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McGrath expands its reach across Sydney’s Greater West as the region experiences exceptional growth

McGrath West Group lead by Kon Stathopoulos today announced the expansion of its Greater Western Sydney operation. It will combine talent and expertise from McGrath’s Parramatta and Blacktown offices, the recently expanded Rouse Hill team and its Hawkesbury region acreage specialists.

Western Australia (WA)Perth

The Economy

Listings for sale increase in 119 suburbs during October - REIWA

REIWA President Damian Collins said spring traditionally saw more sellers come to market, ready to take advantage of increased buyer activity following the winter slowdown.

National

The Economy

REIA and nbn join forces to help Aussies have a better move in experience

Real Estate Institute of Australia (REIA) and nbn have joined forces to assist real estate agents and property managers in keeping nbn™ connection boxes at properties when they are sold or leased.

National

People

Openn releases top digital agents of the quarter

Online property sales platform, Openn, has released its first quarterly agent performance report of the new financial year, providing a snapshot of key market trends and the rankings of top agents using the platform.

National

The Economy

John McGrath – Sydneysiders triple their income by owning a house

According to John McGrath founder and executive director of McGrath Estate Agents, many Australians are earning more per year in capital gains than work income and nowhere more so than Sydney.

New South Wales (NSW)Sydney

Featured Property

Rose Bay beachfront for sale first time in 35 years – The Agency

The spectacular Sydney Harbour front home for sale by Ben Collier of The Agency, delivers panoramic views across the Harbour, the city skyline, Harbour Bridge, and Bradley’s Head.

Victoria (Vic.)Melbourne

Design

Victoria Whitelaw Beautiful Flowers: bringing joy during difficult times

Melbourne florist Victoria Whitelaw designs award-winning floral arrangements, from flowers by subscription to incredible standalone pieces using taxidermy pieces for private events.

New South Wales (NSW)Sydney

Featured Property

Italian villa inspired Woollahra for sale - The Agency

This architectural tri-level Woollahra home for sale by Ben Collier of The Agency, was over 20 years in the making.

New South Wales (NSW)Sydney

Featured Property

Paddington terrace sold by The Agency for $8.35m prior to auction

The three-level Elizabeth Street terrace sold by Ben Collier of The Agency, features a stunning Pohio Adams transformation.

Queensland (Qld)Brisbane

Featured Property

Hamilton Hill development site for sale with Brisbane city views – Place Ascot

This 1,690sqm (approx.) property with significant Hamilton home for sale by Drew Davies and Patrick McKinnon of Place Ascot, offers potential to divide and build new (STCA).

Pages

News Roundup

https://www.nestegg.com.au/property/11580-means-tested-negative-gearing-under-the-microscope

Means-tested negative gearing under the microscope

New research proposes a means-tested approach to negative gearing, where mum and dad investors score lower taxes than their sophisticated counterparts.

nestegg.com.au

https://www.theaustralian.com.au/business/opinion/robert-gottliebsen/union-merger-poses-protectionist-threat/news-story/416adf51010d8ec0d2cc9f2eb44e3e74?link=TD_www.theaustralian_opinionator_.23453e53dd239ca6&utm_source=www.theaustralian_opinionator_.23453e53dd239ca6&utm_campaign=circular&utm_medium=THEAUSTRALIAN

Union merger poses protectionist threat

But a new union business model spread through the building industry, cladding makers had to work to union rules which added around 30 per cent to the costs, and suppliers had to be approved by the union before they could be part of a tender.

The Australian

http://www.afr.com/real-estate/lenders-need-to-learn-about-buildtorent-risks-and-returns-salta-properties-20180305-h0wztq

Lenders need to learn about build-to-rent risks and returns: Salta Properties

Australia's major lenders do not understand the risks and returns in the emergent build-to-rent sector, creating an obstacle to financing.

The Australian Financial Review

https://architectureau.com/articles/the-women-behind-australias-built-future/

The women behind Australia’s built future

Australia's leading female architects.

ArchitectureAU

http://www.news.com.au/finance/real-estate/sydney-nsw/how-shane-warne-joined-the-ranks-of-australias-successful-renovators/news-story/6494cc4c99e94f8cc8904d5359697441

How Shane Warne joined the ranks of Australia’s successful renovators

Cricket legend Shane Warne profited handsomely from flipping his Melbourne home after just 20 months' ownership.

news.com.au

http://www.afr.com/real-estate/residential/purplebricks-slapped-with-20000-fine-by-queensland-office-of-fair-trading-20180306-h0x39a

Purplebricks slapped with $20,000 fine

Real estate disruptor Purplebricks has been slapped with a $20,000 fine by the Queensland Office of Fair Trading after being accused of misleading customers about how it charges its fixed fees.

The Australian Financial Review

https://theconversation.com/negative-gearing-reforms-could-save-a-1-7-billion-without-hurting-poorer-investors-92679

Negative gearing reforms could save A$1.7 billion without hurting poorer investors

Reforming negative gearing could save the federal government A$1.7 billion without hurting “mum and dad investors”, by focusing tax deductions on investors with smaller property portfolios and removing them for richer investors.

The Conversation

https://www.theadviser.com.au/breaking-news/37487-asic-highlights-burgeoning-referrer-market

ASIC highlights burgeoning referrer market

The financial services regulator has told the Productivity Commission there is now “an industry of referrers” who are often being paid the same amount as mortgage brokers.

The Adviser