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Three capital cities record a fall in home values - Corelogic

While headline growth rate remains positive, three capitals recorded a decline in values over the past three months with Melbourne falling -0.9%, said Tim Lawless.

Queensland (Qld)Sunshine Coast

People

Leading Noosa Hinterland agents unveil their boutique agency

With the support of UrbanX, Kimberlea and Eliot Krause have successfully launched their boutique agency, Krause Property Group.

New South Wales (NSW)

People

James Hall appointed Head of Savills Luxury and Rural residential NSW

Savills Australia and New Zealand has appointed James Hall to the newly created role of State Head of Luxury and Rural Residential – NSW

South Australia (SA)Adelaide

People

Belle Property launches new office Mawson Lakes

Belle Property is thrilled to announce the launch of its first office in Adelaide’s northern suburbs in Mawson Lakes with principals Sadeq Al-Khalidi and Mustafa Razaee.

National

The Economy

Does tenancy reform ‘spook’ investors?

By Eliza Owen, Head of Research, CoreLogic Australia.

New South Wales (NSW)Sydney

People

Inner City sales specialist Brighton Keefe joins BresicWhitney

BresicWhitney continues its sustainable growth, following transacting on close to $2.5 billion in sales in previous financial year, said Chief Executive Officer Thomas McGlynn.

Queensland (Qld)Brisbane

People

One Winter Day: Place auction event a hot success

Place Estate Agents shares the results of its One Winter Day auction event, where dozens of properties went under the hammer across Brisbane.

National

The Economy

Subtle increase in combined capital city preliminary clearance rate - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

Victoria (Vic.)Melbourne Brighton

People

RT Edgar Bayside announces the appointment of Will Maxted as Director

With an outstanding record in luxury sales in Melbourne’s blue-chip Bayside suburbs, Will is one of the top-ranked agents in Victoria under the age of 35.

National

The Economy

John McGrath – The Winter myth makes it a great time to sell

The theory that Winter is a bad time of year to sell is a myth that has persisted for as long as I’ve been around in real estate says John McGrath.

Pages

News Roundup

https://www.thebusinessconversation.com.au/news/2020/07/03/it%E2%80%99s-tax-time-2020-tax-office-toolkit-offers-support-small-businesses/1593750301

It’s tax time 2020: Tax Office toolkit offers support for small businesses

The toolkit includes a set of fact sheets to help small businesses understand a range of topics, including pausing or permanently closing a business due to COVID-19.

The Business Conversation

https://www.theindustrialist.com.au/news/2020/07/02/australian-industrial-sector-demonstrating-resilience-savills/1593674635

Australian industrial sector demonstrating resilience: Savills

Industrial property in Australia has experienced strong capital value growth and yield compression with continued demand from both domestic private and institutional groups and foreign investors, according to Savills.

The Industrialist

https://www.commo.com.au/news/2020/07/02/possibility-shorter-pathway-back-pre-covid-19-commercial-property-sale-volumes-jll

Possibility of shorter pathway back to pre-COVID-19 commercial property sale volumes: JLL

A new report from JLL has shown a "clear hierarchy" emerging in the recovery of Australia's property market from the pandemic, as the industrial & logistics and commercial office sectors demonstrate their resilience.

Commo.

https://www.thehotelconversation.com.au/news/2020/07/01/resortbrokers-reports-more-20-million-seq-management-rights-transactions-throughout

ResortBrokers reports more than $20 million in SEQ management rights transactions throughout the past two months

ResortBrokers says there is "rapidly increasing demand" for management rights as operators look to the permanent accommodation market for stable returns during the COVID-19 crisis.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/07/02/victoria-announces-5-million-fund-support-regional-tourism-businesses/1593660558

Victoria announces $5 million fund to support regional tourism businesses

The fund has the support of VCCI Chief Executive Paul Guerra who said, “Many accommodation businesses are not in a position to be taking more financial hits after an incredibly difficult year.”

The Business Conversation

https://www.commo.com.au/news/2020/07/01/surge-sydney-office-incentives-pushing-down-effective-rents-cushman-wakefield

Surge in Sydney office incentives 'pushing down' effective rents - Cushman & Wakefield

New research from Cushman & Wakefield has shown gross effective rents across the Sydney, Melbourne and Brisbane CBD office markets fell during the June quarter as landlords adjusted their expectations amid the COVID-19 lockdown period.

Commo.

https://www.thehotelconversation.com.au/news/2020/07/01/resortbrokers-reports-more-20-million-seq-management-rights-transactions-throughout

ResortBrokers reports more than $20 million in SEQ management rights transactions throughout the past two months

ResortBrokers says there is "rapidly increasing demand" for management rights as operators look to the permanent accommodation market for stable returns during the COVID-19 crisis.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/07/01/new-research-forecasts-sweeping-global-workplace-change-post-pandemic/1593557032

New research forecasts sweeping global workplace change post-pandemic

Almost eight in ten company executives say businesses will benefit from increased flexibility after coronavirus.

The Business Conversation