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McGrath expands its prominence in Northern NSW real estate market with a new office merger in Lennox Head

McGrath Northern Rivers Group today announced a key strategic merger designed to further expand the presence and firepower of the agency within the region.

National

The Economy

Prices accelerated in November - Ray White

According to Nerida Conisbee Ray White Group Chief Economist, prices accelerated in November despite a rate rise as population growth hits its highest level on record.

National

The Economy

Monthly CPI suggests that RBA was hasty - REIA

The latest ABS data shows that the Consumer Price Index rose 4.9 per cent in the 12 months to October 2023, down from 5.6 per cent in September and below the peak of 8.4 per cent in December 2022.

National

The Economy

Sydney one of 5 cities to buck global slowdown in super-prime (US$10m+) residential sales - Knight Frank

Sydney is one of five cities to buck a global super-prime slowdown, with the city seeing a rise in sales volumes for properties of US$10 million-plus over the third quarter of this year compared to Q3 2022, according to the latest Knight Frank research.

Queensland (Qld)Sunshine Coast

Featured Property

Tranquil Noosa Heads retreat for sale - Century 21

6 Habitat Place Noosa Heads for sale by Adam Watts of Century 21 Noosa delivers tranquil views of the surrounding rainforest backdrop.

National

The Economy

Help to Buy Scheme to assist first home buyers into housing - HIA

“The Housing Industry Association (HIA) welcomes the introduction of the Help to Buy legislation to support more young Australians access to housing and address the declining rates of home ownership in Australia,” said Jocelyn Martin, HIA Managing Director.

National

The Economy

Undersupply of housing impacts affordability

Housing affordability decreased in 2023, driven by a simultaneous increase in housing values, rent values and interest rates, a new report by ANZ and CoreLogic has found.

Queensland (Qld)Gold Coast

Featured Property

Eco-luxury Tallebudgera Valley for sale - PRD

33 Monday Drive Tallebudgera Valley for sale by John Fischer and Shelley Watkins of PRD Burleigh Heads delivers a showstopping masterclass of modern eco-luxury.

National

The Economy

Softest capital city preliminary clearance rate since mid-March, an early sign of weaker conditions ahead - CoreLogic

Capital city auction activity held relatively steady last week, with 2,972 homes auctioned across the capitals, easing slightly from the 2,990 held the week prior.

Queensland (Qld)Gold Coast

Featured Property

Burleigh Heads waterfront Koala Park for sale - Sotheby’s

32 Elanora Drive Burleigh Heads for sale by Scott Keatley of Queensland Sotheby’s International Realty is positioned in a prestigious waterfront location with direct access to Tallebudgera Creek and Coral Sea.

Pages

News Roundup

https://www.thebusinessconversation.com.au/news/2020/02/11/indigenous-tech-company-opening-global-doors-act/1581378221

The indigenous tech company opening global doors from the ACT

Warrgambi's Tim Donovan says the appointment is a significant step in the expansion of an organisation working to provide an all-inclusive foundation of skills for both indigenous and non-indigenous youth.

The Business Conversation

https://www.thehotelconversation.com.au/news/2020/02/11/zagames-house-launch-maitre-z-concept-new-appointment/1581395996

Zagame's House launch Maitre Z concept with new appointment

Melbourne hotel Zagame's House has introduced a new service role designed to be a combination of concierge, host, and Maitre D.

The Hotel Conversation

https://www.retalkasia.com/news/2020/02/07/what-it-means-go-green-real-estate-industry/1581043164

What it means to go green in the real estate industry

Producing a smaller carbon footprint is becoming a bigger priority in the business world, according to Leading Real Estate Companies of the World Executive Vice President for Global Operations, Chris Dietz.

Retalk Asia

https://www.thebusinessconversation.com.au/news/2020/02/10/major-award-wins-2020-australian-grand-dairy-awards-boost-bestons-tally-119

Major award wins at the 2020 Australian Grand Dairy Awards boost Beston's tally to 119

Beston Global Food Company has ‘kicked off’ the 2020 Dairy Industry Awards Calendar by receiving two major awards at the prestigious annual Australian Grand Dairy Awards in Melbourne.

The Business Conversation

https://www.thehotelconversation.com.au/news/2020/02/10/crowne-plaza-sydney-coogee-beach-unveils-multi-million-dollar-redesign/1581313552

Crowne Plaza Sydney Coogee Beach unveils multi-million dollar redesign

Crowne Plaza Sydney Coogee Beach has placed renewed emphasis on its meeting and event spaces as part of a refurbishment.

The Hotel Conversation

https://www.commo.com.au/news/2020/02/10/wa-service-stations-sold-248-million/1581307684

WA service stations sold for $24.8 million

CBRE oversaw a flurry of activity in the WA service station market at the end of last year, with five properties sold in the final quarter of 2019

Commo.

https://www.theaseandeveloper.com/2020/02/07/new-clinical-education-building-macquarie-university-hospital/1581050325

New Clinical Education Building for Macquarie University Hospital

Macquarie University’s Medicine and Health Sciences Faculty will deepen its links between learning, training, research and medical practice with its new four-storey timber Clinical Education Building, designed by Arup Australia.

The ASEAN Developer

https://www.thebusinessconversation.com.au/news/2020/02/07/retail-turnover-falls-december-online-contribution-growing-above-2018-levels-abs

Retail turnover falls in December, with online contribution growing above 2018 levels: ABS

Bushfires in New South Wales in December negatively impacted some retail businesses, especially in Food retailing and Cafes, restaurants and takeaway food services.

The Business Conversation