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New South Wales (NSW)Sydney Queensland (Qld)Brisbane Victoria (Vic.)Melbourne

Melbourne auction market outperforming Sydney

Auction clearance rates were below 70% around the country last week except in Melbourne, where solid volumes were recorded and the clearance rate was in the mid 70s.

Victoria (Vic.)

Politics

Victoria's tenancy reforms could weigh on supply at a time of strong population growth: Gil King, REIV

The Victorian state government's draft tenancy reforms haven't taken the supply-side impact into account, says Gil King, CEO of the REIV.

Victoria (Vic.)Melbourne

People

Allard Shelton appoints John Mascaro as associate director

Senior property manager John Mascaro has been appointed Associate Director of Allard Shelton.

New South Wales (NSW)

Featured Property

'Garden Island' paradise in Port Stephens

A pavilion-style home with Japanese and Australian design influences in a tranquil island paradise, 'Garden Island' is a magnificent whole-island retreat in the heart of Port Stephens. Designed by award winning architect Philip Pratt, the home has sweeping sea views from Nelson Bay to Lemon Tree Passage and Soldiers' Point. For sale by Adrian Culpin, McGrath.

Western Australia (WA)Perth

The Economy

Perth real estate: "We should just hang in there" says David Arnold of Ethos Property

The latest data from the REIWA shows the Perth property market held steady in September.

International

Design

Berawa beach 5 villa integrated complex blends outdoors with indoor living Bali

Bali gardens highlight this private five villa, nine bedroom compound for sale Berawa beach, Neil Power Xclusive property Bali.

Design

Australia's best architecture: have your say

Vote for 'Australia's Favourite House' in the Australian Institute of Architects' People's Choice awards.

New South Wales (NSW)Sydney

Featured Property

Middle Harbour Alex Popov-designed home with tennis court, pool, and jetty

With a cantilevered pool, private jetty, tennis court, and perfect Middle Harbour views, this five-bedroom home is anchored in its Sydney harbour setting. For sale by Michael Coombs and John Melville of McGrath Lower North Shore Neutral Bay.

National

The Economy

Are Australians too relaxed about their mortgages?

Australian homeowners might be too lazy to make sure they have the best home loan, and some might not even know what type of mortgage they have, according to two new studies released this week.

People

Romilly Madew wins global prize for green buildings

Romilly Madew, CEO of the Green Building Council of Australia, has been awarded the prestigious World Green Building Council Chairman’s Award for her global efforts to promote sustainable buildings.

Pages

News Roundup

https://au.news.yahoo.com/thewest/business/a/27919567/land-tax-hike-for-property-investors/

WA land tax hike for property investors

Commercial and residential property investors will be slugged with an extra $826 million over the next four years after State Treasurer Mike Nahan made land tax increases the centrepiece of the State Government’s revenue raising efforts in this year’s State Budget.

The West Australian

http://www.independent.ie/business/personal-finance/property-mortgages/higher-tax-relief-for-landlords-in-rental-market-shakeup-31218010.html

Higher tax relief for Irish landlords in rental market shake-up

Significant tax reliefs for landlords and longer leases for tenants are part of a radical new Irish government policy document to give the rental market its biggest overhaul in a generation.

Irish Independent

http://www.odt.co.nz/news/business/342089/new-restrictions-property-investors

New restrictions on NZ property investors

New restrictions aimed at Auckland residential property investors are not likely to lead to big rent increases, the Reserve Bank says. Some landlords have condemned 30% rental property loan-to-value ratio (LVR) rules, saying tenants will suffer, rents will rise and Auckland rental properties will become more scarce.

Otago Daily Times

http://www.brokernews.com.au/news/breaking-news/federal-budget-big-win-for-mortgage-industry-200257.aspx

Federal Budget big win for mortgage industry

The 2015 Federal Budget is a win for the mortgage and finance industry.

Broker News Australia

http://www.dailymail.co.uk/news/article-3079117/Without-China-Australia-views-one-property-developer-Australian-market-says-Chinese-investors-buying-luxury-housing-expensive-cars.html

Chinese property developer says Australia's economy depends on Chinese

A Chinese property developer has claimed Australia would not survive without Chinese migrants. During an interview with Hong Kong television station TVB on May 10, Chen Guo Jing, a commercial and residential property developer based in Melbourne, spoke out in a report titled 'Mainland Invasion' about the growing amount of Chinese investment in Australia.

Daily Mail

http://www.theaustralian.com.au/business/property/nz-acts-to-halt-auckland-property-price-boom/story-fn9656lz-1227353597884

NZ acts to halt Auckland property price boom

New Zealand’s central bank has announced measures to cool Auckland’s red-hot property market, saying a potential real-estate bubble poses a significant risk to the economy.

The Australian

http://www.news.com.au/finance/money/federal-budget-ignores-housing-affordability/story-e6frfmci-1227353407204

Federal Budget ignores housing affordability

Housing affordability is one of the biggest issues facing everyday Aussies, but it didn’t rate a mention in Joe Hockey’s second Budget.

news.com.au

http://www.theaustralian.com.au/business/property/property-giant-blackstone-group-pushes-into-australia/story-fn9656lz-1227353975874

Blackstone pushes into Australia

The world’s biggest property investor Blackstone Group is making its first push into the Australian real estate debt market after buying $750 million of Australian loans as part of its $US26.5bn deal to buy General Electric’s global real estate assets.

The Australian