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INDUSTRY NEWS
Overseas buyers still targeting Australian property
Foreign buyers remain focused on Australian property, with new data showing search volumes to rent and buy have risen over the past 12 months.
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INDUSTRY NEWS
Commercial property capital growth slides
Capital growth is in negative territory for nearly all commercial asset types and locations across the country according to an expert.
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Movers and Shakers
Hutly appoints Sally Hamilton as general manager of growth
Sally Hamilton is headed to Australian technology platform, Hutly as General Manager of Growth and will look to drive the expansion of their digital solutions.
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INDUSTRY NEWS
Separation Creek holiday home named HIA’s Home of the Year
A stunning holiday home, nestled on a sharp slope with views across Bass Straight at Separation Creek on the Great Ocean Road has been named the HIA-CSR Australian Home of the Year.
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INDUSTRY NEWS
Lenders must do more for borrowers in hardship
Lenders are not doing enough to help borrowers who are in financial difficulty and want to access a bank’s hardship provisions.
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INDUSTRY NEWS
Australians put dreams on hold as cost of living rises
Australians are increasingly being forced to shelve major milestones like having children, family holidays and house upgrades because of the rising cost of living.
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INDUSTRY NEWS
REIQ: Queensland Government needs to wean off stamp duty
The Queensland government coffers are swelling from excessive property taxes and it’s time they started to wean off them, according to the Real Estate Institute of Queensland (REIQ).
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INDUSTRY NEWS
Luke Banitsiotis crowned top auctioneer at the AUSTROS
Woodards Blackburn's Luke Banitsiotis, has been crowned the nation's top auctioneer for 2024, after taking out The Australasian Auctioneering Championships (AUSTROS) in Hobart.
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INDUSTRY NEWS
Rising vacancy rates offer a little relief for renters
Australia’s renters are finally getting some respite, with the national vacancy rate rising to 1.21 per cent in April.
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INDUSTRY NEWS
Housing data lab gets $1 million funding to solve housing crisis
The City Futures Research Centre (CFRC) at UNSW Sydney has been awarded a $1 million grant by the office of the NSW Chief Scientist to create a new lab to help analyse the ongoing housing crisis.
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Movers and Shakers
Ratio Rajput and Shane Shaikh launch Harcourts Asset
Ratio Rajput and Shane Shaikh have opened Harcourts Asset in Queensland and are ready to take the business to the next level.
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Movers and Shakers
Troy Sheehan appointed GM of Ray White Sherwood
Ray White Sherwood | Graceville has appointed Troy Sheehan as its new general manager as he looks to ramp up the business.
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Movers and Shakers
Mike Melvin makes the move to Harcourts Pinnacle
Mike Melvin has joined the team at Harcourts Pinnacle and will continue his push to be number one agent in Mango Hill.
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Movers and Shakers
Mark Donovan joins Kanebridge Finance’s executive team
Mark Donovan has moved to Kanebridge Finance as part of the executive team and will help lead a new asset division.
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INDUSTRY NEWS
New listings jump in April as confidence rebounds
Vendor confidence is returning across the country with new listings surging 3.8 per cent last month according to new data.
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INDUSTRY NEWS
Facebook is shutting down Workplace
Meta, the parent company of Facebook, has announced it’s shutting down its enterprise communications business Workplace.
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INDUSTRY NEWS
New Zealand resellers still seeing red
Prices are still favouring buyers in New Zealand, with new data showing that increasing numbers of resellers have been taking losses on their properties.
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Movers and Shakers
Knight Frank forms new capital markets team
Chet Al, Ryan Mills and Chris Clemente have moved to Knight Frank in South Australia, strengthening the company's capital markets team.
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Movers and Shakers
Stockdale & Leggo geared for growth
Leading Melbourne brand Stockdale & Leggo have encouraged their leaders to focus on having a committed mindset and building a clear plan for growth at the recent Leaders Retreat in Port Douglas.
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Elite Agent TV
Jody Fewster on how to create an environment that fosters success
Jody Fewster sold her first ever property for nearly $5 million in Perth’s exclusive Western Suburbs and from that point onward her career has gone from strength to strength.
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INDUSTRY NEWS
Australian underinsurance hits crisis levels
Australians are putting their homes and livelihoods at risk by underinsuring their homes according to an insurance expert.
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INDUSTRY NEWS
Beds and sheds are the new prime assets
Industrial property continues to be the in-demand asset class for institutional investors, however, residential is quickly picking up steam.
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INDUSTRY NEWS
Family-friendly workplaces boost work-life balance
Employees who work in family-friendly workplaces have better work-life balance and less stress according to a new survey.
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INDUSTRY NEWS
Stubborn inflation means rate cuts might not arrive in 2024
Australians hoping for an interest rate cut this year may be setting themselves up for disappointment with persistent inflation and strong jobs data meaning the cash rate could be on hold for the rest of 2024.
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INDUSTRY NEWS
The Zillow Gone Wild TV series set to premiere
A new Zillow Gone Wild TV series has premiered in the US, inspired by the popular Instagram account that has nearly two million followers.
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INDUSTRY NEWS
Judge approves NAR settlements after late bid fails
Despite a last-ditch bid to halt settlement proceedings in the NAR commission case, a judge has given his final approval for the settlement to go ahead.
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INDUSTRY NEWS
LJ Hooker calls on the government to help homeowners ‘right size’
The upcoming Federal Budget is an opportunity for the government to tackle the housing crisis by boosting construction and making it easier for people to ‘right-size’.
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Movers and Shakers
Tristan Tomasino expands in Melbourne’s Inner West
Tristan Tomasino's Buxton Inner West has expanded in Melbourne and will double its numbers after acquiring neighbouring Hodges Yarraville.
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Movers and Shakers
Tracy Kennedy to launch new Better Homes and Gardens Real Estate office
Better Homes and Gardens Real Estate Australia is continuing to make its presence felt, expanding across Queensland with a new office led by Tracy Kennedy.
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Movers and Shakers
MMJ Real Estate appoints Steven Messina and Nick Bourke
Experienced duo Steven Messina and Nick Bourke are headed to MMJ Real Estate as the group moves forward with its strategic expansion.
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INDUSTRY NEWS
NZ FHB’s making the most of lower prices
New Zealand first-home buyers have capitalised on lower property prices and other incentives, making up more than one-quarter of property purchases.
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INDUSTRY NEWS
Australian housing is ‘far from equitable’ and getting worse
The Australian housing system is likely to get worse for years to come unless the government fulfils all of its housing promises and is able to meet the high level of demand according to a new report.
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INDUSTRY NEWS
Deadline approaching for NSW assistant agents to extend their certificates
Eligible assistant agents in NSW have until 22 June 2024 to apply for an extension of their certificate of registration for a one-off, 12-month period.
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INDUSTRY NEWS
Slower growth ahead for Australian farmland
Australian farmland prices are set for further growth in the year ahead, but the pace is going to slow down according to a new report.
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INDUSTRY NEWS
Brisbane’s ‘jaw’ dropping shark house
A house shaped like the jaws of a shark has been making a splash with the locals in Brisbane.
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