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Featured Property

1880s Camberwell Victorian villa sold for more than $4.9m

Sold by Sam Wilkinson, Garrick Lim and Geoff Hall of Kay & Burton, who told WILLIAMS MEDIA “This sale was a great litmus test for the market.”

Queensland (Qld)Gold Coast

Featured Property

Tree-changers snap up tranquil hinterland property ‘Maia’

Sold by Ed Cherry of Sophie Carter Exclusive Properties, who told WILLIAMS MEDIA, “There was a lot of interest from people seeking a lifestyle acreage property.”

Victoria (Vic.)Melbourne

Featured Property

“Great result” for Glen Iris family home sold via Zoom auction

The picture-perfect Hamptons style home was sold by Andrew Smith and Celeste Wright of Kay & Burton.

New South Wales (NSW)

Featured Property

“Highest ever prices being achieved in prestige Northern NSW/Southern GC market”

Sophie Carter of Sophie Carter Exclusive Properties told WILLIAMS MEDIA “This section of the market is thriving at the moment.”

Queensland (Qld)Gold Coast

Featured Property

Large family home sold in Elanora, QLD: REAL Specialists

Plenty of interest in 38 Forest Drive, Elanora sold by Steve Rogers of REAL Specialists.

National

The Economy

Will rental moratorium be extended Australia-wide?

WILLIAMS MEDIA asked the real estate institutes from each state and territory what is happening in their rental market, after Victoria's eviction moratorium was extended to the end of the year.

Western Australia (WA)Perth

The Economy

REIWA reports 12 year low for Perth's vacancy rate

The Perth market is experiencing the lowest rental vacancy rates since 2008, according to REIWA.

Queensland (Qld)Gold Coast

Featured Property

Waterfront Gold Coast luxury, just off Main River

For sale by Jordan Williams of JW Prestige Agents, who told WILLIAMS MEDIA, “Homes of this calibre don't come on the market often.”

Queensland (Qld)Brisbane

Featured Property

Historic Corinda mansion c1883 Lynne Grove House for sale - Sotheby’s

147 Lynne Grove Avenue Corinda for sale by Gabrielle Baker of Queensland Sotheby's International Realty has stood the test of time for over 140 years.

National

The Economy

Illawarra and regional Tasmania experience highest growth: CoreLogic

CoreLogic's latest quarterly regional review uncovers units in regional Tasmania showing highest growth along with Illawarra a standout performer across the housing market.

Pages

News Roundup

http://www.theaustralian.com.au/business/opinion/curbs-on-investor-loans-help-rba-keep-rates-low/news-story/0f69e04cf2f84b3ce158fd6117d3d9f7

Curbs on investor loans help RBA keep rates low

With Australian household debt at record-high levels and growing at a rapid clip, the Reserve Bank’s control of interest rates looms as an extremely potent weapon.

The Australian

http://www.architectureanddesign.com.au/features/comment/q-a-peter-elliott-am-on-the-enormous-satisfaction

Peter Elliott AM on the enormous satisfaction of designing for the arts

Peter Elliott AM has been awarded Australian architecture’s highest honour: the Australian Institute of Architecture’s Gold Medal.

Architecture & Design

http://www.abc.net.au/news/story-streams/federal-budget-2017/2017-05-09/federal-budget-2017-a-major-overhaul-in-coalition-thinking/8511360

Federal budget 2017 reflects radical overhaul in Coalition thinking

the Treasurer has jettisoned decades of conservative fiscal orthodoxy around deficits and debt; austerity has been replaced by spending.

ABC

https://www.domain.com.au/news/federal-budget-2017-retirees-given-300000-incentive-to-downsize-20170509-1nxuu6/

Retirees given $300,000 incentive to downsize

Retirees holding onto their family homes have been given a $300,000 incentive to sell under a federal budget plan to encourage older property owners to downsize.

Domain

http://www.afr.com/news/policy/budget/budget-2017-resets-the-debate-about-the-role-of-government-20170503-gvxuqz

Budget 2017 resets the debate about the role of government

Malcolm Turnbull and Scott Morrison have enlisted the powers of the good, the bad and the ugly to reset the budget after the nightmare of 2014.

The Australian Financial Review

https://www.wsj.com/articles/australia-splashes-out-on-infrastructure-to-buoy-growth-1494329397

Australia Splashes Out on Infrastructure to Buoy Growth

A $56 billion decade-long spending plan comes as concerns mount over the health of the economy.

The Wall Street Journal

http://www.abc.net.au/news/story-streams/federal-budget-2017/2016-05-02/budget-jargon-buster/7375618

Federal budget jargon buster: Work through the waffle

Bamboozled by bracket creep, no idea about negative gearing?