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McGrath posts strong half-year profit

McGrath has announced Underlying EBITDA of $4.8 million for the first half at the top end of the range2 of the trading update provided in November 2023 – a 42% increase over previous corresponding period.

National

The Economy

John McGrath – The trends driving regional property price growth

I can see many lifestyle areas performing as well or better than their city counterparts over the next decade. This capital growth will be driven by two main trends, says John McGrath, Chief Executive Officer of McGrath Estate Agents.

National

The Economy

CoreLogic: 2,044 auctions held the highest volume of auctions so far this year

Demand from buyers has kept pace with the pick-up in activity, with the preliminary clearance rate coming in at 75.4%, down slightly from last week (76.2% which revised to 70.3% on final numbers), said CoreLogic research director, Tim Lawless.

South Australia (SA)Adelaide

People

First National Real announce SA/NT 2024 General Excellence and Marketing Awards

First National Real Estate’s SA/NT agents were presented with their 2024 General Excellence and Marketing Awards at Adelaide Zoo on Friday night.

Queensland (Qld)Brisbane

Featured Property

The Oxlade New Farm cityside penthouse for Auction - Place

35/80 Oxlade Drive New Farm for sale by Sarah Hackett and Matthew Foote of Place New Farm delivers New York style with iconic city views.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

People

Coronis Group Announces “Lux Up” Competition Winners

Coronis has successfully concluded its "Lux Up" competition, a celebration of exceptional performance across its network.

National Australian Capital Territory (ACT)Canberra

The Economy

Scrapping “Negative Gearing” will worsen already critical housing crisis - REIA

REIA President, Leanne Pilkington said discentivising investment into housing for mum and dad investors will just makes a bad situation worse.

Queensland (Qld)Brisbane

Featured Property

Internationally-inspired architectural Brisbane acreage for sale - Sotheby’s

Stonebrook 598 London Road Chandler for sale by Tyson Clarke of Queensland Sotheby’s International Realty provides for a ‘living in the country’ experience, with all the convenience of a city home.

Victoria (Vic.)

Featured Property

55-acre Stephen Akehurst-designed Flinders with award-winning vineyard - Kay & Burton

444 Musk Creek Road Flinders for sale by Will Winter and Andrew Hines of Kay & Burton offers a trophy Australian estate with timeless style.

New South Wales (NSW)

Featured Property

595-acre NSW Mid North Coast Mansfield Estate for sale - Exclusive Estates Australasia

743 Ocean Drive Grants Beach for sale by Graham Bowie of Exclusive Estates Australasia blends lifestyle rewards, captivating ocean views, and business potential.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2020/03/03/pyrmont-hotel-sold-287-million/1583218488

Pyrmont hotel sold for $28.7 million

A private Taiwanese family has snapped up a brand new freestanding 60-room hotel within the heart of Darling Harbour for $28.7 million from IGB in a deal negotiated by Michael Simpson, Jordan Lee and Andy Hu Savills.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/03/03/victorian-businesses-offered-free-access-victorian-chamber-services-combat

Victorian businesses offered free access to Victorian Chamber services to combat coronavirus and bushfire crises

For the first time since being established in 1851, the Victorian Chamber of Commerce and Industry will waive membership fees for one year for all Victorian businesses up to a value of $700.

The Business Conversation

https://www.commo.com.au/news/2020/03/03/new-ray-white-commercial-head-agency-operations-bleeds-yellow-and-grey/1583188813

New Ray White Commercial Head of Agency Operations 'bleeds yellow and grey'

Ray White Commercial has appointed Andrew Freeman as the new Head of Agency Operations.

Commo

https://www.commo.com.au/news/2020/02/27/liverpool-office-building-sold-525-million/1582759572

Liverpool office building sold for $52.5 million

A commercial office asset has become Liverpool's highest ever property transaction after being sold to Chinese investors for $52.5 million in a deal negotiated by Ray White Commercial Western Sydney, in conjunction with Colliers International.

Commo.

https://www.thebusinessconversation.com.au/2020/03/02/dynamic-creative-honoured-back-back-google-shopping-excellence-awards/1583139271

Dynamic Creative honoured with back to back Google Shopping Excellence Awards

Dynamic Creative's highly relevant and competitive advertising helped sustain growth for their customers during a tough year for Australian Retailers.

The Business Conversation

https://www.thehotelconversation.com.au/news/2020/03/02/paradise-resort-gold-coast-relaunches-12-million-pledge/1583124255

Paradise Resort Gold Coast relaunches with $12 million pledge

Paradise Resort Gold Coast relaunched over the weekend, with new owner, Dr Jerry Schwartz, pledging $12 million towards a major upgrade and revitalization of the venue.

The Hotel Conversation

https://www.thehotelconversation.com.au/properties/2020/02/28/cairns-bluewater-marina-sale-colliers-international/1582857874

Cairns Bluewater Marina for sale Colliers International

Bluewater Marina Cairns for sale - freehhold marina for sale by Expression of Interest, Jay Beattie Colliers Cairns.

The Hotel Conversatoin

https://www.commo.com.au/news/2020/02/28/mark-curtain-lead-cbre%E2%80%99s-pacific-office-leasing-business/1582870642

Mark Curtain to lead CBRE’s Pacific Office Leasing business

CBRE has appointed property professional Mark Curtain to head the firm’s Pacific Office Leasing business.

Commo.