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Featured Property

Freestanding Woollahra cottage owned by designer Peter Weiss

For sale by Ben Collier of The Agency, who told WILLIAMS MEDIA the two-bedroom cottage is attracting interest from first home buyers and downsizers alike.

Victoria (Vic.)Melbourne

People

Carr Director Chris McCue on design that caters to the core function of daily ritual

“The real reward is in going back over time to see the building age and soften, the landscape come to life, the sun wash across the façade at different times of the day, the light flood into space at specific angles.” Chris McCue, Carr

Queensland (Qld)Brisbane

Featured Property

Brisbane River industrial luxe home sold for $6.3m

Sold by Heath Williams and Ann-Karyn Fraser of Place New Farm who told WILLIAMS MEDIA, “Brisbane riverfront property is always in high demand.”

Queensland (Qld)Brisbane

Featured Property

Spacious Queenslander with historic charm sold for $3,330,000

Sold by Sarah Hackett of Place Bulimba, 'The Grange' received over 6,400 page views online and 81 inspections.

National

The Economy

Federal Ombudsman announces plan to spare small businesses from unnecessary insolvency pain

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell says the Federal Government has thrown struggling small businesses a lifeline today, announcing plans to overhaul insolvency rules.

International National

The Economy

CoreLogic forms strategic partnership with climate risk modelling specialist, Munich Re

In a move to help prepare Australia and New Zealand for climate change risks, CoreLogic has joined forces with Munich Re, one of the world’s leading reinsurers, to help prepare Australia and New Zealand for climate change risks.

New South Wales (NSW)

The Economy

NSW Government creates the “perfect storm” to reduce housing claims REINSW Chief Executive Officer, Tim McKibbin

The Real Estate Institute of New South Wales (REINSW) blasts the NSW Government’s decision to extend its rental moratorium saying the timing will create a perfect storm and send many investors and retirees broke.

New South Wales (NSW)

Featured Property

Dreamy waterfront lifestyle doesn't even make the market: REAL Specialists

Brent Hodge and Kasey Pereira of REAL Specialists have sold this waterfront Tweed Heads West home before it even went to market.

New South Wales (NSW)Queensland (Qld)Gold Coast

Politics

Housing Industry Association welcomes Queensland relaxing border closures

This new relaxing of the border controls will assist builders and tradies to resume normal trading and travel by opening up the restrictive ‘border bubble’ that takes in the Gold Coast and Northern NSW.

The Economy

Why land investors should take notice of Indonesian celebrity hotspot

The Indonesian island of Sumba may have proven popular amongst celebrities across the past few years, but Invest Islands believe land investors don't need to pay more for a presence in the region just yet.

Pages

News Roundup

http://www.afr.com/real-estate/41-apartment-owners-selling-site-in-sydneys-macquarie-park-20170606-gwlwmq?eid=Email%3Annn-16OMN00050-ret_newsl-membereng%3Annn-06/09/2016-MarketWrap5PM-dom-business-nnn-afr-u&et_cid=29080966&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/41-apartment-owners-selling-site-in-sydneys-macquarie-park-20170606-gwlwmq%3Feid%3DEmail%3Annn-16OMN00050-ret_newsl-membereng%3Annn-06%252F09%252F2016-MarketWrap5PM-dom-business-nnn-afr-u&Email_name=MW5-06-07&Day_Sent=07062017

Owners selling site in Sydney's Macquarie Park

Macquarie Park in north-west Sydney continues to evolve into a residential suburb, after another 41 apartment owners banded together to sell three unit blocks in one line with hopes of $65m.

The Australian Financial Review

https://www.businessinsider.com.au/australian-property-values-have-risen-nearly-350-in-the-last-20-years-but-there-has-been-two-downturns-2017-6

Australian property values have risen nearly 350% in the last 20 years with two downturns

Sometimes it’s easy to forget there have been bumps along the property road, despite the broad upward trend.

Business Insider

https://www.mortgagebusiness.com.au/breaking-news/11169-fhbs-need-to-save-40-years-for-deposit-ubs?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin07_06_17&utm_medium=email&utm_content=1

FHBs need to save for 40 years for deposit: UBS

It could take ‘typical’ first home buyers 40 years to save enough for a Sydney home deposit, a new report has found.

Mortgage Business

http://www.abc.net.au/news/2017-06-06/the-labor-party-the-chinese-developer-and-seat-in-nsw-parliament/8593684

The Labor Party, Chinese property developer Huang Xiangmo, and the seat in the NSW parliament

"Every donor expects a pound of flesh in return for their contribution, but in China it's a little more than that," China expert Professor John Fitzgerald told 7.30.

ABC

http://www.afr.com/real-estate/brisbane-developer-forceone-offers-a-free-car-to-apartment-buyers-20170607-gwm4x8

Brisbane developer ForceOne offers a free car to apartment buyers

Brisbane developer ForceOne Development is throwing in a Toyota Yaris for each of the next 10 apartment purchases before June 30 but says it's not desperate.

The Australian Financial Review

http://www.mansionglobal.com/articles/64640-vancouver-home-sales-hit-record-high-while-toronto-tumbles?mod=mansion_global_articles_en_wsj_home

Vancouver Home Sales Hit Record High, While Toronto Tumbles

Ontario’s recent government regulations may be taking their toll.

Mansion Global

http://www.theaustralian.com.au/business/property/foreign-buyers-tax-to-have-little-impact-say-analysts/news-story/e628b4c5c09766e7c48638b3f820a44a

Foreign buyers tax to have little impact, say analysts

Sydney was still a lot cheaper than Hong Kong, Shanghai and Singapore; the measures will bring Sydney more in line with other countries in Asia and Canada.

The Australian

http://www.smh.com.au/comment/housing-affordability-package-gives-voters-what-they-want-but-not-what-they-need-20170605-gwkg0r.html

Housing affordability package gives voters what they want but not what they need

Both the Victorian and NSW governments are doing what voters say they want, but voter instincts about the best policies to improve housing affordability are misguided.

The Sydney Morning Herald