The Real Estate Conversation

Contact

Real estate tycoon Xu Jiayin, now China's richest person, forced to sell Australian home by Joe Hockey in 2015

The Chinese real estate tycoon who was forced to sell his Sydney harbourside mansion by Joe Hockey in 2015, has been named China's richest person.

South Australia (SA)Adelaide

People

Get to know Kate Smith, one of Raine & Horne’s top agents

Kate Smith recently won the Raine & Horne award for Top Salesperson (Principal) Number of Sales.

New South Wales (NSW)Sydney

Politics

Sirius listed on World Monument Fund's 2018 watchlist

International historical-site preservation agency, The World Monument Fund, is calling on the NSW government to preserve the Sirius for its architectural and social significance.

Victoria (Vic.)Melbourne

Featured Property

Austin Maynard-designed winner of the 2009 Timber Design Awards is for sale

Barrow House, a Victorian house with a contemporary extension designed by Austin Maynard Architects, is for sale through Scott McElroy and Jordan Terlizzi of hockingstuart Melbourne.

New South Wales (NSW)Sydney

The Economy

Vaucluse mansion hits the market with $70m price tag

Will the waterfront Sydney mansion owned by Singaporean businessman CK Ow break the record for Australia's most expensive home?

National

The Economy

Roy Morgan: 345,000 Aussie mortgage holders have little or no equity in their homes

The proportion of Australians with little or no equity in their homes is rising, according to new research from Roy Morgan.

Victoria (Vic.)Melbourne

Design

Greville Pabst on what you can learn from The Block

There are lessons for renovators and home buyers on The Block, says Greville Pabst, judge on hit TV show, The Block.

Queensland (Qld)Sunshine Coast

Featured Property

Luxury, north-facing, and long water views in Noosaville

Pavillion-style north facing waterfront living on Queensland’s Sunshine Coast. For sale through Petar Markanovic of One Agency Noosa Heads.

Tasmania (Tas.)Hobart

People

REIT 2017 Awards for Excellence celebrate a top year for Tasmanian real estate

The REIT celebrated Tasmania's best in the industry last night at the 2017 Awards for Excellence in Hobart.

New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

Melbourne gets set for biggest auction weekend in 18 months

“The last weekend in October is likely to see the highest number of auctions held in a single weekend since March 2016," says REIV CEO, Gil King.

Pages

News Roundup

https://au.news.yahoo.com/thewest/business/a/27919567/land-tax-hike-for-property-investors/

WA land tax hike for property investors

Commercial and residential property investors will be slugged with an extra $826 million over the next four years after State Treasurer Mike Nahan made land tax increases the centrepiece of the State Government’s revenue raising efforts in this year’s State Budget.

The West Australian

http://www.independent.ie/business/personal-finance/property-mortgages/higher-tax-relief-for-landlords-in-rental-market-shakeup-31218010.html

Higher tax relief for Irish landlords in rental market shake-up

Significant tax reliefs for landlords and longer leases for tenants are part of a radical new Irish government policy document to give the rental market its biggest overhaul in a generation.

Irish Independent

http://www.odt.co.nz/news/business/342089/new-restrictions-property-investors

New restrictions on NZ property investors

New restrictions aimed at Auckland residential property investors are not likely to lead to big rent increases, the Reserve Bank says. Some landlords have condemned 30% rental property loan-to-value ratio (LVR) rules, saying tenants will suffer, rents will rise and Auckland rental properties will become more scarce.

Otago Daily Times

http://www.brokernews.com.au/news/breaking-news/federal-budget-big-win-for-mortgage-industry-200257.aspx

Federal Budget big win for mortgage industry

The 2015 Federal Budget is a win for the mortgage and finance industry.

Broker News Australia

http://www.dailymail.co.uk/news/article-3079117/Without-China-Australia-views-one-property-developer-Australian-market-says-Chinese-investors-buying-luxury-housing-expensive-cars.html

Chinese property developer says Australia's economy depends on Chinese

A Chinese property developer has claimed Australia would not survive without Chinese migrants. During an interview with Hong Kong television station TVB on May 10, Chen Guo Jing, a commercial and residential property developer based in Melbourne, spoke out in a report titled 'Mainland Invasion' about the growing amount of Chinese investment in Australia.

Daily Mail

http://www.theaustralian.com.au/business/property/nz-acts-to-halt-auckland-property-price-boom/story-fn9656lz-1227353597884

NZ acts to halt Auckland property price boom

New Zealand’s central bank has announced measures to cool Auckland’s red-hot property market, saying a potential real-estate bubble poses a significant risk to the economy.

The Australian

http://www.news.com.au/finance/money/federal-budget-ignores-housing-affordability/story-e6frfmci-1227353407204

Federal Budget ignores housing affordability

Housing affordability is one of the biggest issues facing everyday Aussies, but it didn’t rate a mention in Joe Hockey’s second Budget.

news.com.au

http://www.theaustralian.com.au/business/property/property-giant-blackstone-group-pushes-into-australia/story-fn9656lz-1227353975874

Blackstone pushes into Australia

The world’s biggest property investor Blackstone Group is making its first push into the Australian real estate debt market after buying $750 million of Australian loans as part of its $US26.5bn deal to buy General Electric’s global real estate assets.

The Australian