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First Time Buyers urges to utilise Home Guarantee Scheme - REIA

The Real Estate Institute of Australia (REIA) has today encouraged prospective buyers to utilise the 50,000 new places for eligible home buyers under the Australian Home Guarantee Scheme (HGS) from 1 July 2024 says REIA President Leanne Pilkington.

National

The Economy

What could another rate rise do to the Australian housing market?

By Eliza Owen, Head of Research, CoreLogic Australia.

Queensland (Qld)

People

REIQ welcomes weeding out of substandard training practices

The Real Estate Institute of Queensland (REIQ) is warning not all real estate courses are created equal and is commending a crackdown on poor quality training providers says REIQ CEO Antonia Mercorella.

National South Australia (SA)Adelaide Victoria (Vic.)

People

Bendigo and Adelaide Bank appoints Richard Fennell as CEO and MD

The Bendigo and Adelaide Bank Board of Directors today announced the appointment of Richard Fennell as Chief Executive Officer and Managing Director.

Western Australia (WA)Perth

The Economy

Perth rents unchanged for fourth month - REIWA

The long-term tightness in the Perth rental market has been slowly moderating, with median rents unchanged since March, according to REIWA’s latest data.

New South Wales (NSW)Sydney

People

REINSW 2024 Awards for Excellence finalists announced

The REINSW Awards for Excellence program offers much-deserved recognition for the unwavering commitment and tireless efforts exhibited by agents and their valuable contributions to their communities.

Queensland (Qld)

People

Coronis Group expands national footprint with new office led by Levi Thompson

Levi Thompson's move to open his own franchise perfectly captures the Coronis Group ethos: right people, right support, right time. For Levi, the time was right to open Coronis Warner.

National

The Economy

Australian homeowners gain $59K wealth boost from rising housing values in FY24

Australian dwelling values increased a further 0.7% in June, taking growth to 8.0% across FY2023-24. This is the equivalent of a $59,000 increase to the median dwelling value in Australia, which is now $794,000 said CoreLogic’s research director Tim Lawless.

National

The Economy

John McGrath – Sales volumes up amid buyer FOMO

Sales volumes in Australia have risen as buyers get used to high interest rates and the fear of missing out (FOMO) compels them to purchase before home values escalate further. By John McGrath, Chief Executive Officer of McGrath Estate Agents.

Victoria (Vic.)Melbourne

People

From agent to advocate: My journey in giving back

By Steve Turner, director and auctioneer at Buxton Real Estate.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2020/05/25/victorian-government-announces-15-million-eco-pod-funding-mount-buffalo/1590390130

Victorian Government announces $1.5 million 'eco-pod' funding for Mount Buffalo

The Victorian Government has signalled its intention to turn Mount Buffalo into a 12-months-a-year tourism destination through support for new “eco pod” accommodation.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2020/05/19/ats-building-supplies-signs-lease-moorebank-logistics-centre-sydney-cbre/1589855347

ATS building supplies signs lease for Moorebank Logistics Centre in Sydney - CBRE

ATS Building Supplies is relocating to a 12,501 square metre facility in the newly developed Moorebank Logistics Park as part of a deal negotiated by CBRE’s Adam Tresidder and Tom Rourke.

The Industrialist

https://www.thehotelconversation.com.au/news/2020/05/22/nsw-government-open-pubs-clubs-cafes-and-restaurants-50-patrons/1590124970

NSW Government to open pubs, clubs, cafes and restaurants to 50 patrons

The NSW Government will allow pubs, clubs, cafes and restaurants to have up to 50 customers June 1.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/05/22/nando%E2%80%99s-partners-foodbank-provide-1-million-meals-aussies-need/1590104595

Nando’s partners with Foodbank to provide 1 million meals to Aussies in need

The community-focused initiative follows Nando’s recent effort to support frontline workers.

The Business Conversation

https://www.retalkasia.com/news/2020/05/22/climate-change-and-food-security-set-dominate-real-estate-strategies-savills

Climate change and food security set to dominate real estate strategies - Savills

Savills has examined the effects of climate change on various aspects of real estate activity as part of its Impacts research programme, launching a Food Security Index where 38 countries have been ranked on availability, access, stability and utilisation.

Retalk Asia

https://www.thehotelconversation.com.au/2020/05/21/w-melbourne-open-december-2020/1590029081

W Melbourne to open in December 2020

Melbourne’s first luxury lifestyle hotel, W Melbourne is set to shake up the city’s hospitality scene, with W Melbourne’s General Manager Damon Page.

The Hotel Conversation

https://www.theaseandeveloper.com/properties/2020/05/19/crown-group-breaks-record-selling-three-penthouses-and-63m-worth-apartments

Crown Group breaks record selling three penthouses and $63M worth of apartments

Leading Australian property developer Crown Group has sold $63 million worth of luxury apartments and broken its own record by selling three penthouses in three months.

The ASEAN Developer

https://www.commo.com.au/news/2020/05/21/what-businesses-need-consider-heading-back-office/1590039595

What businesses need to consider before heading back into the office

JLL has developed a ‘Building Re-Occupation guide’ which Australian Head of Property Management Richard Fennell says provides a framework to guide property teams on some common issues regarding the building re-occupation phase.

Commo.