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REINSW welcomes NSW Government’s decisions to reduce restrictions on agents and supports the overhaul of NSW tax system

REINSW supports and commends the NSW Treasurer’s commitment to overhaul the taxation regime currently applied to the property industry.

National

The Economy

NSW to reopen property inspections and on-site auctions from next weekend

Treasurer Dominic Perrottet and Minister for Health Brad Hazzard NSW property market will roll out the welcome mat from next weekend with agents and vendors able to hold traditional property inspections and on-site auctions

Victoria (Vic.)Melbourne

Featured Property

Designer's-own Armadale home sold prior to the EOI closing date

Sold by Andrew Smith and Julia de Campo of Kay & Burton, who told WILLIAMS MEDIA, “At this stage there doesn’t appear to be any negative impact on property prices.”

International

Sweet news from Rolls-Royce Motor Cars

250,000-strong work force on track to exceed 2020 volume targets at the Goodwood home of Britain's luxury marque.

Victoria (Vic.)Melbourne Brighton

Featured Property

French Provincial family classic sold in Brighton

Sold by Alex Schiavo and Tamara Penno of Kay & Burton, who told WILLIAMS MEDIA, "This sale is a positive sign that family homes at this level are still realising some good interest."

Victoria (Vic.)

People

Get to know Holly Longmuir of RT Edgar Mornington Peninsula

"I am very confident about the next six months in the premium market on the Mornington Peninsula."

Queensland (Qld)Brisbane

People

Bernadette O’Shea and chef Josh Lopez bring the taste of a champagne lifestyle into Brisbane homes

Followers of Bernadette’s intimate soirees and Josh’s award-winning dining experiences can continue to enjoy "cold champagne and hot food" delivered during COVID-19 restrictions.

National

The Economy

Is it time to fix and forget your home loan?

Interest in fixed rate home loans has increased since the RBA's emergency cash rate cut to 0.25 per cent.

National

The Economy

Quarterly Rental Market Report

WILLIAMS MEDIA consolidates the latest news on rental markets for the first quarter of 2020.

Northern Territory (NT)

The Economy

NT Market is down but not out

REINT reports a decrease in sales for the quarter, but the figures are still above last year with a small rise in median prices.

Pages

News Roundup

http://www.theaustralian.com.au/news/inquirer/infrastructure-planners-driving-a-corridor-to-the-future/news-story/59e827a2921a1771ecd316fe1812e4c6

Infrastructure planners driving a corridor to the future

Soaring prices for residential property is making Infrastructure Australia chairman Mark Birrell worried that if governments don’t act now to stake out future freight, fuel and passenger transport corridors, it will be harder and more expensive to get nationally significant infrastructure projects up.

The Australian

http://www.afr.com/real-estate/residential/vic/vba-melbourne-bring-charges-corkman-irish-pub-demolishers-face-hefty-fines-20170224-gukyk6

Corkman Irish Pub demolishers face hefty fines

The Victorian Building Authority and the City of Melbourne have thrown the book at rogue developers Stefce Kutlesovski and Raman Shaqiri.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/tasmania-real-estate-has-historic-appeal-for-cashedup-buyers/news-story/315c388e61e04fc938f2f7eaeebcc957

Tasmania real estate has historic appeal for cashed-up buyers

Tasmania’s Victorian and Georgian mansions are highly sought after, attracting locals and mainlanders with the promise of escape from the humdrum of everyday life.

The Australian

https://mobile.nytimes.com/2017/02/24/realestate/lenny-kravitz-is-the-interior-designer-for-a-nolita-building.html?smid=tw-nytrealestate&smtyp=cur&referer=

Lenny Kravitz, Interior Designer

A seven-storey building in New York will have interiors designed by the Grammy-winner, combining the area’s scruffy, art-fueled past with lavish Manhattan luxury.

The New York Times

https://www.domain.com.au/news/housing-affordability-expected-to-deteriorate-further-by-2027-nab-report-20170222-gujc0s/

Australians expect housing affordability to deteriorate further by 2027: NAB report

Australians are more pessimistic about the future of housing affordability than any other lifestyle factor, a new report shows, having a knock-on effect onto business confidence.

Domain

http://www.mortgagebusiness.com.au/breaking-news/10842-apra-announces-fresh-guidance-on-mortgage-lending?utm_source=MB&utm_campaign=MBNewsflash23_02_2017&utm_medium=email

APRA announces fresh guidance on mortgage lending

APRA has outlined changes to serviceability assessments, buffers and the assessment and verification of income, living expenses and other debt commitments.

Mortgage Business

http://www.businessinsider.com.au/australians-are-holding-onto-their-homes-and-its-starting-to-hurt-real-estate-agents-2017-2

Australians are holding onto their homes and it's starting to hurt real estate agents

McGrath has partly blamed fewer homes available to sell for its profit slump.

Business Insider Australia

http://www.theaustralian.com.au/business/wall-street-journal/british-property-companies-preparing-for-a-downturn/news-story/5adeefa0e0e5fd44e9b401f60ec3f08a

British property companies preparing for a downturn

British property companies are preparing for a downturn by stepping up sales and stalling development plans.

The Australian