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The Economy

Combined capital city auction activity up 4.5% week-on-week - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

Queensland (Qld)Brisbane

People

Coronis Bracken Ridge boast breathtaking results in first year

In their first year, Coronis Bracken Ridge recorded breathtaking results under Agency Directors Cassandra and Dion Saab.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

People

New Fellows welcomed into the REIQ fold

The Real Estate Institute of Queensland (REIQ) is proudly awarding real estate professionals from across the state with an REIQ Fellowship, to honour their exceptional commitment to their craft welcomed REIQ CEO Antonia Mercorella.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

The Economy

Razor thin vacancy rates keep Queenslanders living on the edge - REIQ

Vacancy rates have edged up slightly across Queensland according to data released today from the Real Estate Institute of Queensland (REIQ), but the peak body warns that the broader outlook remains concerning says REIQ CEO Antonia Mercorella.

Queensland (Qld)Brisbane

Featured Property

Shane Thompson O’Hare House Bardon sold by SpinksCo

3/47 Carwoola Street Bardon sold by Rachael Spinks of SpinksCo Residential amid tight supply and interest from locals, interstate and overseas.

National

The Economy

Rate hold a signal of stability for buyers and sellers - BresicWhitney

August RBA commentary from Thomas McGlynn, CEO of BresicWhitney.

National

People

JLL appoints John Gunthorpe as Director of Valuations - Agribusiness

JLL Head of Value and Risk Advisory - Australia & New Zealand, Dale Winfield said John has more than 15 years’ experience advising in the Agribusiness, Infrastructure and Energy sectors across Australia, UK and Europe.

National New South Wales (NSW)Sydney

People

Ray White: Taking the next step

One of the top rugby professionals in the world Gilbert Enoka ONZM reminded Ray White’s aspiring elites in Sydney today that their past doesn’t have to equal their future.

National

The Economy

RBA hold decision unlikely to boost housing demand - Corelogic

Commentary by Tim Lawless, Research Director at CoreLogic Asia Pacific.

The Economy

No rate rise, despite inflation ticking upwards

By Nerida Conisbee Ray White Group Chief Economist.

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