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Featured Property

Entire floor Brisbane City apartment for sale - Place Ascot

One of only 10, The Hudson apartment for sale by Drew Davies and Olivia Charlton of Place Ascot, offers 270-degree views of the Brisbane River, city and Story Bridge.

New South Wales (NSW)

Featured Property

Suburb and street record for brand new Bundanoon home sold by The Agency

The 5-bedroom Southern Highlands home sold by Ben Olofsen and Cameron McKillop of The Agency, delivers luxurious country living.

New South Wales (NSW)Sydney

The Economy

Speculators show interest in office space for residential conversions - Colliers

Inner city office suites are in high demand, with strategic buyers looking to undertake possible residential transformations.

National

RESO set to expand as eastern Australia opens up

RESO expansion sees two key appointments with Sean Scoffield and Jon Baker joining the firm.

Queensland (Qld)

The Economy

$350k homes in Bundaberg earn $400 per week in rent says LJ Hooker Bundaberg

Emily Gordon, Business Development Manager for LJ Hooker Bundaberg, said they listed 75 new rental homes during three months from July 1 to September 30 – well above their target of 45.

National

The Economy

CPI edging towards RBA target

ABS figures released today show that the All Groups CPI, increased by 0.8 per cent in the September quarter and by 3.0 per cent for the year.

National

The Economy

Cost of blocks of land rise twice as fast as building materials - HIA

“The cost of residential land has risen more than twice as fast as the cost of building materials over the past year,” said HIA Chief Economist, Tim Reardon.

New South Wales (NSW)Sydney

People

McGrath recruits top agent Ruma Mundi to further expand its prominence in Sydney’s North West

McGrath Rouse Hill today announced a strategic move as it joins forces with respected award-winning real estate professional, Ruma Mundi. After building a stellar career specialising in Sydney’s north-western region, Ms Mundi brings more than 19 years of success and experience to the role of partner at McGrath Rouse Hill/Stanhope Gardens.

National

The Economy

Australian rents increase at fastest annual rate since 2008 - CoreLogic

CoreLogic’s quarterly Rental Review, released today, shows the national rental index increased 1.9% during the September quarter compared to a 2.1% rise in the June quarter. National rental rates are 8.9% higher year-on-year, the highest annual growth in dwelling rents since July 2008.

New South Wales (NSW)Sydney

People

18 months from direct agent to business owner via innovative LJ Hooker model

New LJ Hooker business owner Sanjeev Kumar says no other real estate brand offers this type of pathway. Stephen Mutton, LJ Hooker’s Head of Network Performance Australia, said Mr Kumar’s experience was a success story that proves the LJ Hooker Connect program.

Pages

News Roundup

https://www.nestegg.com.au/property/11580-means-tested-negative-gearing-under-the-microscope

Means-tested negative gearing under the microscope

New research proposes a means-tested approach to negative gearing, where mum and dad investors score lower taxes than their sophisticated counterparts.

nestegg.com.au

https://www.theaustralian.com.au/business/opinion/robert-gottliebsen/union-merger-poses-protectionist-threat/news-story/416adf51010d8ec0d2cc9f2eb44e3e74?link=TD_www.theaustralian_opinionator_.23453e53dd239ca6&utm_source=www.theaustralian_opinionator_.23453e53dd239ca6&utm_campaign=circular&utm_medium=THEAUSTRALIAN

Union merger poses protectionist threat

But a new union business model spread through the building industry, cladding makers had to work to union rules which added around 30 per cent to the costs, and suppliers had to be approved by the union before they could be part of a tender.

The Australian

http://www.afr.com/real-estate/lenders-need-to-learn-about-buildtorent-risks-and-returns-salta-properties-20180305-h0wztq

Lenders need to learn about build-to-rent risks and returns: Salta Properties

Australia's major lenders do not understand the risks and returns in the emergent build-to-rent sector, creating an obstacle to financing.

The Australian Financial Review

https://architectureau.com/articles/the-women-behind-australias-built-future/

The women behind Australia’s built future

Australia's leading female architects.

ArchitectureAU

http://www.news.com.au/finance/real-estate/sydney-nsw/how-shane-warne-joined-the-ranks-of-australias-successful-renovators/news-story/6494cc4c99e94f8cc8904d5359697441

How Shane Warne joined the ranks of Australia’s successful renovators

Cricket legend Shane Warne profited handsomely from flipping his Melbourne home after just 20 months' ownership.

news.com.au

http://www.afr.com/real-estate/residential/purplebricks-slapped-with-20000-fine-by-queensland-office-of-fair-trading-20180306-h0x39a

Purplebricks slapped with $20,000 fine

Real estate disruptor Purplebricks has been slapped with a $20,000 fine by the Queensland Office of Fair Trading after being accused of misleading customers about how it charges its fixed fees.

The Australian Financial Review

https://theconversation.com/negative-gearing-reforms-could-save-a-1-7-billion-without-hurting-poorer-investors-92679

Negative gearing reforms could save A$1.7 billion without hurting poorer investors

Reforming negative gearing could save the federal government A$1.7 billion without hurting “mum and dad investors”, by focusing tax deductions on investors with smaller property portfolios and removing them for richer investors.

The Conversation

https://www.theadviser.com.au/breaking-news/37487-asic-highlights-burgeoning-referrer-market

ASIC highlights burgeoning referrer market

The financial services regulator has told the Productivity Commission there is now “an industry of referrers” who are often being paid the same amount as mortgage brokers.

The Adviser