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National

The Economy

Peak housing body supports First Home Loan Deposit Scheme

The Housing Industry Association (HIA) welcomes the move by the Senate to pass legislation to support first home buyers

New South Wales (NSW)Sydney

Featured Property

'Heathcote:' Storybook waterside sanctuary

Offering a street-to-shore lifestyle, this spacious family residence in Hunters Hill boasts a private sandy beach and sandstone boathouse for escapes into Sydney Harbour. For sale by Tracey Dixon and Nicholas Cowdrill of McGrath Hunters Hill.

New South Wales (NSW)Sydney

The Economy

McGrath is on the move

After 21 years at its Edgecliff location, McGrath's head office is relocating to Pyrmont

Queensland (Qld)

Featured Property

Tropical island lifestyle 35min to Brisbane CBD

'Havana' Wellington Point beachfront home for sale by Pamela Neilson of McGrath Cleveland. Auction: Saturday 19th October

New South Wales (NSW)

The Economy

Rental vacancy rates in Sydney reach their lowest point for the year

REINSW Residential Vacancy Rate report shows drop in rental vacancies has also been mirrored by areas outside the Sydney area

South Australia (SA)Adelaide

Featured Property

Stately Dulwich stone mansion with sophisticated interiors

Offering versatility across two levels of luxury, this family residence is prestigiously located in one of South Australia's most tightly-held precincts. For sale by Stephanie Williams and John Williams of Harcourts Williams.

National

The Economy

Higher auction volumes see preliminary clearance rates bounce back

A much higher number of houses going to auction saw a busy week for real estate agents

New South Wales (NSW)Sydney

The Economy

'Significant' shift in Sydney rental market as vacancies down across the board

The September REINSW Residential Vacancy Rate Report reveals Rental vacancies in Sydney have dropped to their lowest rate this year, down a substantial 0.7 per cent on August.

National

The Economy

Loans to investors and owner-occupiers continue to rise

New data from the Australian Bureau of Statistics (ABS) has revealed that home loan demand continues to rise

National

The Economy

Early signs that interest rate cuts are working, says HIA

Household lending has increased over the last quarter

Pages

News Roundup

http://www.theaustralian.com.au/business/financial-services/moodys-warns-of-rising-threat-to-banks-from-patchy-commercial-real-estate-market/news-story/b237764eedde5d14ea6bdabb81d2d3f5

Rising threat to banks from patchy commercial real estate market: Moody’s

The risks confronting Australia’s big banks are on the rise as the office property market slows and the threat of an apartment glut grows, says ratings agency Moody’s.

The Australian

http://thenewdaily.com.au/money/property/2016/10/09/borrowers-fake-numbers-home-loan/?utm_source=Responsys&utm_medium=email&utm_campaign=20161010_TND

How borrowers, brokers fudge numbers to get a home loan

Almost one in every three home borrowers lies about their financial circumstances to lenders, according to a survey.

The New Daily

http://www.domain.com.au/news/fears-china-property-bubble-could-cost-banks-800-billion-20161009-gryfg5/

Fears China property bubble could cost banks $800 billion

China watchers are starting to put a price tag on the cost to banks of a collapse in the nation’s red-hot property market.

Domain

http://www.afr.com/real-estate/hilarious-gumtree-ad-offers-up-financial-black-hole-for-rent-in-medina-20161007-grxl6g

Hilarious Gumtree ad offers up 'financial black hole for rent'

A Perth couple desperate to rent their home have posted a hilarious ad on Gumtree begging people to move into their "financial black hole".

The Australian Financial Review

http://thenewdaily.com.au/money/property/2016/10/06/first-home-buyers-abs-correction/?utm_source=Responsys&utm_medium=email&utm_campaign=20161007_TND

ABS housing mix-up highlights much bigger problem

An ABS data revision, and the ensuing media storm, has renewed focus on how hard it is to save for a home.

The New Daily

http://www.theaustralian.com.au/news/nation/10-million-plus-mansions-boom-as-sales-triple-in-five-years/news-story/de2c934c9faa37c1a1880cd9960ba8e6?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20TheAustralianProperty%20%28The%20Australian%20%7C%20Property%29

$10 million plus mansions boom, as sales triple in five years

Mansion sales in Australia have risen threefold in five years with more than 130 homes selling above $10m in the year to 31 August, driven by the surge of Chinese buyers, low interest rates and economic resurgence in NSW and Victoria.

The Australian

http://www.huffingtonpost.com.au/entry/trump-australia-asia_us_57f8306ce4b0e655eab46ff4

A Trump Presidency Could Be Disastrous For Australia

Former Australian Defense Minister Kim Beazley is concerned about the US presidential nominee’s China plans.

The Huffington Post Australia

http://www.news.com.au/finance/real-estate/buying/chinese-upgraders-adding-new-twist-to-real-estate-boom/news-story/0e1c604cb16dd1f29ecdce69d2a2a6d9

Chinese ‘upgraders’ adding new twist to real estate boom

Thousands of families from the first wave of Chinese property buyers are ditching their off-the-plan apartments for houses and terraces.

news.com.au