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Cash rate continues to impede housing supply - HIA

“Sales of new homes across Australia fell by 4.8 per cent in June, to remain at rock bottom levels. This poor result in June leaves sales in the 2022/23 financial year down by 33.2 per cent compared to the previous year,” stated HIA Chief Economist Tim Reardon.

National

The Economy

Unseasonal uptick in auction volumes continues - CoreLogic

According to Duane Kaak, Research Analyst, CoreLogic Australia, the number of scheduled auctions across the combined capital cities is expected to record a further lift this week, up 16.7% week-on-week and bucking the seasonal trend.

New South Wales (NSW)Sydney

Featured Property

Middle Dural lifestyle garden estate for sale - Ray White

Glenroy Park Middle Dural for sale by Sandra Ward and Kylie Bezzina of Ray White Dural offers a landmark family escape with a floodlit tennis court and perch-stocked lake.

Victoria (Vic.)

People

North-east Melbourne market leaders join forces - Ray White

Ray White Eltham directors Jeremy Cleaver and Peter Don have merged their business with Narelle and Alan King's Ray White Diamond Creek.

New South Wales (NSW)

People

Reaching his peak: Mark Poole Launches Poole Property

After dedicating 12 years to a prominent Blue Mountains agency, Mark Poole is creating something extraordinary - launching Poole Property in partnership with UrbanX.

Victoria (Vic.)Melbourne

Featured Property

Urban forest backyard character Richmond Victorian for sale - Jellis Craig

25 Abinger Street Richmond for sale by Simon Shrimpton and Jodie McCarthy of Jellis Craig has been held by one family since 1992.

Victoria (Vic.)Melbourne

Featured Property

'Rathgar' c1886 architecturally transformed Hawthorn East for sale - Abercrombys

149 Victoria Road Hawthorn East for sale by Jock Langley and Michael King of Abercrombys delivers the ultimate 4-level family compound.

National

The Economy

Could the peak in interest rates signal an end to rising rents? - CoreLogic

According to Eliza Owen, Head of Research, CoreLogic Australia, while national rent values have never seen an annual decline in the CoreLogic series, rent growth is likely to continue moderating.

International National Queensland (Qld)Gold Coast

People

Ray White Emerging Elites elevate their business

The 150 Ray White attendees gathered from across Australia and New Zealand came together for a second day of learning and networking at the group’s Emerging Elite conference on the Gold Coast.

New South Wales (NSW)

Featured Property

New Mittagong record for modern Southern Highlands farmhouse - Carlton Real Estate

Poppaea 22 Nero Street Mittagong sold by Jenny Bailey of Carlton Real Estate for $6.3m. The Southern Highlands market remains steady with Sydney buyers looking for a weekender or country retreat.

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News Roundup

https://www.thehotelconversation.com.au/news/2019/07/10/construction-begins-ritz-carlton-rosewood-grand-and-dorsett-hotels-part-queen%E2%80%99s

Construction begins on The Ritz-Carlton, Rosewood, Grand and Dorsett hotels as part of Queen’s Wharf Brisbane

Queen’s Wharf Brisbane will transform the CBD with four new luxury hotels (The Ritz-Carlton hotel, Rosewood hotel, Grand hotel and Dorsett hotel), more than 50 new bars and restaurants, 2,000 residential apartments and the equivalent of 12 football fields of public space when the development is complete.

The Hotel Conversation

https://www.thebusinessconversation.com.au/2019/07/11/acquia-partnership-transforms-lonely-planet%E2%80%99s-digital-user-experience/1562821208

Acquia partnership transforms Lonely Planet’s digital user experience

Acquia’s software has allowed Lonely Planet to introduce streamlined navigation capabilities for travel discovery, inspiration, and trip planning shared in a highly personalised way.

The Business Conversation

https://www.suayphuket.com/news/2019/07/11/montazure-phuket-celebrates-grand-opening-twinpalms-montazure/1562812214

MontAzure Phuket celebrates grand opening of Twinpalms MontAzure

The new beachfront resort offers 46 suites and penthouses, plus multiple dining destinations as part of the mountain-to-ocean 72-hectare mixed-use development MontAzure Phuket

Suay Phuket

https://www.commo.com.au/properties/2019/07/10/brisbane-sets-trend-merging-buildings/1562738400

Brisbane sets the trend for merging buildings

Fender Katsalidis designed Midtown Centre in Brisbane is set to become one of Australia's biggest commercial building merge projects. The plan will see the unification of two office buildings to form a single 26-storey tower.

COMMO

https://www.thehotelconversation.com.au/news/2019/07/10/fullerton-hotel-sydney-track-october-2019-opening/1562735640

The Fullerton Hotel Sydney on track for October 2019 opening

The Fullerton Hotel Sydney will be the city’s newest luxury heritage hotel in the heart of the CBD.

The Hotel Conversation

https://www.thebusinessconversation.com.au/blog/david-smith/business-auditor-reveals-7-most-frequent-failures-australian-organisations/sai

Business auditor reveals the 7 most frequent failures by Australian organisations

A leading global risk management provider that has audited thousands of organisations – from the ASX top 200 to SMEs – has revealed the most common reasons why organisations fail to meet the goals they set.

The Business Conversation

https://www.gapurabali.com/news/2019/07/10/bali-looks-develop-healthy-investment-environment-through-sport/1562735020

Bali looks to develop a healthy investment environment through sport

Sport Tourism offers enormous potential for Indonesia in general and Bali in particular, and it could be an opportunity to change the market mix of visitors and investors to the island.

Gapura Bali

https://www.thehotelconversation.com.au/news/2019/07/09/government-commits-45m-tourism-projects-nq/1562673380

Government commits $4.5m for tourism projects in NQ

Tourism Industry Development Minister Kate Jones has announced $4.5 million in funding for four new tourism projects aimed at attracting visitors and creating jobs.

The Hotel Conversation