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Intergenerational report shows it is time for reform for tax on homes - REIA

The fifth Intergenerational report just released by the Treasurer has caught the headlines for all the wrong reasons, Real Estate Institute of Australia (REIA) President, Adrian Kelly said.

New South Wales (NSW)Sydney

People

LAING+SIMMONS Double Bay celebrates 40th birthday today

The multi-award-winning Laing+Simmons Double Bay, year-on-year the network’s best-performing outfit, opened for business on 1 July 1981 under the guidance of a young Bart Doff. Bart remains a Principal of the Laing+Simmons Double Bay business, along with his son Danny Doff, D’Leanne Lewis, Steven Zoellner and Sally Hampshire.

Western Australia (WA)Perth

The Economy

Perth home values increase seven per cent in first half of 2021

REIWA President Damian Collins said while the Perth home value index for June had only increased by 0.2 per cent, the cumulative growth over the first six months of the year had been substantial.

New South Wales (NSW)Sydney

The Economy

REINSW: Landlords and tenants need support too

While the Real Estate Institute of NSW (REINSW) commends the NSW Government’s commitment to support small business, the fact that landlords and tenants have again been left out is unjustified, considering the contribution the property industry makes to the state’s economy.

New South Wales (NSW)

Featured Property

Banora Point home overlooking Trutes Bay for sale - REAL Specialists

The 'Point Vue' property enjoys multiple indoor and outdoor entertaining areas with expanding views of the water and valley surrounds. For sale by Corey Moret of REAL Specialists.

New South Wales (NSW)

People

REAL Specialists partner Corey Moret nets a street record for Banora Point home sold off-market

"Corey sold my home for a lot more than other agents estimated recently," the owner told WILLIAMS MEDIA.

National

The Economy

REIA urges agencies to be vigilant during lockdown

Real Estate Institute of Australia (REIA) is urging real estate agencies to continue being vigilant as public health orders crackdown in every jurisdiction across Australia.

New South Wales (NSW)

People

McGrath expands with two new offices in Orange and Molong

McGrath further extends its presence in regional areas with two new offices in Orange and Molong with local experts.

National

The Economy

Westpac research reveals more homeowners are planning to sell a property

Westpac research released today has found more Australians are thinking about selling their home with four in ten (39%) homeowners planning to list in the next five years, an increase of 9 percentage points since November 2020.

National

People

3 Powerful Communication Tips for Agents: Rik Rushton

An accomplished communications professional and performance coach, Rik Rushton has worked with agencies around Australia, as well as big-name institutions like: Emirates, Holden, Cricket Australia, Collingwood Football Club and many more.

Pages

News Roundup

http://thenewdaily.com.au/entertainment/celebrity/2017/11/21/taylor-swift-house/?utm_source=Responsys&utm_medium=email&utm_campaign=20171121_PM_Update

Privacy-seeking Taylor Swift makes Beverly Hills home into a fortress

Taylor Swift has received approval to build an almost two-metre tall visibility block around her front porch.

The New Daily

http://blogs.unsw.edu.au/cityfutures/blog/2017/11/facts-sink-glib-housing-supply-mantra-the-focus-must-be-on-affordable-rental/

Facts sink glib housing supply mantra – the focus must be on affordable rental

ANU academics Ben Phillips and Cukkoo Joseph have blown a hole in the sacred claim that fixing housing unaffordability is simply a matter of boosting housing supply.

City Futures Blog

http://www.abc.net.au/news/2017-11-20/foreign-investment-surcharge-could-turn-away-buyers-agents-warn/9171982

Foreign investment surcharge could turn buyers away from South Australia, agents warn

Real estate agents specialising in overseas investors have warned the South Australian government a new levy on foreign investment will damage the state's reputation as a good place to invest.

ABC

http://www.afr.com/news/economy/rba-calls-out-lack-of-transparency-in-mortgage-rates-20171120-gzp2on?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29105325&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/news/economy/rba-calls-out-lack-of-transparency-in-mortgage-rates-20171120-gzp2on%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-11-21&Day_Sent=21112017

RBA calls out lack of transparency in mortgage rates

The RBA has called for more transparency on mortgage rates as the gap in mortgage rates between new and old borrowers widens.

The Australian Financial Review

http://www.afr.com/real-estate/the-housing-boom-is-over-but-so-is-the-mining-drag-hsbcs-paul-bloxham-20171120-gzoszk?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29105325&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/the-housing-boom-is-over-but-so-is-the-mining-drag-hsbcs-paul-bloxham-20171120-gzoszk%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-11-21&Day_Sent=21112017

The housing boom is over, but so is the mining drag

A slowdown in the housing market will not lead to a hit in consumer spending because Australian households have been paying spare cash into their mortgages rather than withdrawing it.

The Australian Financial Review

http://www.smh.com.au/business/the-economy/housing-supply-alone-wont-fix-the-affordability-crisis-modelling-shows-20171119-gzobxa.html

Housing supply alone won't fix the affordability crisis, modelling shows

Claims that simply increasing the number of homes in Sydney will fix the housing affordability crisis have been challenged by new modelling.

The Sydney Morning Herald

http://www.businesstimes.com.sg/real-estate/chinese-buyers-go-cool-on-australia-homes

Chinese buyers go cool on Australia homes

Chinese demand for Australian residential property has eased because of tighter capital controls imposed by Beijing and tougher restrictions on mortgage lending by local banks.

Business Times

http://www.theaustralian.com.au/business/property/bargainhunt-buyers-bussed-in-as-brisbane-unit-sales-fall-over/news-story/ce18697f5a0129ae6ea4a3d0086f6ec0

Bargain-hunt buyers bussed in as Brisbane unit sales fall over

The wave of new apartments flooding the Brisbane market has spawned property tours in which bargain hunters are bussed to newly built projects where defaults — largely by Chinese buyers — have led to units being put back on the market at deep discounts.

The Australian