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National

The Economy

RBA keeps interest rates steady at 4.35% - The Agency

RBA holds cash rate at 4.35% as CPI Data supports outlook, comments Geoff Lucas CEO of The Agency.

National New South Wales (NSW)Sydney

The Economy

Rates and consumer confidence underpins Sydney’s resilient market - BresicWhitney

RBA holds rates as Australia's property market resilience persists, Thomas McGlynn of BresicWhitney comments.

Victoria (Vic.)Melbourne

Featured Property

150-year old Willsmere Estate Tower Kew sold by RT Edgar

106 Wiltshire Drive Kew sold by Vince Naz and Nick Walker of RT Edgar attracted interest “five times" that of an average campaign.

Queensland (Qld)

People

Leading Agent Emma Miller Joins Place, launching a new location

Place Estate Agents Chief Executive Officer of Place, Damian Hackett announced the opening of Place Cleveland, spearheaded by high-performing real estate agent, Emma Miller.

National Queensland (Qld)Brisbane

People

Handling the death of a tenant - Ray White

By Katelin Currell - Living Here Cush Partners, QLD

Victoria (Vic.)Melbourne Brighton Collingwood Fitzroy

People

CBRE expands specialist prestige residential valuations team to Victoria

CBRE has expanded its high-end residential valuations division to Victoria following a successful New South Wales launch led by John Beresford.

National

The Economy

Resilient Clearance Rates Despite Higher Volumes - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

Queensland (Qld)Brisbane

People

Ray White kicks off partnership with Brisbane Lions

Ray White Queensland has kicked off a three-year partnership with the Brisbane Lions, becoming their official real estate partner.

National

The Economy

John McGrath –With falling rates overseas, when will the RBA cut rates here?

Australian property continues to defy historical trends, with home values still rising in most capital city and regional markets despite today’s high interest rates.

National

The Economy

Shouldn’t we already be in recession?

by Nerida Conisbee, Ray White Group, Chief Economist.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2020/05/25/victorian-government-announces-15-million-eco-pod-funding-mount-buffalo/1590390130

Victorian Government announces $1.5 million 'eco-pod' funding for Mount Buffalo

The Victorian Government has signalled its intention to turn Mount Buffalo into a 12-months-a-year tourism destination through support for new “eco pod” accommodation.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2020/05/19/ats-building-supplies-signs-lease-moorebank-logistics-centre-sydney-cbre/1589855347

ATS building supplies signs lease for Moorebank Logistics Centre in Sydney - CBRE

ATS Building Supplies is relocating to a 12,501 square metre facility in the newly developed Moorebank Logistics Park as part of a deal negotiated by CBRE’s Adam Tresidder and Tom Rourke.

The Industrialist

https://www.thehotelconversation.com.au/news/2020/05/22/nsw-government-open-pubs-clubs-cafes-and-restaurants-50-patrons/1590124970

NSW Government to open pubs, clubs, cafes and restaurants to 50 patrons

The NSW Government will allow pubs, clubs, cafes and restaurants to have up to 50 customers June 1.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/05/22/nando%E2%80%99s-partners-foodbank-provide-1-million-meals-aussies-need/1590104595

Nando’s partners with Foodbank to provide 1 million meals to Aussies in need

The community-focused initiative follows Nando’s recent effort to support frontline workers.

The Business Conversation

https://www.retalkasia.com/news/2020/05/22/climate-change-and-food-security-set-dominate-real-estate-strategies-savills

Climate change and food security set to dominate real estate strategies - Savills

Savills has examined the effects of climate change on various aspects of real estate activity as part of its Impacts research programme, launching a Food Security Index where 38 countries have been ranked on availability, access, stability and utilisation.

Retalk Asia

https://www.thehotelconversation.com.au/2020/05/21/w-melbourne-open-december-2020/1590029081

W Melbourne to open in December 2020

Melbourne’s first luxury lifestyle hotel, W Melbourne is set to shake up the city’s hospitality scene, with W Melbourne’s General Manager Damon Page.

The Hotel Conversation

https://www.theaseandeveloper.com/properties/2020/05/19/crown-group-breaks-record-selling-three-penthouses-and-63m-worth-apartments

Crown Group breaks record selling three penthouses and $63M worth of apartments

Leading Australian property developer Crown Group has sold $63 million worth of luxury apartments and broken its own record by selling three penthouses in three months.

The ASEAN Developer

https://www.commo.com.au/news/2020/05/21/what-businesses-need-consider-heading-back-office/1590039595

What businesses need to consider before heading back into the office

JLL has developed a ‘Building Re-Occupation guide’ which Australian Head of Property Management Richard Fennell says provides a framework to guide property teams on some common issues regarding the building re-occupation phase.

Commo.