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Rates expected to be cut in the second half of the year as RBA decides to hold

The Reserve Bank's decision to hold the nation's cash rate at 1.5% was anticipated by many, but experts believe cuts are on their way.

Queensland (Qld)Brisbane

Featured Property

Capri': Understated family luxury

Offering a selection of sophisticated living and entertaining spaces, championship size tennis court, lap pool, and manicured gardens, this Ascot home is for sale via Penny Halliwell of Ray White Ascot.

Queensland (Qld)Brisbane

Design

Incoming Brisbane Lord Mayor outlines $550 million green bridges project

Brisbane's new Lord Mayor Adrian Schrinner has announced a $550 million proposal for five new green bridges to be built across the city.

Queensland (Qld)Brisbane

Construction

Savvi technology for Brisbane apartments

Apartment technology is taken to the next level in Brisbane's Savvi development.

Victoria (Vic.)

Featured Property

Prime peninsula: Queenscliff beach home

This two level family home enjoys endless views across Port Philip Bay, Bass Straight, Point Lonsdale, Point Nepean and beyond. For sale by Felix Hakins and Peter Molloy of RT Edgar Bellarine Point Lonsdale.

National

People

No joke as Real Estate Institute of Western Australia trends in Japan

Less than a week after launching the 'What about WA?' campaign, the Real Estate Institute of Western Australia has gained attention from an unlikely source.

National

The Economy

Improved clearance rates show sellers are adjusting to the market - CoreLogic

Auction clearance rates have remained firm throughout March, leading experts to believe that sellers are adjusting to the conditions of the current market.

People

McGrath recruits Karl Secondis to lead Victorian growth

McGrath Estate Agents have announced the appointment of former Ray White Director Karl Secondis as Victorian State Manager.

National

The Economy

Housing downturn loses some steam with CoreLogic House Value Index down 0.6% in March

CoreLogic hedonic home value index results released today reveal that the pace of declining property values has eased relative to the past four months, despite becoming geographically more widespread.

Queensland (Qld)Brisbane

Featured Property

Builder’s own timeless family home

This sophisticated residence in Paddington, Queensland, offers space, privacy and high-end finishes. For sale by Daniel McGahan of Belle Property Wilston.

Pages

News Roundup

http://www.afr.com/real-estate/mirvac-plans-a-low-energy-house-with-no-bills-20160511-gosgcs

Mirvac plans a low energy 'house with no bills'

What sounds too good to be true will be put to the test by Mirvac at a housing estate in middle Melbourne.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/lend-lease-manhattan-penthouse-to-fetch-340m/news-story/e58283c2d77ea640a9155487abb26978

Lend Lease Manhattan penthouse to fetch $340m

The Lend Lease-built 220 Central Park South apartment tower in New York could hold the world’s most expensive penthouse.

The Australian

http://www.theaustralian.com.au/opinion/federal-election-2016-negative-gearing-debate-going-far-off-track/news-story/bddb5d9caf7441d8309a5d8d30698086

Federal election 2016: negative gearing debate going far off track

The negative gearing abolitionists now trumpeting that the RBA is supporting a change would do well to look at it more closely.

The Australian

http://thenewdaily.com.au/money/2016/05/10/heres-much-australian-tradies-earn/

Huge pay cheques of Australian tradies revealed

A list of Australia’s highest-earning tradespeople has revealed who wields the golden tools.

The New Daily

https://theconversation.com/the-herd-driven-housing-bubble-that-could-trigger-an-apartment-bust-57626

The herd driven housing bubble that could trigger an apartment bust

The price gap between houses and apartments in many Australian cities is closing as property investors exhibit a significant degree of herding behaviour.

The Conversation

http://www.afr.com/opinion/columnists/alan-mitchell/negative-gearing-and-the-punch-and-judy-show-20160510-goqsvz

Negative gearing and the Punch and Judy Show

Malcolm Turnbull and Bill Shorten are more interested in using negative gearing to club each other than they are in reform.

The Australian Financial Review

http://www.afr.com/real-estate/melbournes-middle-suburbs-offer-affordable-buys-with-good-growth-prd-nationwide-20160509-goqeet

Melbourne's middle suburbs offer affordable buys with good growth

Melbourne still offers buyers affordable homes within 20km of the city centre.

The Australian Financial Review

http://www.afr.com/business/banking-and-finance/financial-services/nonbank-lenders-and-brokers-told-to-stop-loans-to-foreign-borrowers-20160509-gopyaj

Non-bank lenders and brokers told to stop loans to foreign borrowers

Flagging real estate markets are under pressure from banks cutting off credit to foreign borrowers and warnings from a top property executive that a Labor Government's crackdown on negative gearing could trigger an economic downturn.

The Australian Financial Review