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Featured Property

Sandy Point Lodge: Palm Beach double deep waterfront

This home is one of only three deep waterfront properties in Palm Beach occupying a double block and offers spectacular 180 degree views from Careel Bay to Sandy Point. For sale by Peter Robinson of LJ Hooker Palm Beach.

National

The Economy

"We've all forgotten what a normal market is" agent says on cooling auction clearance rates

A Drummoyne home has defied market trends, skyrocketing $650k above the reserve price, while Place Bulimba held another successful All-Star Auction event.

Queensland (Qld)Brisbane

The Economy

Quade Cooper and Laura Dundovic list luxurious Bulimba pad

Melbourne Rebels recruit Quade Cooper and his model partner Laura Dundovic are selling their newly renovated Bulimba home through Ray White Ascot's Damon Warat.

Western Australia (WA)Perth

The Economy

Strong rental market to lead the way in Perth next year, says industry body

The Real Estate Institute of Western Australia (REIWA) is confident the Perth rental market will lead the housing market next year, but warns any changes to negative gearing has the potential to impact buyers.

Queensland (Qld)Brisbane

Featured Property

Nareke: Landmark riverfront estate

This classic stately mansion sits on approx. 3,923sqm of riverside rainforest, with no neighbours, yet is just 2km from Brisbane’s CBD. For sale by Christine Rudolph of Ray White New Farm.

New South Wales (NSW)

The Economy

Drummoyne home attracts global interest

Ray White Drummoyne director Chris Wilkins is expecting fast and furious bidding when he takes the 53 Dening Street home to auction this Saturday.

National

The Economy

"The missing element in a drive to professionalism": PRDnationwide Chairman on need for better industry regulations

Chairman and Managing Director of PRDnationwide, Tony Brasier says advocating for buyer's agents would drive professionalism in the real estate industry.

Queensland (Qld)Brisbane

The Economy

Brisbane apartments now $100k more expensive

The price of a Brisbane apartment is now $100,000 more expensive than it was three months ago, according to a new report by Place Advisory.

Victoria (Vic.)

Featured Property

High Noon: uncomplicated, modern simplicity

With an exclusive Flinders address and rural views, this five bedroom residence celebrates outdoor family living. For sale by Holly Longmuir and Samantha Moffatt of RT Edgar Flinders.

New South Wales (NSW)

The Economy

Rift between REINSW and Fair Trading deepens after call for Parliamentary Inquiry

The ongoing rift between Fair Trading and industry body the Real Estate Institute of New South Wales (REINSW) has deepened after REINSW levelled serious accusations of "gross negligence" and "regulatory backflips" at the state's consumer regulator and Better Regulation Minister Matt Kean.

Pages

News Roundup

http://www.afr.com/personal-finance/apartment-investments-heaven-or-hell-20160205-gmmf4u

Apartment investments: heaven or hell?

ABS data shows that the number of apartment approvals is about to overtake the number of housing approvals.

The Australian Financial Review

http://www.afr.com/real-estate/residential/bill-shorten-would-take-an-axe-to-housing-investment-20160216-gmvy74

Shorten has got his timing wrong on negative gearing

The ALP's changes to negative gearing could hit the market just as the property boom is ending, which could have disastrous consequences.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/cgt-changes-would-frighten-investors-triguboff-warns/news-story/47ff51d47a27dabba49c3eb9bcea5e89

CGT changes would frighten investors, Triguboff warns

Billionaire developer, Harry Triguboff, has joined a long line of property industry executives urging caution over potential changes to negative gearing arrangements.

The Australian

https://theconversation.com/three-myths-on-negative-gearing-the-housing-industry-wants-you-to-believe-54732

Three myths on negative gearing the housing industry wants you to believe

The Labor party took everyone by surprise when it proposed changes to negative gearing. But myths and half-truths are muddying the debate.

The Conversation

http://www.afr.com/real-estate/commercial/lendlease-firsthalf-net-profit-rises-121pc-to-354-million-20160216-gmvxux

Lendlease profit rises on apartment sales

Lendlease first-half net profit rises 12.1% to $354m.

The Australian Financial Review

http://www.smh.com.au/nsw/salim-mehajer-loses-millions-as-land-decisions-are-reversed-20160217-gmwtk6.html?utm_source=twitter&utm_medium=social&utm_campaign=nc&eid=socialn%3Atwi-13omn1677-edtrl-other%3Annn-17/02/2014-edtrs_socialshare-all-nnn-nnn-vars-o%26sa%3DD%26usg%3DALhdy28zsr6qiq

Salim Mehajer loses millions as land decisions are reversed

Salim Mehajer and his family lost potentially more than $10m in half an hour on Wednesday night, as planning changes benefiting their property holdings were overturned.

Sydney Morning Herald

http://www.afr.com/business/banking-and-finance/financial-services/business-leaders-divided-on-negative-gearing-20160216-gmviwr

'Ponzi scheme' or vital investment tool: Business divided on negative gearing

Business leaders, including a host of former Reserve Bank of Australia directors, are fiercely divided by proposals to limit negative gearing.

The Australian Financial Review

http://www.afr.com/real-estate/negative-gearing-changes-likely-to-bring-only-5000-new-homes-builders-say-20160215-gmv0ko

Negative gearing changes likely to bring only 5000 new homes, builders say

Labor's estimate of 25,000 new construction jobs from changes to negative gearing would not go far to boost the supply of new housing, the Master Builders Australia lobby group says.

The Australian Financial Review