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Featured Property

Elegant New Farm riverfront home - Place

Iconically Brisbane, the home commands one of the city’s best outlooks and showcase impeccable attention-to-detail. For sale by Sarah Hackett of Place Bulimba.

Queensland (Qld)Brisbane

People

Featured Property

Get to know Patrick McKinnon, Director of Place Ascot

Number one Agent in Ascot and Hendra is just one of the accolades earned by Patrick McKinnon in recent years.

Victoria (Vic.)Melbourne

Featured Property

Kay & Burton sells Kew East home for record result in 3 days

The newly built home with panoramic views to the Northern Ranges was sold by Eleisha Doherty, Sam Wilkinson and Garrick Lim of Kay & Burton.

Victoria (Vic.)Melbourne

Featured Property

Refurbished Elsternwick Victorian sold for $2.195m - The Agency

Sold by Sam Hobbs and Justin Reed of The Agency, who told WILLIAMS MEDIA, “The property market in the area remains very buoyant.”

National

Politics

REIA - Show us the evidence for benefits to customers: mutual recognition

REIA has called for more evidence to back claims that AMR will grow productivity and reduce red tape with the introduction of the Mutual Recognition Bill to the Lower House this week for Australian real estate agents.

New South Wales (NSW)Sydney

The Economy

Stamp Duty Abolition: The end justifies the means says HIA

“In replacing stamp duty with a more stable, efficient and equitable tax we should remain focused on the benefits of the reform, not the complexity of the transition,” stated HIA’s Chief Economist, Tim Reardon.

New South Wales (NSW)Sydney

The Economy

REINSW supports property sector overhaul

The Real Estate Institute of NSW (REINSW) has urged the NSW Lower House to follow the lead of the Upper House and pass the Property Services Council Bill to help prevent real estate-related disputes and deliver better consumer outcomes.

New South Wales (NSW)

People

Laing+Simmons reveals new board

Laing+Simmons is under new ownership and a new Board has just been announced to lead the business through its next phase of growth.

National

People

REIA signs inaugural sponsorship agreement with realestate.com.au

The Real Estate Institute of Australia (REIA) is pleased to announce a unique new sponsorship agreement today in Adelaide with Australia’s #1 address in property, realestate.com.au.

Queensland (Qld)

People

Get to know Real Specialists Principal Gail Bernardin

"Clients want to connect with ‘real’ people and have ‘real service’ delivered."

Pages

News Roundup

http://www.theaustralian.com.au/business/property/knight-frank-unveils-buildtorent-division-plans/news-story/925728f48acef7f4bde36e3510c9e2a1

Knight Frank unveils build-to-rent division plans

Knight Frank has launched a new residential investments division to focus on the build-to-rent sector in Australia.

The Australian

http://www.architectureanddesign.com.au/news/brisbane-s-princess-alexandra-hospital-to-have-fla

Brisbane’s Princess Alexandra Hospital to have cladding removed

It could take until early 2019 to completely remove and replace all the external façade cladding on the Princess Alexandra Hospital, which has been identified as being potentially flammable.

Architecture and Design

http://www.news.com.au/finance/economy/australian-economy/issuing-new-loans-against-unrealised-capital-gains-has-created-an-australian-house-of-cards/news-story/853e540ce0a8ed95d5881a730b6ed2c9

Issuing new loans against unrealised capital gains has created an Australian ‘house of cards’

The Australian mortgage market has “ballooned” due to banks issuing new loans against unrealised capital gains of existing investment properties, creating a $1.7 trillion “house of cards”, warns “The Big Rort” report by LF Economics founder Lindsay David.

news.com.au

http://www.theaustralian.com.au/business/property/malaysian-developer-uem-sunrise-unveils-new-melbourne-project/news-story/e920ed5ac61487ad7429a579ae8d4d2e

Foreign banks fill buyer void

Foreign-owned banks are stepping in to lend to offshore buyers of residential property in Australia as local banks continue to pull back, says Raymond Cheah, director of Malaysian developer UEM Sunrise.

The Australian

http://www.afr.com/markets/equity-markets/the-economy-is-not-strong-wages-remain-weak-and-rates-will-stay-on-hold-20170906-gybpl4

The economy is not strong, rates will stay on hold

Wages growth is weak and household debt remains high. GDP numbers were propped up by government spending.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11456-supply-demand-mismatch-remains-acute?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin06_09_17&utm_medium=email&utm_content=2

Supply-demand mismatch ‘remains acute’

The HIA says land price increases are “unrelenting”, and are the single biggest factor behind deteriorations in housing affordability.

Mortgage Business

https://www.mortgagebusiness.com.au/breaking-news/11455-apra-limits-extraordinarily-successful?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin06_09_17&utm_medium=email&utm_content=1

APRA limits ‘extraordinarily successful’

Residential building is “on the threshold of a sharp decline”, courtesy of an “extraordinarily successful regulatory intervention” to discourage investors, says BIS Oxford Economics.

Mortgage Business

http://www.afr.com/real-estate/sydney-listings-up-124pc-on-last-year-point-to-slower-spring-sqm-research-20170905-gybbcs?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29094035&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/sydney-listings-up-124pc-on-last-year-point-to-slower-spring-sqm-research-20170905-gybbcs%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-09-06&Day_Sent=06092017

Sydney listings up 12.4% on last year, point to slower spring: SQM

Sydney listings rose 5% in August, pointing to a "normal" spring market with higher stock levels that will lower auction clearance rates and flatten price growth, SQM managing director Louis Christopher said.

The Sydney Morning Herald