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Featured Property

Brighton home built for Former Fosters CEO Ted Kunkel for sale - Marshall White

13 Park Street Brighton for sale by Stephen Smith and Simone Howell of Marshall White delivers a grand scale family estate with resort style tennis court, a heated pool and spa on 2,080sqm.

Queensland (Qld)Gold Coast

Featured Property

10-acre dual-living Tallebudgera Gold Coast Hinterland for sale - Sotheby’s

640 Trees Rd Tallebudgera for sale by Scott Keatley, Rebecca Staples and Morgan Keatley of Queensland Sotheby’s International Realty offers with pristine gardens, panoramic views and income potential.

National

The Economy

RBA continues with fastest and largest rate hiking cycle on record - CoreLogic

The RBA lifted the cash rate a further 25 basis points, to 3.35%, at their February board meeting, continuing what is now the fastest and largest rate hiking cycle on record.

National

The Economy

New listings continue to fall down 42% nationally as cost of borrowing hurts the demand to buy - Ray White Research

New listing rates in Melbourne (- 47.9%) and Sydney (-42.5%) are both down, with such heavy losses mostly being responsible for the 42 per cent decline for Australia. Every major city has had new listings decline except Hobart.

National

The Economy

Real Estate agency business owners need to change tactics for 2023 says REAP Dashboard

Co founder of Reap Dashboard Mr Chris Mercer says, The impact of both the slowdown in sales volume and increase in business costs is here to stay and highlights the fine line between profit and loss. Its time to change tactics and real estate agency business owners that get them right will win in 2023.

Victoria (Vic.)Melbourne

People

Kay & Burton appoints CEO ahead of transformative 12 months

Kay & Burton has commenced 2023 with the appointment of Nathan Jones as Chief Executive Officer.

Western Australia (WA)Perth

People

Realmark Coastal snares top WA spot in national award

Realmark Coastal is celebrating snaring the highest-ever ranking by a West Australian agency in the Real Estate Business Australia’s Top 50 Sales Offices.

National

The Economy

House price declines starting to slow says Ray White Chief Economist

Capital city house prices are now down 6.1 per cent from their peak in March 2022. While we may not be at the end of declines, the rate of decline is clearly slowing, comments, Nerida Conisbee, Ray White Group, Chief Economist, in Ray White’s weekly economic update.

International

People

Denver Colorado Mayor declares RE/MAX Day celebrating the 50-year milestone in business

In honor of RE/MAX Founders Day, the company’s headquarters city is making the celebration of 50 years of RE/MAX official in 2023.

National

The Economy

John McGrath – The opportunities in today’s market

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we are either at or approaching the bottom of the cycle and with that he sees many opportunities in today’s market.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2019/01/14/shadow-play-peppers-melbourne-hotel-opening-april-2019/1547440966

Shadow Play by Peppers Melbourne Hotel opening April 2019

AccorHotels has unveiled a sneak peek of its stylish guest rooms at Melbourne’s newest luxury hotel – Shadow Play by Peppers - in the city’s vibrant Southbank arts and entertainment district.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/01/14/hamilton-auckland-passenger-rail-service-business-case-begin/1547444698

Hamilton to Auckland passenger rail service business case to begin

The NZ Transport Agency Board has approved a business case for the next steps in a start-up trial Hamilton to Auckland passenger rail service, Transport Minister Phil Twyford announced.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/01/14/record-tourism-spend-boosts-queensland%E2%80%99s-market-share/1547448807

Record tourism spend boosts Queensland’s market share

Strong growth in Queensland’s burgeoning international tourism sector has seen the Sunshine State out-perform both NSW and Victoria according to new data released.

The Hotel Conversation

https://www.rethinktokyo.com/new-yamanote-line-station-takanawa-gateway

The new Yamanote Line Station: Takanawa Gateway

The latest addition to Tokyo’s loop train line looks like a promising entry point to real estate with appreciation potential.

REThink Tokyo

https://www.thehotelconversation.com.au/properties/2019/01/10/signature-broadbeach-management-rights-sold-ultiqa-hotels-resorts/1547095817

Signature Broadbeach Management Rights sold to ULTIQA Hotels & Resorts

Little Projects has announced global manager, ULTIQA Hotels & Resorts, as the successful purchaser of the management rights for its 256-apartment project, Signature Broadbeach, in a deal brokered by Alex Cook and Tim Crooks of Resort Brokers.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/01/02/hilton-surfers-paradise-sold-70m-jerry-schwartz/1546411579

Hilton Surfers Paradise sold for $70m to Jerry Schwartz

Australia’s largest private hotel investor, Dr Jerry Schwartz, has made his first foray into Queensland hotel property with the $70 million purchase of the five-star Hilton Surfers Paradise from the Chinese group, Ja Feng.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2018/12/17/are-influencers-more-effective-advertising-social-media/1544991234

Are influencers more effective than advertising on social media?

Research by influencer community Social Soup shows “authentic” sponsored content can be twice as effective as advertising.

The Business Conversation

https://www.theaseandeveloper.com/news/2019/01/11/precinct-record-set-melbourne-cbd-buildings-sell-square-metre-rate-35000/1547181351

Precinct record set in Melbourne CBD as buildings sell for square metre rate of $35,000

Two neighbouring buildings in Melbourne's CBD have been sold by CBRE to Chinese-backed developer Longriver.

The Asean Developer