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Victoria (Vic.)Melbourne

People

Art meets real estate in Kay & Burton's Armadale office

Kay & Burton continue leading the charge with their new Armadale "experience" office.

Queensland (Qld)Brisbane

Featured Property

Classic riverfront family estate on 3,593sqm

With three separate residences across three titles, deep-water mooring, and north-south facing tennis court, this estate draws inspiration from the cascading waterfront lavishness of a Majorcan villa. For sale by Sarah Hackett of Place Bulimba.

National

The Economy

"No bright spot" in latest housing finance figures

President of the Real Estate Institute of Australia (REIA) Malcolm Gunning says there is "no bright spot" in the latest housing finance figures, released by the Australian Bureau of Statistics (ABS).

National

The Economy

A quarter of first home buyers also considering purchasing investment property, new research reveals

New research from Westpac reveals a quarter of first home buyers are considering buying both an investment property and an owner-occupier home.

Northern Territory (NT)

The Economy

Katherine tops list for most affordable suburbs in Northern Territory

These affordable Northern Territory suburbs are perfect for first home buyers.

Victoria (Vic.)Melbourne

Featured Property

Landmark Toorak residence on approx. 2,110sqm

Featuring manicured garden views, this Toorak home enjoys engaging formal and informal spaces for entertaining, including a bar area with pool access and north-south tennis court. For sale by Ross Savas and Andrew Sahhar of Kay & Burton South Yarra.

National

The Economy

Stamp duty reforms an "insult" to home buyers, as bidders versus banks after another flat auction rate

Industry body the Real Estate Institute of New South Wales (REINSW) have slammed the stamp duty reforms as an "insult" to genuine home buyers, while bidders struggle with tight bank lending after another weekend of flat auctions across the nation.

Victoria (Vic.)Melbourne

People

Get to know Robert Fletcher of Kay & Burton

Robert Fletcher began his career as the General Manager of Ferrari and Maserati, before making the switch to luxury real estate, where he's now sales consultant at Kay & Burton South Yarra.

South Australia (SA)

The Economy

Optimistic outlook for South Australian property market

The third quarter in South Australia recorded a decline in property sales, but industry body the Real Estate Institute of South Australia (REISA) is "optimistic" about the market.

New South Wales (NSW)Sydney

Featured Property

Two-title estate in Mosman’s Golden Triangle

Showcasing spectacular ocean views, this property boasts a home theatre, library, guest suite, gym, tennis court, pool, home office, self-contained apartment, and garaging for 12 cars. For sale by Stephen Patrick of Richardson & Wrench Mosman and Brendan Warner of Raine & Horne Mosman.

Pages

News Roundup

https://au.news.yahoo.com/thewest/wa/a/30800035/high-praise-for-down-to-earth-pilbara-design/

High praise for down-to-earth Pilbara design

This rammed earth wall in the Pilbara is the longest of its kind in Australia and probably, the architects say, the longest in the Southern Hemisphere. Now the 230m wall has been selected as a finalist in the WA architecture awards selected by the Australian Institute of Architects.

The West Australian

http://www.afr.com/real-estate/residential#ixzz3ztcLfPih

Mirvac warns on residential and commercial property

The Mirvac CEO says residential property market has passed an inflection point but expects the residential division to bring better results in the second half.

The Australian Financial Review

http://www.abc.net.au/news/2016-02-10/development-group-pushes-for-action-on-housing-plans/7154262

Development group pushes for action on housing plans

The Hunter region branch of a development lobby group has called on the New South Wales Government to create a body to oversee the implementation of the Hunter regional plan. The Government released a draft of the plan in November 2015, and the NSW Parliamentary Secretary for the Hunter, Scot MacDonald, will attend a meeting of the Hunter branch of the Urban Development Institute of Australia today.

ABC News

http://www.moneymorning.com.au/20160210/good-signs-for-australian-construction-as-borals-profits-jump-23-cw.html

Good Signs for Australian Construction As Boral's Profits Jump 23%

Boral reported a 23% increase in NPAT. Revenues increased to $137 million.

Money Morning Australia

http://www.businessinsider.com.au/feng-shui-in-australian-property-2016-2

Australian developers are using feng shui to lure Chinese foreign buyers

Australian developers are using feng shui elements in new building designs to attract Chinese consumers. Incorporating feng shui – the ancient Chinese art of designing spaces to balance energies between living space and body – has become an increasing selling point in recent years, with Chinese homebuyers willing to pay more for a home which promises good energy.

Business Insider Australia

http://www.afr.com/real-estate/residential#ixzz3zk9P7IfE

Struggling homebuilder Simonds not going private 'at this stage', Gary Simonds says

Chairman Gary Simonds, who remains the largest shareholder of Simonds Group says he has no plans to buy back shares and delist the company he founded in 1949.

The Australian Financial Review

http://www.afr.com/real-estate/residential#ixzz3zccP7B4m

Buildcorp looks at other sectors to attract more women

Buildcorp principal Josephine Sukkar last month hired a former nurse as a project manager. It sounds strange, but it's not unusual, Sukkar says.

The Australian Financial Review

http://www.news.com.au/finance/markets/australian-markets/australian-market-smashed-at-open/news-story/d89ac968c13839cac782baaef0fde36f

ASX200 facing biggest drop in four months

Renewed fears about slowing global growth have wiped more than $40 billion off the value of the Australian share market, which is on course for its biggest fall in more than four months.

news.com.au