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Actor Oliver Burton wins REINSW Novice Auctioneers Competition

An actor hoping to become an auctioneer has won the final of the 2018 Real Estate Institute of New South Wales (REINSW) Novice Auctioneers Competition.

Victoria (Vic.)Melbourne

Featured Property

South Yarra Victorian grandeur

This home’s period profile (circa 1860s) is matched inside by alluring romantic spaces. For sale by David Colbran and Greg Herman of Melbourne Sotheby’s International Realty.

National

The Economy

Most millennials are saving for their first property, new research shows

An increasing amount of millennials are saving up for a home loan, new research from Westpac has revealed.

Victoria (Vic.)Melbourne

Construction

Infrastructure will be the focus at REIV 2018 Economic Forecast Lunch

Projects and developments will be the key focus at the Real Estate Institute of Victoria's (REIV) 2018 Economic Forecast Lunch in late July.

National

People

How real estate agents can build their digital brand

Build your digital brand so you are the first person a potential client sees when looking for someone to sell or manage their property.

Queensland (Qld)

Featured Property

Batujimba: lakeside garden estate

Inspired by renowned Ceylonese architect Geoffrey Bawa, Port Douglas’s Batujimba is an exclusive tropical oasis. For sale by Barbara Wolveridge of Queensland Sotheby’s International Realty.

Tasmania (Tas.)

People

Knight Frank to launch residential offering in Launceston

Knight Frank and Woolcock Partners Real Estate are merging, providing clients with a residential offering in Launceston.

National Queensland (Qld)Brisbane

Construction

House and land packages soar in popularity as buyers seek more space

Demand for house and land packages is peaking across the south-east as buyers look for larger blocks and bigger backyards, according to a recent report from Place Advisory.

National

Politics

Global survey shows Australia's property industry setting the pace in energy efficiency

A new global survey shows Australia’s property industry is setting the pace globally on sustainability and energy efficiency, but more still needs to be done.

Queensland (Qld)Gold Coast

Featured Property

A private sanctuary on the busy Gold Coast: Tomewin Mountain Retreat

This estate features stunning views of the Currumbin Valley escarpment, resort style amenities and is council approved as a BnB. For sale by Ed Cherry of Sophie Carter Exclusive Properties and Brent Savage of LS Properties.

Pages

News Roundup

http://www.canberratimes.com.au/act-news/newacton-kingston-arts-precinct-win-at-planning-institute-of-australia-awards-20151021-gkexg6.html#ixzz3pCUTNWVn

NewActon, Kingston Arts Precinct win at Planning Institute of Australia awards

NewActon and the Kingston Arts precincts were the big winners at the planning industry's ACT awards ceremony on Wednesday night. The Planning Institute of Australia's 2015 ACT Awards for Planning Excellence deemed NewActon worthy of the "Great Place Award", while the Kingston Arts Precinct received the gong for Best Planning Ideas in the "large project" category.

The Canberra Times

http://www.businessinsider.com.au/karen-mills-subprime-loan-brokers-us-online-small-business-lending-2015-10

People are worried this could be the next US 'subprime' crisis

Loan brokers whose “predatory practices led to the financial crisis” are now turning to online small business lenders in the US, according to Obama’s former top small business advisor, leading to fears that a new subprime credit bubble could be inflating.

Business Insider

http://www.abc.net.au/news/2015-10-21/developer-proposes-floating-houses-for-adelaide-port-river/6872072

Developer proposes floating houses for Adelaide's Port River

Floating houses and motels could be built on the Port River, if an Adelaide property developer is given permission to use the water for a residential project. Greg Toop has developed a plan involving potentially hundreds of floating properties between the Birkenhead Bridge and the West Lakes outlet in Adelaide's west.

ABC Online

http://www.couriermail.com.au/lifestyle/health/denver-is-booming-from-legal-weed-and-australia-could-be-next/story-fnihoyeo-1227577713852

Denver is booming from legal weed and Australia could be next

The only thing higher than the population in Denver is the rent. House prices and rentals are skyrocketing in the mile high city and it’s all thanks to a law that made it possible for businesses to grow and sell marijuana and for residents to smoke as much as they like, wherever they like.

Courier Mail

http://www.wsj.com/articles/developers-in-australia-roll-out-red-carpet-for-wealthy-chinese-1445372227

Developers in Australia Roll Out Red Carpet for Wealthy Chinese

It used to be Hollywood that staged red-carpet premieres to promote blockbuster movies. Now, real-estate developers in Australia are using the same tactics to sell glitzy apartments to Asia’s rich.

The Wall Street Journal

http://www.afr.com/news/politics/turnbull-gives-banks-green-light-to-raise-mortgage-rates-20151019-gkdb65

Turnbull gives banks green light to raise mortgage rates

The federal government's endorsement of new requirements for banks to boost capital as insurance against a financial crisis has given the green light for other banks to follow Westpac and increase interest rates, the industry believes.

The Australian Financial Review

http://www.adelaidenow.com.au/news/south-australia/sa-real-estate-agent-nabil-chehade-had-no-intent-to-commit-offence-of-selling-275000-house-to-his-own-sister/story-fni6uo1m-1227576182774?sv=cc71c8919cd5fe7f80171a861758581d

Real estate agent didn't mean to sell house to his sister

A South Australian real estate agent who unlawfully sold a house to an employee — his sister — had no intention to commit the offence and did not gain financially from the sale, a court has heard. Nabil Chehade, 39, appeared in the Elizabeth Magistrates Court on Tuesday for sentencing submissions over allegations that, in 2013, he sold a client’s four-bedroom, one-bathroom, two-car-garage property to his brother-in-law and sister Yahya and Safa El Haj for $275,000.

The Adelaide Advertiser

http://www.smh.com.au/business/retail/woolworths-lowes-weigh-masters-options-as-clock-starts-ticking-20151019-gkdaba.html#ixzz3p9aVLdXj

Woolworths and Lowe's might part ways on Masters

Woolworths is expected to pull the plug on its $2.2 billion foray into the home-improvement market if joint venture partner Lowe's decides to exercise an option to sell its $1.1 billion stake.

Sydney Morning Herald