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National

The Economy

"Go-time" for house hunters as buyer's market persists into 2019

Despite the slow start to the selling season, real estate agents say the buyer's market will persist into 2019.

National

The Economy

"Public deserves to know negative gearing timeline" says property body

The Property Council of Australia and its chairman Ben Kingsley have called on the Labor government to clarify key elements of its negative gearing policy if the ALP wins the upcoming election.

New South Wales (NSW)Sydney

People

Get to know Chris Wilkins of Ray White Drummoyne

Chris Wilkins is the director of Ray White Drummoyne.

Victoria (Vic.)

Featured Property

Contemporary family escape by the Great Ocean Road

With a flexible floorplan and multiple indoor and outdoor living spaces, this home in Anglesea, Victoria, would suit either permanent or holiday residence. For sale by Dale Whitford of Whitford.

Western Australia (WA)Perth

People

Xceed Real Estate and Harber Real Estate combine

Two of Perth’s largest independent real estate and property management agencies, Xceed and Harber Real Estate have merged their two organisations.

Queensland (Qld)

The Economy

Legislative reforms pose uncertainty for investors in Queensland

Queensland investors face uncertainty as potential changes to the Residential Tenancies and Rooming Accommodation Act, as well as negative gearing, are still being deliberated.

People

One of Australia’s proudest family businesses is on the hunt for new members!

Resort Brokers Australia have invited applications for two Real Estate Sales Agent positions based in NSW for the brokerage of hotel and tourism assets.

Victoria (Vic.)Melbourne

Featured Property

Beachside penthouse in Port Melbourne

Located within the HM@S complex by Fender Katsalidis, this trophy residence features an executive wing, complete with business centre, and entertaining options for over 100 people. For sale by Gerald Betts of RT Edgar Albert Park.

National

The Economy

Good news for homebuyers and renters in latest CPI figures

Australia’s consumer price index update, released on Wednesday, has exceeded economists forecasts, rising by a solid 0.5 per cent in the December 2018 quarter.

Western Australia (WA)Perth

The Economy

Mining projects restoring confidence in regional WA market

There were mixed results throughout regional Western Australia in the December 2018 quarter, with just three of the nine regional centres to record house price growth according to REIWA.

Pages

News Roundup

http://www.smh.com.au/nsw/nsw-issues-tender-for-hong-kong-highrises-at-new-sydney-metro-train-stations-20160219-gmyxz8.html?&utm_source=social&utm_medium=facebook&utm_campaign=nc&eid=socialn%3Afac-14omn0013-optim-nnn%3Anonpaid-25062014-social_traffic-all-organicpost-nnn-smh-o&campaign_code=nocode&promote_channel=social_facebook

NSW issues tender for Hong Kong high-rises at new Sydney Metro train stations

The Baird government has taken the first step towards the Hong Kong private railway model, issuing a tender for the design of high-rise towers above six new stations on the Metro City and Southwest line.

The Sydney Morning Herald

http://www.theaustralian.com.au/business/media/domain-spinoff-pressure-builds-at-fairfax/news-story/33368149f50259a2a1824144f44afa91

Domain spin-off pressure builds at Fairfax

Pressure is mounting on Fairfax Media to spin off its high-flying Domain Group property business to unlock value that is not being reflected in its share price due to concerns about the company’s core publishing division.

The Australian

http://www.afr.com/business/banking-and-finance/westpacs-andrew-whitford-says-chinese-investment-in-australia-is-ramping-up-20160218-gmxre6

Westpac's Andrew Whitford says Chinese investment in Australia is ramping up

The slowdown in China's economy isn't going to stop its state-owned and private companies investing in Australian assets, says Westpac's head of greater China, Andrew Whitford.

The Australian Financial Review

http://www.smh.com.au/nsw/keep-sydney-open-protesters-march-to-unlock-sydneys-nightlife-20160221-gmzggk.html

Protesters march to 'unlock Sydney's nightlife'

Organisers estimated 15,000 people turned up to the peaceful 'Keep Sydney Open' rally against Sydney's lockout laws.

The Sydney Morning Herald

http://www.theaustralian.com.au/business/property/mortgage-choice-warns-against-changes-to-negative-gearing/news-story/c997fd60b5f0ebb21341131924078be3

Mortgage Choice warns against changes to negative gearing

Mortgage Choice chief executive, John Flavell, has warned against altering negative gearing, saying it would not increase housing affordability and could lead to reduced housing supply and higher rental costs.

The Australian

http://www.afr.com/real-estate/negative-gearing-saul-eslake-takes-on-ken-morrison-20160218-gmxbx5

Negative gearing: Saul Eslake takes on Ken Morrison

Saul Eslake, Economist, and Ken Morrison, CEO Property Council of Australia, are leading proponents for and against cuts to negative gearing.

The Australian Financial Review

http://www.lowyinterpreter.org/post/2016/02/17/bob-carr-response-Why-a-prosperious-nation-needs-migration.aspx

Why a prosperous nation needs migration

Mr Carr has expressed his frustration about the impact of the growing immigrant population on housing and transportation, but a well-managed immigration program is essential to safeguarding Australian prosperity.

Lowy Interpreter

http://www.theaustralian.com.au/business/property/grocon-ceo-carolyn-viney-to-step-down-from-property-empire/news-story/3e9c94fb45590f1f94c164a39bd6cfbe

Grocon CEO, Carolyn Viney, to step down from property empire

One of Australia's most senior women in the property industry, Carolyn Viney, is resigning as chief executive of Australia’s largest diversified development and construction group, Grocon.

The Australian