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New South Wales (NSW)Sydney

People

Richard Shalhoub returns to McGrath as company grows Sydney CBD footprint

McGrath has announced the acquisition of Sotheby's Sydney CBD in a settlement expected to be worth 1.6 million.

Victoria (Vic.)Melbourne Brighton

Featured Property

State of the art European style

This as new smart home enjoys sophisticated entertaining options, spacious accommodation, and premium features such as a fully appointed Gold Class home theatre. For sale by Stefan Whiting and Gary Yue of Buxton Brighton.

The Economy

RBA delivers

The RBA has broken its 30-month stalemate with a cut to the national cash rate in a move expected to provide further assistance to home buyers.

National

Construction

ArchiStar.ai survey offers property developer industry snapshot

Property intelligence platform ArchiStar.ai has identified the top three challenges for the property development industry based on market survey conducted last week.

Victoria (Vic.)

Politics

Clarification needed on new bill - REIV

The Real Estate Institute of Victoria has called on the state government to provide more detail on Sale of Land Amendment Bill passed in parliament last week.

Queensland (Qld)

Featured Property

2014 Home Of The Year on the market in Cairns

The canal front home enjoys 26m of wide water frontage within the enviable Bluewater Harbour Estate. For sale by Nathan Shingles of FNQ Hot Property.

The Economy

Adelaide only capital city to avoid decline in dwelling values as regional areas perform strongly

Dwelling values have experienced their smallest national month-on-month fall in a year, according to CoreLogic.

The Economy

Start of winter brings lower volumes as clearance rates continue to creep up

The renewed confidence which headlined auction results in the week following the election is still yet to reach vendors, according to CoreLogic.

New South Wales (NSW)

Politics

NCAT jurisdiction issue leaves landlords in the lurch - REINSW

The Real Estate Institute of NSW has raised concerns regarding NSW Civil and Administrative Tribunal's inability to hear cases if one or more parties live interstate.

Victoria (Vic.)Melbourne

Featured Property

60s icon meets contemporary restoration

Designed by two of Australia’s most influential modernist architects, this South Yarra home sits among private gardens close to the Botanic Gardens, Yarra River bike and walking trails. For sale by Nick Gatacre and Melinda Bradley of Hocking Stuart South Yarra.

Pages

News Roundup

http://www.afr.com/real-estate/residential/election-2016-half-of-developers-to-cut-jobs-if-labor-wins-20160626-gps7b9

Half of developers to cut jobs if Labor wins

More than half of property industry leaders say they will cut staff if Labor's negative gearing plans come into effect, Urban Development Institute says.

The Australian Financial Review

http://www.afr.com/real-estate/residential/brexit-to-boost-propertys-safehaven-status-20160626-gps5k7

Brexit to boost property's safe-haven status

Brexit will increase the safe-haven status of Australia's residential property market, observers say.

The Australian Financial Review

https://theconversation.com/super-and-personal-tax-tweaks-will-drive-more-people-into-the-property-market-58928

Super and personal tax tweaks will drive investors into property

Saul Eslake can’t see why people investing through superannuation should receive less generous tax treatment than those doing the same thing through negatively geared property.

The Conversation

http://www.afr.com/news/world/eu-voting-hit-by-torrential-rain-and-long-queues-with-result-on-knife-edge-20160623-gpqoi8

EU voting: torrential rain, long queues, result on knife edge

The first seven polling areas to report results in Britain's historic European Union referendum gave Leave an unexpected 52.6% to 47.4% edge over Remain.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/australian-investors-calm-in-the-face-of-brexit/news-story/580d23d57b7ee3e3a697a7afce202c53

Australian investors calm in the face of Brexit

Australian property investors are calm about the potential impact of the Brexit vote on both their investments in Britain and locally with even a 'leave' vote not tipped to have a long-term impact.

The Australian

http://www.afr.com/business/energy/electricity/were-all-going-solar-rooftop-panels-or-not-20160622-gpphs5

We're all going solar

Solar power has gone beyond a revolution on our rooftops.

The Australian Financial Review

http://www.domain.com.au/news/melbourne-apartments-theres-an-undersupply-says-asian-pacific-group-20160624-gpqrxf/

Melbourne apartments: there’s an undersupply

Asian Pacific Group says Melbourne apartments are undersupplied.

Domain

http://www.yourinvestmentpropertymag.com.au/news/boom-to-bust-have-queenslands-mining-towns-finally-hit-bottom-218311.aspx

Have Queensland's Mining Towns Finally Hit Bottom?

There are some signs Queensland’s regional property markets may be on the brink of turning the corner.