The Real Estate Conversation

Contact

REINSW: More hidden taxes for property owners

The Real Estate Institute of NSW (REINSW) has revealed another under-handed NSW Government plan to charge property owners more to offset increasingly “unaffordable” insurance costs says REINSW CEO Tim McKibbin.

Queensland (Qld)Sunshine Coast

Featured Property

Waterfront Trevor Reitsma designed Noosa auction - Reed & Co.

10 The Promontory Noosa Waters for sale by Adrian Reed and Taylor Clout of Reed & Co. offers a sanctuary of refined elegance and contemporary design.

Victoria (Vic.)

People

Ray White’s inclusive auction sets a new standard for accessibility

Ray White Noble Park made history last night by providing an Auslan interpreter to sign the live auction call of 28 Jacana St, Noble Park.

Queensland (Qld)

People

Antony Thompson from Blac Property Group joins forces with Plum Partners

Antony Thompson's Blac Property Group flourishes with Plum Partners, growing from three to over twenty team members in 18 months.

National

The Economy

Auction activity down -6.7% week-on-week across the combined capitals - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

National

The Economy

Mortgage arrears rising from record lows, expected to increase further - CoreLogic

By Tim Lawless, Research Director, CoreLogic Australia.

Queensland (Qld)Brisbane

Featured Property

Double riverfront New Farm Refinery for sale - Place

2132/32 Refinery Parade New Farm for sale by Sarah Hackett and Charmaine McDonald of Place New Farm pays homage to New Farm’s past while celebrating modern sophistication.

New South Wales (NSW)Sydney

Bondi Beach unit block sold bringing total recent sales of this property type to nearly $19m - Knight Frank

An art deco block of four units 'The Pines' 88 Francis Street Bondi Beach sold to international investor by James Masselos, Adam Droubi and Demi Carigliano of Knight Frank.

National

The Economy

RBA keeps interest rates steady at 4.35% - The Agency

RBA holds cash rate at 4.35% as CPI Data supports outlook, comments Geoff Lucas CEO of The Agency.

National New South Wales (NSW)Sydney

The Economy

Rates and consumer confidence underpins Sydney’s resilient market - BresicWhitney

RBA holds rates as Australia's property market resilience persists, Thomas McGlynn of BresicWhitney comments.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2020/05/31/palaszczuk-government-20-pubs-and-opens-intrastate-travel-queensland-queenslanders-1

Palaszczuk Government 20 in pubs and opens intrastate travel in Queensland for Queenslanders from 1 June

Queenslanders will be able to undertake unlimited travel including overnight stays throughout the entire state and up to 20 allowed in pubs, cafes and restaurants from midday tomorrow (June 1) in a major easing of Covid-19 restrictions.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/05/27/unique-aussie-product-helping-flatten-curve-one-door-time/1590531935

The unique Aussie product helping to flatten the curve, one door at a time

Recommended for public, commercial or workplace use, SafeOpen is now the international OH&S benchmark for foot operated door opening.

The Business Conversation

https://www.thehotelconversation.com.au/news/2020/05/27/it-feels-we-may-be-reaching-turning-point-ihgs-leanne-harwood-why-domestic-travel

'It feels like we may be reaching a turning point' - IHG's Leanne Harwood on why domestic travel is the ideal reward

InterContinental Hotels Group Managing Director for Australasia and Japan Leanne Harwood reflects on an unforgiving first half of the year for Australia's hospitality and tourism industries.

The Hotel Conversation

https://www.commo.com.au/news/2020/05/28/fitzroys-appoints-new-asset-management-director/1590618073

Fitzroys appoints new Asset Management Director

Melbourne commercial property agency Fitzroys has announced the appointment of Michael Ridler to its Asset Management Department.

Commo.

https://www.theaseandeveloper.com/2020/05/25/development-approval-has-been-granted-major-upgrade-and-repositioning-150-lonsdale-street

Development Approval has been granted for a major upgrade and repositioning of 150 Lonsdale Street Melbourne

Charter Hall receives development approval for 140 and 150 Lonsdale Street, part of its $1.4 billion Wesley Place precinct.

The ASEAN Developer

https://www.thebusinessconversation.com.au/news/2020/05/26/applications-open-cosboa-small-business-relief-fund-till-june-1/1590454642

Applications open for COSBOA Small Business Relief Fund till June 1

The funds are aimed at helping small business ‘revive and thrive’ during this challenging period.

The Business Conversation

https://www.commo.com.au/news/2020/05/25/mair-property-funds-completes-60-million-diversified-fund-west-perth-asset

Mair Property Funds completes $60 million diversified fund with West Perth asset

The EBM insurance building at 1162 Hay Street, West Perth has been sold to Mair Property Funds in an off-market transaction conducted through Transact Capital Managing Director for Queensland and WA, Alex Gismondi.

Commo.

https://www.commo.com.au/news/2020/05/25/mair-property-funds-completes-60-million-diversified-fund-west-perth-asset

Mair Property Funds completes $60 million diversified fund with West Perth asset

The EBM insurance building at 1162 Hay Street, West Perth has been sold to Mair Property Funds in an off-market transaction conducted through Transact Capital Managing Director for Queensland and WA, Alex Gismondi.

Commo.