed-rate customers expected to see their rates rise substantially.
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INDUSTRY NEWS
Brisbane’s industrial market sees rising vacancy as supply comes online
Supply is rising in Brisbane’s industrial market leading to an increase in vacancy rates according to new research.
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INDUSTRY NEWS
Cash rate to remain on hold, but next move is down
The RBA is set to leave the cash rate on hold at 4.35 per cent at next week’s RBA meeting, but the next move will be a cut according to a major bank.
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Movers and Shakers
Harcourts opens new Malvern East office
Harcourts new Malvern East office is up and running, led by Directors Hank Guo, Billy Chang, Steven Guan, and Jack Liu who are united by a shared vision.
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Movers and Shakers
Property managers urged to put their wellbeing first
Property managers need to prioritise their well-being amidst the tough conditions the industry is facing.
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Movers and Shakers
Hunters Hill expert Emma Parsons Challen joins Raine & Horne
Raine & Horne has launched its newest office in the prestigious northern Sydney suburb of Hunters Hill, led by Emma Parsons Challen.
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INDUSTRY NEWS
Microsoft removes listing data from Bing Real Estate
Bing Real Estate has come under fire for allegedly listing properties sourced directly from Zillow, Redfin and Realtor.com.
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INDUSTRY NEWS
Agents need to ‘stand for something’
Agents must “stand for something” if they want to separate themselves from the pack was the message coming out of Ray White’s Ready SET Go training in Brisbane
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INDUSTRY NEWS
Childcare assets remain attractive for investors
The childcare sector has experienced significant growth in recent years, however rising construction costs and changing demographics have seen development slow down.
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INDUSTRY NEWS
The Agency introduces a new domestic violence support program
The Agency has announced a new Family and Domestic Violence policy that will include a one-off $5,000 payment to help support victims.
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INDUSTRY NEWS
Lending indicators show buyer numbers are rising
Despite high interest rates, the number of active buyers in the market is on the rise, according to the latest lending indicators.
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INDUSTRY NEWS
WA and QLD the best locations for growth and yield
Western Australia and Queensland have a number of locations where investors can potentially see both capital growth and high yields according to new report.
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INDUSTRY NEWS
REIQ calls on QLD Government to do more in State Budget
Ahead of the State Budget, the Real Estate Institute of Queensland (REIQ) is calling for more action to address the housing crisis that only continues to get worse.
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INDUSTRY NEWS
Housing affordability improves for the first time since 2021
Housing affordability for home buyers has finally turned a corner, showing improvement for the first time in three years.
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INDUSTRY NEWS
NSW proposed no grounds eviction laws to hurt landlord rights
The deadline for submissions into proposed no grounds evictions laws in NSW is approaching, amidst concerns, that landlords' rights are going to be harmed.
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INDUSTRY NEWS
Signs the rental market is easing in Perth
There are growing signs that the rental market in Perth is easing with median rents holding steady for a second straight month.
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INDUSTRY NEWS
Broken Hill could solve Australia’s housing woes
A buyers agent is calling for Australia’s inland cities to undergo an urban renewal in a bid to help ease the current housing crisis.
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INDUSTRY NEWS
One in 10 borrowers has missed a mortgage repayment
Higher interest rates and rising costs have led to more than one in ten borrowers missing a mortgage repayment according to a new survey.
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INDUSTRY NEWS
Happy campers keep caravan parks in hot demand
Demand for caravan parks remains high as the sector continues to build on the momentum from the lockdown era.
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Movers and Shakers
New Armstrong Creek office marks McGrath’s regional expansion
McGrath Estate Agents has launched the new McGrath Armstrong Creek in regional Victoria, marking the group's expansion into the attractive lifestyle precinct.
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INDUSTRY NEWS
Government offers cheap loans to boost energy efficiency
The federal government has announced a new initiative through the Household Energy Upgrades Fund (HEUF) that will offer cheap loans to households to help save on power bills.
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Movers and Shakers
Ray White Summer Hill expands it’s reach
Brothers Michael and Andrew Simpson from Ray White Summer Hill have acquired a second office as they look to carry on the family tradition.
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Movers and Shakers
RE/MAX legend Garry Malcolm notches up 20 years
Managing Director of RE/MAX Team Realty, Garry Malcolm, and wife and business partner Maree, have celebrated 20 years of continuous service with RE/MAX in New Zealand.
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Movers and Shakers
Jeremy Brink joins BresicWhitney
Experienced Sydney sales agent Jeremy Brink has joined BresicWhitney and is set to help bolster the company's market share across the Inner East.
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INDUSTRY NEWS
Young West Aussie’s willing to sacrifice to buy a home
Young home buyers in Western Australia are prepared to make sacrifices on their dream home to overcome cost-of-living pressures and enter the property market.
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INDUSTRY NEWS
Australians squirrel away billions in the bank
Australians squirrelled away $4.69 billion in April as households continue to deal with the rising cost of living by cutting back.
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INDUSTRY NEWS
City-dwellers head for regional Australia in growing numbers
The number of city-dwellers sick and tired of expensive, overpopulated cities and deciding to move to regional Australia has hit a 12-month high according to new data.
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INDUSTRY NEWS
Brisbane overtakes Canberra as property prices rise
Perth, Brisbane and Adelaide continue to lead home prices into record territory with national values up 0.3 per cent in May according to new data.
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Celebrity Homes
Rihanna sells her lavish Los Angeles penthouse for $20 million
After being on the market for just over two months, Rihanna has closed the chapter on her Los Angeles penthouse, selling it for a hair under US$20.8 million.
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Real Estate News
Offices changing to meet worker demand: HTW
The nature of the office market is changing to accommodate the evolving needs of workforces according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Australia’s very own UFO house is out of this world
If you’re looking for a home that’s light years ahead of the rest of the competition, this UFO-shaped Sydney property is truly out of this world.
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INDUSTRY NEWS
View Media’s high-profile appointments set to bolster growth
Antony Catalano’s View Media Group has announced a host of high-profile appointments as the listing platform gets set for its next phase of growth.
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