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Featured Property

Magnificent Balmoral Ridge Queenslander overlooking the Sunshine Coast – McRae Real Estate

650 Maleny Montville Road Balmoral Ridge for sale by Greg McRae of McRae Real Estate features classic Queenslander details, coastal views and off grid solar electric system.

Queensland (Qld)

The Economy

Rental crisis weighs heavily on Property Managers - REIQ

The Real Estate Institute of Queensland (REIQ) is calling for industry, community and Government to better support Property Managers who are struggling to cope with the ongoing pressure caused by a very tight rental market, legislative reform and the recent flood events.

Western Australia (WA)Perth

People

Re/max Australia recognises their best in Western Australia

Joel Davoren, Managing Director RE/MAX Australia, spent last week in Western Australia meeting and personally presenting awards to the network’s real estate offices, broker owners and teams with Perth based RE/MAX Business Growth Manager, Simon Withers.

Queensland (Qld)Gold Coast

People

Dan and Essie Moloney join Adcock Prestige Gold Coast

A husband and wife real estate team are set to take on the Gold Coast prestige property market, opening the first local office for leading prestige agency, Adcock Prestige. Dan and Essie Moloney will work the luxury property market along the southern end of the Gold Coast.

National

People

Rising star and new talent join McGrath Queensland

McGrath recruits rising star Emily Magee and a string of new talent with a focus on support.

National

The Economy

Home ownership plan for Budget 2022 applauded - REIA

The announcement that the Federal Budget 2022 will unlock 50,000 new places for the First Home Loan Deposit Scheme (FLHDS) has today been applauded by the Real Estate Institute of Australia (REIA).

National

The Economy

John McGrath – How COVID-19 changed the market

The biggest impacts of COVID on our market according to John McGrath founder and executive director of McGrath Estate Agents.

National

The Economy

Unlock The Potential For A Better Built Environment - Strata Peak Body SCA Sets Out 2022 Federal Election Agenda

SCA’s 2022 campaign is prioritising three key areas of reform for the strata property sector, sustainability in strata, insurance affordability and availability, and a better quality environment are property peak body Strata Community Association’s (SCA) top priorities for future governments to address, ahead of the upcoming federal election says SCA National President Chris Duggan.

National

Politics

Election 2022: regional focus welcome with negative gearing now safe

Real Estate Institute of Australia (REIA) has welcomed the Leader of the Opposition’s announcement to provide 10,000 places within the First Home Loan Deposit Scheme (FHLDS) for regional Australians living in communities for 12 months or more.

New South Wales (NSW)

Featured Property

Historic Upper Hunter estate for sale - Cullen Royle

Brindley Park Merriwa for sale by Richard Royle and Deborah Cullen of Cullen Royle one of Australia’s most remarkable country estates on approx. 320 acres (130 hectares).

Pages

News Roundup

https://myaccount.news.com.au/sites/theaustralian/subscribe.html?sourceCode=TAWEB_WRE170_a&mode=premium&dest=https%3A//www.theaustralian.com.au/business/property/lendlease-inks-deal-to-build-and-operate-retirement-village-in-shanghai/news-story/fe28b7ed0e07e36c3a4caed1fd2b6696&memtype=anonymous

Lendlease inks Shanghai deal

Lendlease is set to expand into China’s retirement village market, as it beds down a $400m project in Shanghai.

The Australian

https://www.brisbanetimes.com.au/national/queensland/brisbane-s-inner-city-rental-market-tightens-while-the-suburbs-ease-20180422-p4zb03.html

Brisbane's inner-city rental market tightens while the suburbs ease

The rental vacancy rate in Brisbane's inner-city has tightened, while the market has eased slightly in the suburbs.

The Brisbane Times

https://www.smh.com.au/national/nsw/homeowners-with-grenfell-like-cladding-could-face-price-drop-labor-warns-20180422-p4zb16.html

Homeowners with Grenfell-like cladding could face price drop, Labor warns

The NSW opposition has raised concerns flammable cladding could cause a huge drop in housing prices for home owners.

Sydney Morning Herald

https://www.realestate.com.au/news/former-afl-player-pays-over-100-million-for-brandon-park-shopping-centre/?rsf=syn%3Anews%3Anca%3Ahs%3Aspa

Former AFL player pays over $100 million for Brandon Park shopping centre

Troubled Brandon Park shopping centre has been snapped up for a huge sum after languishing on the commercial property market for nearly six months.

Herald Sun

https://www.theage.com.au/national/150m-in-compo-sought-over-failed-insulation-batts-program-20180422-p4zb1g.html

$150m in compo sought over failed insulation batts program

Installers and manufacturers affected by the Rudd government's failed home insulation program will seek $150 million in damages in a class action to be launched on Monday.

The Age

http://www.afr.com/real-estate/a-sustainable-access-to-credit-is-key-to-solving-housing-affordability-20180420-h0z1yv

A sustainable access to credit is key to solving housing affordability

A better housing blueprint, financial literacy for homebuyers and a sustainable access to credit following the banking royal commission are critical to the resolution of Sydney and Melbourne's housing affordability issue.

The Australian Financial Review

http://www.abc.net.au/news/2018-04-23/live-banking-royal-commission-amp-board/9686898

Banking royal commission examines dodgy financial advice as shareholders consider rolling AMP board

The financial services royal commission will continue hearing evidence about many instances of inappropriate financial advice given to customers, with ANZ, AMP and NAB scheduled to appear.

ABC

https://www.theaustralian.com.au/business/property/buyers-beware-markets-havent-finished-falling-yet/news-story/2550977c2457cb11027f91ab894a53d1?login=1

Buyers beware: markets haven’t finished falling yet

Even in the still undersupplied Sydney market, we don’t expect the next upswing for another three to four years, and by then rising interest rates may slow the recovery.

The Australian