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Three-level penthouse atop Sydney's ANZ Tower hits the market for $66m

Could this lavish apartment, titled 'The Boyd Residence' after its current developer owner, become Australia's most expensive apartment?

The Economy

Clearance rates soften in Sydney, Melbourne

Clearance rates softened last week, with volumes the highest so far this year.

National

Politics

New report looks at how aging asbestos can be made less dangerous

A new report from the Asbestos Safety and Eradication Agency looks at ways to contain and stabilise asbestos when it is not immediately possible to remove it.

Victoria (Vic.)

Featured Property

Cliff-top showstopper

In the sought-after enclave of Big Hill, this elegant residence commands uninterrupted views of the shoreline and is on offer for the first time via Ian Stewart and Karen Stribling of Gorre - Lorne.

National

The Economy

Banks scrutinised for mortgage lending practices

The banking royal commission and the ACCC are shining a light onto the banks' "opaque" and conflicted home lending practices.

New South Wales (NSW)Sydney

People

Get to know Peter Chauncy of McGrath Crows Nest

Peter Chauncy is a finalist in the upcoming REIA 2018 Awards for Excellence.

International

The Economy

Sydney the tenth most expensive city in the world: The Economist

The Economist's annual cost-of-living survey puts Sydney in tenth place, ranking it as more expensive than London and New York.

New South Wales (NSW)Sydney

Featured Property

Timeless Hunters Hill sandstone home

This reinvented c1890 home with prestigious peninsular setting and breathtaking water views is for sale by Tracey Dixon and Nicholas Cowdrill of McGrath Hunters Hill.

National

The Economy

Real estate transaction numbers are trending lower as costs and prices rise

New data from CoreLogic reveals the suburbs with the highest and lowest transaction rates in Australia.

National

People

How to write the perfect job ad

The best real estate job ads are clear and concise, and they promote the benefits of working for your business as much as the qualities they are seeking in an applicant, says Sharon Bennie of Specialist Property Recruitment.

Pages

News Roundup

http://www.dailytelegraph.com.au/newslocal/the-hills/two-young-men-start-an-organisation-to-keep-the-australian-dream-of-home-ownership-alive/story-fngr8i1f-1227486667001

Two young men start an organisation to keep the Australian dream of home ownership alive

Two men have started a new organisation aimed at helping young people buy their first home.

The Daily Telegraph

http://www.mortgagebusiness.com.au/breaking-news/8789-brics-nations-eye-australian-property

BRICS nations eye Australian property

An international real estate group has recorded a surge in visitors to its Australian website from the developing BRICS nations of Brazil, Russia, India, China and South Africa.

Mortgage Business

http://news.domain.com.au/domain/real-estate-news/melbournes-auction-market-steps-up-another-gear-20150815-gizv2p.html

Melbourne's auction market steps up another gear

Following two strong weekends, Melbourne notched another strong auction clearance rate on Saturday. The Domain Group reported a 80 per cent clearance rate from 611 auctions. There were 163 unreported results.

Domain News

http://www.afr.com/real-estate/residential/sydney-auction-rate-clears-80pc-for-first-time-in-weeks-spring-looks-strong-20150813-giybwn

Spring looks strong for Sydney auctions

Spring is likely to be strong in the Sydney auction market, with the clearance rate picking up over 80 per cent for the first time in five weeks.

The Australian Financial Review

https://www.businessnews.com.au/article/KPMG-dips-toe-in-real-estate-advice

KPMG dips into real estate advice

Accounting firm KPMG has followed rivals EY and PwC into the real estate arena, setting up a property advisory division.

Business News

http://www.propertyshowrooms.com/australia/property/news/tasmanian-real-estate-hit-investors_313461.html

Tasmanian Real Estate a Hit with Investors

Affordability, good rental returns, low vacancy rates and strong sales are just some of the things that are making investors smile in Tasmania this year. According to recent figures from the Real Estate Institute of Tasmania (REIT), the island achieved its highest number of sales in five years during the first quarter of 2015.

Property Showrooms

http://www.couriermail.com.au/realestate/news/china-devaluation-barely-registers-in-booming-real-estate-market/story-fnihpu6h-1227480648128

China devaluation barely registers

A move by China to devalue its currency by almost 2 per cent to prop up exports has barely registered with individual Chinese real estate buyers looking to invest here.

Courier Mail

http://www.yourinvestmentpropertymag.com.au/news/will-reduced-lending-to-real-estate-investors-put-pressure-on-prices-and-supply-204187.aspx

Will reduced lending to real estate investors put pressure on prices and supply?

The Property Council of Australia (PCA) believes the latest lending finance figures from the Australian Bureau of Statistics (ABS) could foreshadow price and supply issues in the near future after drop in investment loans for new constructions.

Your Investment Property Magazine