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Featured Property

Beachfront Bribie Island penthouse sold by Queensland Sotheby’s

The top floor Bribie Island apartment sold by Michael Vettoretto of Queensland Sotheby’s International Realty was on the market for the first time in 20 years.

National Victoria (Vic.)Melbourne

Design

NGVWA Virtual Garden Day 2021: Great gardens and custodians in Western Victoria

Following the success of 2020's inaugural virtual tour, the 2021 NGVWA Garden Day sponsored by Kay & Burton will continue online featuring four highly coveted gardens in Western Victoria.

Victoria (Vic.)Melbourne

People

Kay & Burton Foundation launch formalises Kay & Burton’s community support

Seed funding has been pledged by the Board of the Kay & Burton Group to the Foundation for the 2021/22 year, continuing Kay & Burton's long history of supporting causes across many communities.

Victoria (Vic.)Melbourne

The Economy

Auction listings breakthrough 2000 for the first time - REIV

A record 2040 residential property auctions will be staged by the end of this weekend, 244 more than previous highest (1796) in October 2017.

International National

People

Openn US Pilot Program: Century 21 and RE/MAX broker agreements

Openn has entered into binding agreements with two real estate brokerage firms to participate in the Company’s Pilot Program in the United States, Century 21 and RE/MAX.

National

The Economy

Busiest auction week across the combined capitals in CoreLogic history

The volume of scheduled auctions is set to reach new highs across Sydney, Canberra and Adelaide this week, marking the busiest auction week for the combined capitals since CoreLogic records commenced in 2008. By Kaytlin Ezzy, Research Analyst at CoreLogic.

National

People

Launch of Offer to Own

Deep Blue Company (DBC), owner of Conveyancing.com.au, First Class Legal and Rapid Building Inspections, is excited to announce the launch of Offer to Own, a digital property platform that creates efficiency and transparency in the sale-to-settlement journey for buyers and agents.

Queensland (Qld)Brisbane

Place Ascot hosts Community Christmas Markets and Charity Auction Event

Place Ascot is bringing the Christmas spirit to Ascot Park for an afternoon of community markets and the final auction event series for 2021.

New South Wales (NSW)Sydney

Featured Property

Mosman Federation investment property for sale - The Agency

As well as earning potential, 12 Melrose Street Mosman for sale by Dino Gatti and Adrian Garcia of The Agency invites buyers to reimagine the design to create a dream family home.

National

People

CoreLogic acquires prop-tech firm AiRE

CoreLogic International has acquired Brisbane-based prop-tech firm AiRE, as part of its expansion across real estate technology solutions.

Pages

News Roundup

https://www.mortgagebusiness.com.au/breaking-news/12090-government-hikes-market-manipulation-penalties-for-financial-sector

Government hikes market manipulation penalties for financial sector

Financial institutions found guilty of rigging financial benchmarks or a product used to determine benchmarks will be slapped with penalties of up to $9.45m under new laws.

Mortgage Business

https://www.perthnow.com.au/politics/local-government/apartment-complex-approved-for-west-perth-heritage-site-ng-b88791266z?utm_campaign=AP-RED-2apr2018&utm_medium=email&utm_source=Eloqua

Apartment complex approved for West Perth heritage site

A $17m plan to turn the heritage-listed former West Perth home of Edith Cowan into an apartment tower has been approved.

Perth Now

https://www.mortgagebusiness.com.au/breaking-news/12065-data-sharing-to-transform-expense-verification

Data sharing to transform expense verification

Speaking at an ASIC forum, Reinventure co-founder Danny Gilligan said the data economy could become as significant as the financial services sector over the next 20 years.

Mortgage Business

http://www.afr.com/opinion/columnists/just-how-shabby-are-the-big-banks-loan-books-20180326-h0y07a

Just how shabby are the big banks' loan books?

Bank shareholders are following the Hayne royal commission's public hearings with avid interest.

The Australian Financial Review

https://www.theaustralian.com.au/business/property/tony-denny-takes-major-interest-in-mcgrath-real-estate-agency/news-story/b83e67510dde56fe713c9eb91f618f0f

Tony Denny takes major interest in McGrath real estate agency

The NSW central coast’s leading property developer last night emerged as a substantial shareholder in McGrath, ahead of the company unveiling a turnaround strategy.

The Australian

http://www.afr.com/real-estate/project-group-collapse-just-the-first-of-many-in-overheated-market-subbies-warn-20180328-h0y27a

Project Group collapse just the first of many in overheated market, subbies warn

The collapse of builder Project Group is the first of many in the overheated Victorian construction market, says subcontractors membership group Subbies United.

The Australian Financial Review

http://www.afr.com/real-estate/residential/apartment-sales-and-project-launches-plummet-as-market-selfregulates-20180326-h0y079

Apartment sales, project launches plummet in 2017 as market self-regulates

Developers launched only 128 projects last year, compared with 248 in 2016, data from Urbis shows.

The Australian Financial Review

http://www.afr.com/business/banking-and-finance/westpac-group-set-to-launch-new-crackdown-on-property-borrowers-20180327-h0y0lz

Westpac set to launch new crackdown on property borrowers

The nation's second largest mortgage lender is set to announce a new crackdown on income and spending information borrowers provide when seeking a property loan.

The Australian Financial Review