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Sydney’s preliminary clearance rate dips below 70% for the first time since mid-March - CoreLogic

After trending upwards over the past three weeks, auction activity across the combined capitals dropped -11.7% this week, with 1,742 auctions held across the capitals.

National

The Economy

Farms hit record prices this year but the outlook is more uncertain - Ray White

According to Nerida Conisbee of Ray White Group Chief Economist, we have never had such good farming conditions as we did in 2022.

National

The Economy

John McGrath – Why Australia has a housing undersupply

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, despite Australia's vast land size and relatively small population, we have had a significant housing undersupply for many years.

New South Wales (NSW)Sydney

Featured Property

Brand new Camperdown residence by Barrow Build for sale - BresicWhitney

26 Eton Street Camperdown for sale by Luke Grosvenor and Chris Nunn of BresicWhitney offers a city-fringe residence with well-thought-out details.

Victoria (Vic.)Melbourne

Featured Property

Flack Studio Prahran for sale opposite Victoria Gardens - Marshall White

51 Murray Street Prahran for sale by Marcus Chiminello and Nicholas Brooks of Marshall White fuses sophistication, style and exceptional craftsmanship.

National

People

Professionals celebrates its best and brightest at PRO-Elite

Professionals Real Estate gathered the most successful leaders from its 50 top offices around the country for a three-day Top End celebration in Darwin last week.

Queensland (Qld)

Politics

Short-term rental report: full of hot air findings says REIQ

REIQ CEO Antonia Mercorella said the report reiterates what we’ve always known – How many different times do we need to end up coming to the same conclusion that insufficient rental supply is the root of the issue before it hits home?

Queensland (Qld)Brisbane

Featured Property

2,175sqm Hawthorne riverfront for sale with pool, tennis court and private pontoon - Place

98 Virginia Avenue Hawthorne for sale by Sarah Hackett of Place New Farm delivers dual-living potential and multiple entertainment options.

Victoria (Vic.)Melbourne

Featured Property

Eclectic Victorian in the heart of Richmond sold for $2.55m - Jellis Craig

25 Abinger Street Richmond sold by Simon Shrimpton and Jodie McCarthy of Jellis Craig was last sold in 1992 for $232,500.

The Economy

Prepare your investment property for the new financial year with the help of depreciation specialists - BMT

BMT Tax Depreciation provides valuable insights on eligible deductions for investors and offers guidance on effectively preparing for the upcoming financial year.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2019/07/10/construction-begins-ritz-carlton-rosewood-grand-and-dorsett-hotels-part-queen%E2%80%99s

Construction begins on The Ritz-Carlton, Rosewood, Grand and Dorsett hotels as part of Queen’s Wharf Brisbane

Queen’s Wharf Brisbane will transform the CBD with four new luxury hotels (The Ritz-Carlton hotel, Rosewood hotel, Grand hotel and Dorsett hotel), more than 50 new bars and restaurants, 2,000 residential apartments and the equivalent of 12 football fields of public space when the development is complete.

The Hotel Conversation

https://www.thebusinessconversation.com.au/2019/07/11/acquia-partnership-transforms-lonely-planet%E2%80%99s-digital-user-experience/1562821208

Acquia partnership transforms Lonely Planet’s digital user experience

Acquia’s software has allowed Lonely Planet to introduce streamlined navigation capabilities for travel discovery, inspiration, and trip planning shared in a highly personalised way.

The Business Conversation

https://www.suayphuket.com/news/2019/07/11/montazure-phuket-celebrates-grand-opening-twinpalms-montazure/1562812214

MontAzure Phuket celebrates grand opening of Twinpalms MontAzure

The new beachfront resort offers 46 suites and penthouses, plus multiple dining destinations as part of the mountain-to-ocean 72-hectare mixed-use development MontAzure Phuket

Suay Phuket

https://www.commo.com.au/properties/2019/07/10/brisbane-sets-trend-merging-buildings/1562738400

Brisbane sets the trend for merging buildings

Fender Katsalidis designed Midtown Centre in Brisbane is set to become one of Australia's biggest commercial building merge projects. The plan will see the unification of two office buildings to form a single 26-storey tower.

COMMO

https://www.thehotelconversation.com.au/news/2019/07/10/fullerton-hotel-sydney-track-october-2019-opening/1562735640

The Fullerton Hotel Sydney on track for October 2019 opening

The Fullerton Hotel Sydney will be the city’s newest luxury heritage hotel in the heart of the CBD.

The Hotel Conversation

https://www.thebusinessconversation.com.au/blog/david-smith/business-auditor-reveals-7-most-frequent-failures-australian-organisations/sai

Business auditor reveals the 7 most frequent failures by Australian organisations

A leading global risk management provider that has audited thousands of organisations – from the ASX top 200 to SMEs – has revealed the most common reasons why organisations fail to meet the goals they set.

The Business Conversation

https://www.gapurabali.com/news/2019/07/10/bali-looks-develop-healthy-investment-environment-through-sport/1562735020

Bali looks to develop a healthy investment environment through sport

Sport Tourism offers enormous potential for Indonesia in general and Bali in particular, and it could be an opportunity to change the market mix of visitors and investors to the island.

Gapura Bali

https://www.thehotelconversation.com.au/news/2019/07/09/government-commits-45m-tourism-projects-nq/1562673380

Government commits $4.5m for tourism projects in NQ

Tourism Industry Development Minister Kate Jones has announced $4.5 million in funding for four new tourism projects aimed at attracting visitors and creating jobs.

The Hotel Conversation