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NSW building reforms introduced into Parliament

A whole suite of reforms to be introduced to the building and construction industry thanks to the Design and Building Practitioners Bill 2019

South Australia (SA)Adelaide

Featured Property

Prestige living in tree-lined Rose Park

This bluestone villa circa 1900 offers modern day elegance and luxury family living, including a separate self-contained retreat. For sale by Stephanie Williams and John Williams of Harcourts Williams.

National

People

Participants go under the hammer at the 2019 Auctioneering Championships

Contestants lined up today for their chance to come away with the top prize at this year's Australasian Real Estate Institute's 2019 Auctioneering Championships.

Victoria (Vic.)Melbourne

Design

The sun shines on Brunswick East's new solar multi-residential project

Apartment living should not limit residents from accessing the benefits of solar energy, says Lucent

New South Wales (NSW)Sydney

Design

Architecture and design awards won by Arc by Crown Group

Two prestigious industry awards have been won by Arc by Crown Group for its iconic residnetial and hotel development.

Queensland (Qld)Sunshine Coast

Featured Property

Palatial Noosa Waters pavilion home sells in 1 day

Sold by Darren Neal and Adrian Reed of Reed & Co. Estate Agents, who told WILLIAMS MEDIA, “The energy is electric in the prestige end of the market at the moment."

Victoria (Vic.)Melbourne

The Economy

Increased interest in St Kilda Road residential development as it nears completion

Melbourne-based developer The Shakespeare Group has announced the topping out of its landmark $150 million St Boulevard development on St Kilda Rd.

Victoria (Vic.)Melbourne

The Economy

Sale of historic home for the first time in 40 years

Victorian mansion Ascot House, former home of Melbourne's Lord Mayor, has hit the market through CBRE

Victoria (Vic.)

People

House warming for real estate team's new home

RE/MAX ACPA has moved house and everyone is celebrating.

Queensland (Qld)Sunshine Coast

Featured Property

'Villa Asmara’: Bali-inspired luxury retreat

One of Queensland’s most amazing properties, this resort-style home is nestled within multi-award winning tropical gardens. For sale by Craig Porter of LJ Hooker Mooloolaba.

Pages

News Roundup

http://www.theaustralian.com.au/business/financial-services/moodys-warns-of-rising-threat-to-banks-from-patchy-commercial-real-estate-market/news-story/b237764eedde5d14ea6bdabb81d2d3f5

Rising threat to banks from patchy commercial real estate market: Moody’s

The risks confronting Australia’s big banks are on the rise as the office property market slows and the threat of an apartment glut grows, says ratings agency Moody’s.

The Australian

http://thenewdaily.com.au/money/property/2016/10/09/borrowers-fake-numbers-home-loan/?utm_source=Responsys&utm_medium=email&utm_campaign=20161010_TND

How borrowers, brokers fudge numbers to get a home loan

Almost one in every three home borrowers lies about their financial circumstances to lenders, according to a survey.

The New Daily

http://www.domain.com.au/news/fears-china-property-bubble-could-cost-banks-800-billion-20161009-gryfg5/

Fears China property bubble could cost banks $800 billion

China watchers are starting to put a price tag on the cost to banks of a collapse in the nation’s red-hot property market.

Domain

http://www.afr.com/real-estate/hilarious-gumtree-ad-offers-up-financial-black-hole-for-rent-in-medina-20161007-grxl6g

Hilarious Gumtree ad offers up 'financial black hole for rent'

A Perth couple desperate to rent their home have posted a hilarious ad on Gumtree begging people to move into their "financial black hole".

The Australian Financial Review

http://thenewdaily.com.au/money/property/2016/10/06/first-home-buyers-abs-correction/?utm_source=Responsys&utm_medium=email&utm_campaign=20161007_TND

ABS housing mix-up highlights much bigger problem

An ABS data revision, and the ensuing media storm, has renewed focus on how hard it is to save for a home.

The New Daily

http://www.theaustralian.com.au/news/nation/10-million-plus-mansions-boom-as-sales-triple-in-five-years/news-story/de2c934c9faa37c1a1880cd9960ba8e6?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20TheAustralianProperty%20%28The%20Australian%20%7C%20Property%29

$10 million plus mansions boom, as sales triple in five years

Mansion sales in Australia have risen threefold in five years with more than 130 homes selling above $10m in the year to 31 August, driven by the surge of Chinese buyers, low interest rates and economic resurgence in NSW and Victoria.

The Australian

http://www.huffingtonpost.com.au/entry/trump-australia-asia_us_57f8306ce4b0e655eab46ff4

A Trump Presidency Could Be Disastrous For Australia

Former Australian Defense Minister Kim Beazley is concerned about the US presidential nominee’s China plans.

The Huffington Post Australia

http://www.news.com.au/finance/real-estate/buying/chinese-upgraders-adding-new-twist-to-real-estate-boom/news-story/0e1c604cb16dd1f29ecdce69d2a2a6d9

Chinese ‘upgraders’ adding new twist to real estate boom

Thousands of families from the first wave of Chinese property buyers are ditching their off-the-plan apartments for houses and terraces.

news.com.au