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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.

New South Wales (NSW)

Featured Property

120-acre Northern NSW lifestyle property for sale - REAL Specialists

Positioned next to a bush reserve, this Dobies Bight property for sale by Jodie Mitchell and Jared Hodge of REAL Specialists, offers room for livestock, a large dam for fishing, and an additional self-contained 1-bedroom studio.

National

People

Unity amongst Estate Agents is the way forward

"Perhaps what covid times has shown us is that by working together as a profession and assisting each other, it has helped estate agents grow and stay on point even during difficult times," says Geoff White – Head of Real Estate at Movinghub Australia and former REIV President.

National

The Economy

Second busiest week for auctions across the combined capital cities so far this year - CoreLogic

The combined capital cities have seen 3,033 homes taken to auction this week, the second busiest auction week so far this year.

National New South Wales (NSW)Sydney

People

Chris Duggan Welcomed as New SCA (National) President

Strata Community Association (SCA National) is excited to announce Chris Duggan as its next President along with Joshua Baldwin as Vice-President.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

People

2021 REIQ Awards for Excellence winners

Real Estate Institute of Queensland (REIQ) 2021 REIQ Awards for Excellence was held on Saturday night with a record number of 820 real estate practitioners packed into The Star Gold Coast for the industry peak body’s sell-out gala event.

National

The Economy

John McGrath – COVID-19 creates the ‘digital nomad’

According to John McGrath founder and executive director of McGrath Estate Agents, Australian holiday homes are looking appealing as both a financial investment and a safe place to go for vacations until more of the world is vaccinated and quarantine and lockdowns are things of the past.

Victoria (Vic.)Melbourne

Featured Property

Modernist Rothwell Hill 'Immersion House' for sale - Jellis Craig

The newly renovated Ascot Vale home for sale by Jerome Feery and Simon Mason of Jellis Craig - Kensington, sets a new benchmark of luxury family living for the local area.

New South Wales (NSW)

Featured Property

Luxurious ‘Bowral Park Farm’ for sale - First National Real Estate Bowral

This Southern Highlands estate for sale by Reece Woods of First National Real Estate Bowral, offers a serene setting and the idyllic Highlands lifestyle on the fringes of Bowral.

New South Wales (NSW)Sydney

Featured Property

Waterfront Darling Point home for sale – The Agency/ LJ Hooker Double Bay

This elegant Sydney home for sale by Steven Chen of The Agency and Bill Malouf of LJ Hooker Double Bay, offers exclusive waterfront access to Sydney Harbour and a separate apartment for dual living.

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