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Movers and Shakers
Taney Jain wins REIV Sales Agent of the Year
McGrath Estate Agents' Taney Jain has secured his second REIV Residential Sales Agent of the Year title.
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INDUSTRY NEWS
Victoria bans no-fault evictions
Victorian landlords will no longer be able to evict tenants without valid reasons as part of sweeping reforms to rental laws announced by the state government.
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INDUSTRY NEWS
New building system promises new homes in 10 days
A revolutionary new construction system is promising to cut building times by nearly half, with the first Victorian prototype launching in Ormond this month.
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INDUSTRY NEWS
Home prices hit a record high as Melbourne leads growth
Australian home prices have surged to new heights in October, marking the 22nd consecutive month of growth despite ongoing affordability challenges.
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INDUSTRY NEWS
HomeBuilder fuelled inflation and the housing shortage
The $2.6 billion HomeBuilder stimulus during the pandemic helped fuel inflation and has contributed to a housing shortage according to the COVID-19 inquiry.
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INDUSTRY NEWS
Property market shows signs of cooling despite record prices
Property prices have reached new highs across multiple capital cities, however, experts suggest the market is shifting in favour of buyers.
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INDUSTRY NEWS
Rental market shows signs of easing despite continued challenges
The rental market is showing early signs of relief as price growth slows and supply increases, according to new research.
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INDUSTRY NEWS
NSW reforms ramp up duplex development
NSW reforms ramp up duplex development The NSW government has introduced sweeping reforms to allow duplexes and semi-detached homes across 97 per cent of local councils, aiming to increase housing supply in well-located areas. According to realestate.com.au, the new amendments have significantly reduced the requirements for duplex development, with blocks now only needing a 12m frontage on a 400sq m…
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INDUSTRY NEWS
Record land prices threaten housing targets
Land prices have hit record highs across the country as severe shortages continue to hamper the government's ambitious housing targets.
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INDUSTRY NEWS
Queensland set to become the second-largest investor market
Queensland is poised to overtake Victoria as Australia's second-biggest property investor market, according to new data
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FRANCHISE NEWS
Ruby Vo: From property management to sales success
Ruby Vo's journey in real estate began in 2010 when she started as a property manager.Â
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Movers and Shakers
Sotheby’s International Realty expands its presence in Victoria
New Zealand Sotheby's International Realty and Melbourne Sotheby's International Realty have formed a joint venture to strengthen their foothold in Victoria's luxury real estate market.
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Movers and Shakers
Carmel Hourigan appointed as Property Council President
Charter Hall Office CEO Carmel Hourigan has been appointed as the new National President of the Property Council of Australia, taking over from Michael O'Brien.
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Movers and Shakers
Shannon Arnold steps up at Pivotal Financial
Pivotal Financial has appointed Shannon Arnold as General Manager as the finance arm of RE/MAX Australia moves into a new growth phase.
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INDUSTRY NEWS
Blue chip property surges higher
Blue chip property across the country is experiencing a significant upswing, with several suburbs hitting record-high prices in 2024.
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INDUSTRY NEWS
Victorian government to release record amount of land for housing
The Victorian government is preparing to announce the largest release of land for housing in the state's history, targeting Melbourne's outer suburbs to combat the ongoing housing crisis.
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INDUSTRY NEWS
RBA reveals landlords absorb the bulk of interest rate hikes
Recent research by the Reserve Bank of Australia (RBA) has debunked the myth that landlords are passing on increased mortgage costs to tenants, leading to unsustainable rent increases.
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INDUSTRY NEWS
Essential workers could get homes on crown land
A groundbreaking proposal to establish new housing on unused Crown land has united unlikely allies in the fight for affordable homes for essential workers.
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INDUSTRY NEWS
Couples turn to wedding guests for home deposits
A new wedding trend is emerging as couples are increasingly asking their guests to help contribute to their home deposit instead of traditional gifts.
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INDUSTRY NEWS
Stamp duty slashed for off-the-plan property purchases in Victoria
The Victorian government has announced a significant reduction in stamp duty for off-the-plan apartments, units and townhouses in a bid to stimulate the housing market and address the state's housing crisis.
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INDUSTRY NEWS
US builders shift focus to condos and townhouses amid affordability crisis
Builders in the US are adapting to the ongoing housing affordability crisis by constructing more high-density homes according to new analysis.
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INDUSTRY NEWS
Employment surge means RBA might not slash rates
Australia's job market continues to show resilience, with employment rising significantly in September, and taking the pressure off the Reserve Bank of Australia (RBA) to cut rates.
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Movers and Shakers
Barry Plant’s Pinnacle Club Drive Day revs up
Get in the passenger seat with the Barry Plant’s Pinnacle Club Drive Day
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Movers and Shakers
Nick Separovich joins Raine & Horne Lower North Shore
Award-winning agent Nick Separovich has joined Raine & Horne Lower North Shore, further strengthening the agency's rapidly expanding team.
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Movers and Shakers
Robin Johnston steps into CFO role at First National Real Estate
First National Real Estate has appointed Robin Johnston as its new Chief Financial Officer.
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INDUSTRY NEWS
Maxwell Scott Raine inducted into FCA Hall of Fame
The Franchise Council of Australia (FCA) has posthumously honoured Maxwell Scott Raine as the 2024 inductee into the FCA Hall of Fame, recognising his role in introducing franchising to the Australian real estate industry.
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INDUSTRY NEWS
Help on the way for first-home buyers
The Property Council of Australia is presenting policy ideas to the Government that will support homeownership for younger Australians while also boosting housing supply.
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INDUSTRY NEWS
NZ construction costs inch up amid industry slowdown
Construction costs in New Zealand have shown a slight increase in the September quarter, despite an ongoing slowdown in the building industry.
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INDUSTRY NEWS
Rental vacancies rise slightly but crisis deepens in NSW
Residential rental vacancies have increased marginally across Sydney, but experts warn the rental crisis continues to worsen.
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INDUSTRY NEWS
Opposition vows to scrap Victoria’s controversial ‘Airbnb tax’
The Victorian Opposition has pledged to repeal the state's contentious Short Stay Levy Bill if elected in 2026, citing concerns over increased holiday costs and economic impacts.
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