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REINSW: COVID Recovery Bill amounts to passing the buck

Throughout the pandemic, landlords have provided support for tenants unable to pay rent and now, despite the NSW Government again claiming it is supporting tenants and landlords, the COVID Recovery Bill instead leaves both hanging out to dry, says the Real Estate Institute of NSW (REINSW).

National

The Economy

REIA welcomes a return to normality as rental moratoriums in most major states end

Real Estate Institute of Australia (REIA) has welcomed the return to normality with the end of rental eviction moratoriums but with this has urged landlords and tenants to keep the lines of communication open.

Queensland (Qld)Brisbane

The Economy

Brisbane's biggest auction weekend in history, Place Bulimba sell 18 out of 18

Paul Curtain, Joint Managing Director of Place Bulimba told WILLIAMS MEDIA, “18 property auctions were conducted on site from 8am on Saturday through to 5pm Sunday and all 18 Sold under the hammer.”

National

The Economy

Busiest week for auctions since the week prior to Easter 2018 - CoreLogic

There were 3,791 homes taken to auction across the combined capital cities this week, the busiest auction week since the week ending 25th March 2018 when 3,990 capital city homes were taken to auction.

Tasmania (Tas.)Victoria (Vic.)

People

First National Vic/Tas 2020 General Excellence & Marketing Awards

350 of First National Real Estate’s Victoria and Tasmania agents were presented with their 2020 General Excellence and Marketing Awards at Melbourne’s Grand Hyatt on Saturday night.

National

The Economy

John McGrath – End of moratoriums clears the way for investors’ return

The property market across Australia is really firing but investors have largely remained on the sidelines according to John McGrath founder and executive director of McGrath Estate Agents.

New South Wales (NSW)

Featured Property

Olio Mio Estate: Boutique Pokolbin olive grove and vineyard – Cullen Royle

Designed to showcase stunning mountain and vineyard views, this elegant and welcoming retreat is for sale through Richard Royle and Deborah Cullen of Cullen Royle.

Victoria (Vic.)

Featured Property

Tieve Tara: Mt Macedon garden estate on the market for first time in 25 years – Kay & Burton

For sale via Directors, Peter Kudelka and Gowan Stubbings of Kay & Burton, who told WILLIAMS MEDIA, “This presents a once in a generation opportunity.”

Queensland (Qld)Brisbane

Featured Property

Georgian masterpiece atop Hamilton Hill - Place New Farm

The three-level entertainers’ sanctuary features spacious living spaces and manicured gardens. For sale by Heath Williams of Place New Farm.

Queensland (Qld)Brisbane

Featured Property

Hamilton entertainers' retreat with stunning river outlook - Place

This abode promises to impress from the moment you step through its grand double entry door. For sale by Sarah Hackett of Place.

Pages

News Roundup

https://www.curbed.com/platform/amp/2017/9/12/16294628/teacher-housing-real-estate-low-income-teachers-village

Can teacher housing entice educators to work in expensive cities?

Experiments in making life as a teacher more affordable show how rising real estate costs hurt urban districts.

Curbed

https://www.mortgagebusiness.com.au/breaking-news/11474-major-flaw-with-mortgage-comparison-rates-says-ceo?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin13_09_17&utm_medium=email&utm_content=1

‘Major flaw’ with mortgage comparison rates, says CEO

RateCity CEO Paul Marshall said that while comparison rate sites are a good concept, they don't consider a customer’s specific lending requirements.

Mortgage Business

http://www.abc.net.au/news/2017-09-12/location-important-queensland-real-estate-prices/8899830

South-east Queensland house price growth not extending to state's regional cities

There is a two-stroke economy in Queensland's property market, with the state's south-east booming while many regional markets struggle.

The ABC

https://www.mortgagebusiness.com.au/breaking-news/11477-reverse-mortgages-in-for-asic-scrutiny?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin13_09_17&utm_medium=email&utm_content=3

ASIC targets reverse mortgages as lenders ditch products

In a bid to address the issues that affect older Australians, ASCI will impose greater scrutiny on reverse mortgages.

Mortgage Business

http://www.afr.com/business/banking-and-finance/financial-services/ban-on-loans-for-apartments-more-than-six-storeys-stays-firmly-in-place-20170910-gyeq55

Ban on loans for apartments more than six storeys stays firmly in place

The chief executive of Australia's second-largest credit union says a long-standing policy of not lending to buyers of apartments in developments more than six storeys high will prove shrewd if the apartment market suffers a downturn.

The Australian Financial Review

http://www.weeklytimesnow.com.au/real-estate/queensland/gold-coast/million-dollar-listing-new-york-star-ryan-serhant-reveals-future-of-hamptons-style-and-next-big-trend/news-story/b17d40cbf69cb188299f3da6b2b288bb

Million Dollar Listing star Ryan Serhant reveals future of Hamptons style

Million Dollar Listing New York star Ryan Serhant revealed the style that was taking Queensland homes by storm would never go out of fashion and was a safe investment.

The Weekly Times

https://theconversation.com/flat-white-urbanism-there-must-be-better-ways-to-foster-a-vibrant-street-life-78338

Australia is dominated by flat-white urbanism

Responding to the proliferation of cafes by creating incentives for, or regulating, other uses could be one way to diversify street life.

The Conversation

https://sourceable.net/housing-responding-to-australias-population-explosion/

Responding to Australia’s Population Explosion

If not managed and responded to adequately, strong immigration can represent a source of social and political instability.

Sourceable