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John McGrath – Property the most popular investment option

Australians think property is the most important type of investment for building wealth, followed by superannuation and savings in the bank, according to a new survey by financial advisory company, Findex.

National Tasmania (Tas.)Hobart

People

REIA National Awards for Excellence and AUSTROS 2024 champion honoured at historic REIA 100 Gala

Real Estate Institute of Australia’s (REIA) National Awards for Excellence (NAFE) for 2024 have been announced at the ANZ REIA 100 Gala, highlighting 25 exceptional individuals and agencies who have distinguished themselves in the real estate industry.

Queensland (Qld)Brisbane

Featured Property

Award-winning James Russell designed Ashgrove for sale - Place

18 Farrell Street Ashgrove for sale by Heath Williams of Place New Farm stands as a celebration of architecture.

Queensland (Qld)Brisbane

Featured Property

Record Brisbane riverfront sales for Place

30 Aaron Avenue Hawthorne, 35 Macquarie Street Teneriffe, and 89 Welsby Street New Farm sold by Place as the market continues to hold strong demand for riverside properties.

New South Wales (NSW)Sydney

Featured Property

Brand new Rozelle designer Sydney inner west for sale - The Agency

7 Moodie Street Rozelle for sale by Rebecca Fearon of The Agency offers architect-designed quality without compromise in a priced locale.

Western Australia (WA)

People

Realmark Karratha property manager Kelsey Hutchison takes out inaugural Realmark Excellence Award

As Western Australia continues to lead the nation in rental stress, the property management sector faces significant challenges fueled by increased costs and limited availability of rental properties.

Victoria (Vic.)Melbourne

Featured Property

Lakeside Narre Warren acreage for sale - Barry Plant

10 Boundary Road Narre Warren East for sale by Anthony Johnson of Barry Plant Rowville offers modern luxury on a private 24-acre estate.

National

The Economy

Budget 2024: Positive news for interest rates if Chalmers inflation forecasts are right - REIA

The Real Estate Institute of Australia (REIA) has congratulated Treasurer Jim Chalmers on handing down Budget 2024 and has labelled it a strong budget if inflation forecasts hold.

National

The Economy

Budget 2024: REIA statement on ‘Homes for Australians’

The Real Estate Institute of Australia (REIA) has welcomed a focus on housing in Federal Budget 2024 with the ‘Homes for Australians’ plan but says it needs to be considered in the context of the entire Budget and the commitment to delivery by all three levels of Government, says REIA President Ms Leanne Pilkington.

National

The Economy

John McGrath – Why every property needs a price guide

Throughout my 40 years in real estate, I have always advocated the use of price guides in property marketing campaigns. Price guides answer the first question that every prospective buyer has on a property of interest to them, says John McGrath, Chief Executive Officer of McGrath Estate Agents.

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News Roundup

https://www.thebusinessconversation.com.au/news/2020/03/31/government%E2%80%99s-130-billion-jobkeeper-package-welcomed/1585609002

Government’s $130 billion JobKeeper package welcomed

Ombudsman Kate Carnell describes the JobKeeper package as "a survival kit for small businesses".

The Business Conversation

https://www.thehotelconversation.com.au/2020/03/31/hotels-welcome-%E2%80%98jobkeeper%E2%80%99-package-aha/1585636593

Hotels welcome ‘Jobkeeper’ package: AHA

The Australian Hotels Association has welcomed the Federal Government’s $130b wage subsidy “Jobkeeper” package.

The Hotel Conversation

https://www.commo.com.au/2020/03/31/commercial-property-frequently-asked-depreciation-questions/1585614940

Hotels welcome ‘Jobkeeper’ package: AHA

The Australian Hotels Association has welcomed the Federal Government’s $130b wage subsidy “Jobkeeper” package.

Commo.

https://www.thehotelconversation.com.au/news/2020/03/30/australian-hotel-expectations-be-revised-covid-19-casts-shadow-over-asia-pacific

Australian hotel expectations to be revised as COVID-19 'casts a shadow' over Asia Pacific markets - CBRE

A relatively strong performance by the Asia Pacific hotel market in the second half of 2019 has been overshadowed by the ongoing impact of COVID-19 at the beginning of this year, CBRE says.

The Hotel Conversation

https://www.commo.com.au/news/2020/03/30/commercial-loan-relief-measures-welcomed-property-council/1585521199

Commercial loan relief measures welcomed by Property Council

The loan relief measures to be announced today by Australia’s banks are welcome and will play a crucial role in helping commercial landlords to support their tenants affected by the coronavirus outbreak, The Property Council of Australia says.

Commo.

https://www.thebusinessconversation.com.au/news/2020/03/30/world%E2%80%99s-leading-barter-trade-exchange-lends-hand-aussie-businesses-need/1585535357

World’s leading barter trade exchange lends a hand to Aussie businesses in need

Bartercard's “Barter-Assist” will see every Australian small business that has closed due to Coronavirus offered $1,000 in “trade dollars” that can be spent with approximately 10,000 Bartercard small business merchants across the country.

The Business Conversation

https://www.thehotelconversation.com.au/2020/03/29/toowoomba-pub-spotted-cow-sale-cbre-power-jeffrey-co/1585460076

Toowoomba pub The Spotted Cow for sale - CBRE, Power Jeffrey & Co

The Spotted Cow pub Toowoomba is for sale by Paul Fraser of CBRE Hotels, and Peter Power and Andy Nason of Power Jeffrey & Co.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/03/28/payroll-tax-refund-delivers-50-million-queensland-businesses/1585355430

Payroll tax refund delivers $50 million to Queensland businesses

The Palaszczuk Government’s payroll tax refund initiative for businesses hit by COVID-19 has already seen more than $50 million land in the bank accounts of more than 2300 Queensland businesses right across the state.

The Business Conversation