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New home lending strengthening - HIA

“Various segments of the housing market are increasingly active, with lending to first-home buyers, owner occupiers, and investors increasing in the first half of 2024,” stated HIA Economist, Maurice Tapang.

National Australian Capital Territory (ACT)Canberra

People

REIA announces resignation of CEO

The Real Estate Institute of Australia (REIA) has today announced the resignation of Anna Neelagama after four years at the helm. Anna Neelagama to be new Chief Executive Officer Master Builders ACT.

National

The Economy

Fewer capital city homes set to go under the hammer - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

Western Australia (WA)Perth

People

Realmark celebrates 35th anniversary in at annual Evoke conference

Realmark celebrates its 35th anniversary in style at its annual Evoke conference event, held at Crown Perth on Thursday with headline speakers Chris Helder and Amanda Stevens.

Western Australia (WA)Perth

Featured Property

Perth landmark Duncraig House for sale - Ray White

56 Duncraig Road Applecross for sale by Thomas Jefferson Wedge of Ray White Dalkeith Claremont is on the market with a guide of low-mid $30m.

Queensland (Qld)Brisbane

Featured Property

Four-level Norman Park auction with river and city views - Place

2a Wendell Street Norman Park for sale by Sarah Hackett and Lauren Marmotta of Place New Farm is truly in a class of its own.

Queensland (Qld)Brisbane

Featured Property

Toronto 1910 Morningside Queenslander sold by Place

28 Algoori Street Morningside sold by Sarah Hackett and Lauren Marmotta of Place New Farm amid strong demand from local buyers.

New South Wales (NSW)Sydney

People

Ex Macquarie Bank head Stuart Hobden joins Pendium Advisory

Stuart Hobden, the State Segment Head for Macquarie Bank, has joined Pendium Advisory, the nation’s leading rent roll brokers and valuers.

National

The Economy

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.

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