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New South Wales (NSW)Queensland (Qld)

Politics

Building sector calls on election winner to reignite consumer confidence

The week leading into the election has been an eventful one for Australia's housing sector.

Western Australia (WA)

The Economy

'Get rid of it' - REIWA President calls on state government to remove Foreign Buyers Duty

Real Estate Institute of Western Australia President Damian Collins said the Foreign Buyers Surcharge introduced at the start of this year has come at the wrong time for the state.

People

CBRE named best property consultancy in Australia at Property Awards

CBRE has been judged Australia's best property consultancy at the Asia Pacific Property Awards held in Bangkok.

Victoria (Vic.)Melbourne

Featured Property

Victorian terrace on the gardens: 'Grace Darling'

A stunning contemporary expansion has transformed this South Terrace home for an excellent inner-city lifestyle. For sale by Antony Woodley and Antony Harbor of Collins Simms Fitzroy North.

International

The Economy

Brisbane, Sydney, Melbourne and Perth make Knight Frank Prime Global Cities Index

Australia has received strong representation in the Knight Frank Global Cities Index for Q1 2019, with four capital cities included on the list.

The Economy

First Home Loan Deposit Scheme would be 'short-term gain for long-term pain' - Starr Partners CEO

Not everyone is happy with the Coalition's First Home Loan Deposit scheme, with Starr Partners CEO Douglas Driscoll describing the policy as a "bandaid solution".

National

Construction

Credit squeezing industry activity - HIA

HIA has forecast a further downturn in building activity as part of its quarterly economic and industry outlook report, released on Wednesday.

South Australia (SA)Adelaide

Featured Property

Halcyon House: Heart, soul and ocean views with 3 titles

Escape to the Adelaide Hills home with this spacious property, featuring secret doorways and hidden follies. For sale by Dee-Anne Hunt of Harcourts Williams.

National

The Economy

SQM research shows rental vacancy jump

Research released by SQM has indicated a rise in the national residential rental vacancy rate across April.

Victoria (Vic.)Melbourne

People

Nelson Alexander auctions set to support community foundations

Melbourne agency Nelson Alexander is preparing to give back to the community this month through its annual Foundation Day.

Pages

News Roundup

http://www.afr.com/real-estate/residential/sp-says-no-sharp-house-price-correction-while-reits-enjoy-more-investment-20160614-gpigu1

S&P says no sharp house price correction

S&P has given a positive but cautious outlook for Australian real estate investment trusts and house prices.

The Australian Financial Review

http://www.theaustralian.com.au/news/nation/chinese-buyers-are-still-keen-on-australian-property/news-story/01993734cddf402e715d3fc4449ad2d0

Chinese buyers still keen on Australian property

A typical Chinese ad for Australian property urges: “Build your dream in the southern hemisphere, enjoy a life of tranquillity in Australia.”

The Australian

http://www.smh.com.au/nsw/nsw-state-budget-2016-108m-for-new-buses-and-routes-20160614-gpj1kf.html

NSW budget to include $108m for new buses

A new fleet of double-decker buses and new public transport routes have been announced by the NSW government.

The Sydney Morning Herald

http://www.realestate.com.au/blog/8-fun-facts-queen-elizabeth-property-empire/?rsf=or%3Atwitter

Eight fun facts about the Queen’s property empire

As the Queen celebrates her birthday, a look at her record as a property investor.

Realestate.com.au

http://www.afr.com/real-estate/residential/nsw/sydney-house-prices-falling-back-over-the-month-corelogic-says-20160613-gphocd

Sydney house prices falling back over the month, CoreLogic says

Sydney house prices have given up some of their recent strong gains, with prices ticking lower over both the past week and month, figures from CoreLogic RP Data show.

The Australian Financial Review

http://www.smh.com.au/nsw/nsw-state-budget-2016-280m-for-families-at-risk-of-homelessness-20160610-gpgrlj.html

NSW state budget 2016: $280m for families at risk of homelessness

The Baird government will commit $280 million over four years to the biggest shake-up of the public housing system in 40 years.

The Sydney Morning Herald

http://www.afr.com/real-estate/residential/upping-the-ante-queensland-adds-taxes-for-foreign-buyers-in-slowing-market-20160609-gpfzvn

Upping the ante: Queensland adds taxes for foreign buyers in slowing market

Queensland property developers are in shock from the state government's announcement to impose a 3% surcharge on foreigners' home purchases.

The Australian Financial Review

http://www.afr.com/real-estate/negative-gearing-and-house-prices-issues-in-key-marginal-electorates-20160602-gp9ozq

Negative gearing and house prices issues in key marginal electorates

Property prices pose a tough rhetorical challenge for Liberal and Labor politicians: do most voters really want prices to go up a lot?