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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.

Victoria (Vic.)Melbourne

People

McGrath continues Victorian growth strategy with North East office

McGrath Estate Agents has opened of a new office in Greensborough in Melbourne’s North-East, 19 km from the city’s CBD.

Victoria (Vic.)

Featured Property

‘Allure’: modern masterpiece with views to the You Yangs

Multiple alfresco and entertaining areas feature within this near new home in Mornington, Victoria. For sale by Dean Phillips and Alexandra Otte of McEwing Partners Mornington.

National

Politics

Labor claim about tax loopholes for big end of town is 'insulting' - PICA

The Property Investment Council of Australia has released new data to show investors are "paying their way" when it comes to property tax.

National

The Economy

New research identifies markets to buy if Labor restricts negative gearing

A Labor triumph in Saturday's election could make certain housing markets more attractive for the remainder of the year, according to data from the Select Residential Property Research Group.

Pages

News Roundup

http://www.domain.com.au/news/simon-baker-sells-north-bondi-penthouse-for-more-than-35-million-20160606-gpcd7y/

Simon Baker sells North Bondi penthouse for over $3.5 million

Simon Baker and his wife Rebecca Rigg have joined the throngs of Sydney vendors making good of the current shortfall in stock, taking one week to sell their North Bondi property.

Domain

http://www.afr.com/technology/technology-companies/facebook/lost-facebook-founder-backs-singapore-property-site-20160606-gpcieq

'Lost' Facebook founder backs Singapore property site

A decade after he was shunted aside by Mark Zuckerberg, Eduardo Saverin is reinventing himself as an Asian venture capitalist with 99.co, a Singaporean house-hunting service.

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

House prices and the cost of rent are key issues in marginal seats this election. Data tracking these topics show there are some very unpredictable results ahead.

The Australian Financial Review

http://www.smh.com.au/national/education/the-rise-of-the-highrise-high-school-20160602-gp9qvy.html

The rise of the high-rise high school

By 2020, Sydney will have five new high-rise and multi-storey public schools that will educate more than 6000 students at a cost of more than $200 million.

The Sydney Morning Herald

http://www.afr.com/real-estate/commercial/development/macquaries-50-martin-place-hq-wins-top-property-industry-award-20160603-gpazj0

Macquarie's 50 Martin Place HQ wins top property industry award

Macquarie Group has won the property industry's top award for turning its heritage 50 Martin Place building into a world-leading contemporary workplace.

The Australian Financial Review

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwi5goHd7JDNAhXCXaYKHRL8CyoQqQIIHjAA&url=http%3A//www.theaustralian.com.au/business/property/singaporean-billionaire-koh-wee-meng-buys-55m-tasmanian-island/news-story/abd8bec1ce5180ef2a5953f77527792d&usg=AFQjCNFNHpVejTxAC8z3ADlm0xeY8jH6iw&sig2=vbowFAZ6vF45bkzTcQwDSQ

Singaporean billionaire Koh Wee Meng buys $5.5m Tasmanian island

Singaporean billionaire Koh Wee Meng, founder of the Fragrance Group and developer of the Melbourne tower modelled on Beyonce's curves, has bought a Tasmanian island.

The Australian

http://www.theaustralian.com.au/business/economics/cooling-housing-has-economy-in-balance/news-story/02be194df53a7ba13acf84b4d4d7d853

Cooling housing has economy in balance

Australia’s housing construction market is tipped to pare back from boom levels as builders face challenges sourcing labour and as banks clamp down on lending.

The Australian

http://www.theurbandeveloper.com/10-leading-women-in-property/?omhide=true&utm_medium=email&utm_campaign=FRI%20NSW&utm_content=FRI%20NSW%20CID_7e768d7adf58c6ac9423c4efb6cdcc5b&utm_source=Campaign%20Monitor&utm_term=Continue%20Reading

10 Leading Women In Property

The Property Council’s 100 Women in Property is a program run around Australia providing participants with sponsorship by an experienced colleague.

The Urban Developer