The Real Estate Conversation

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Building a new investment property: claiming deductions during construction

According to Mark Chapman, Director of Tax Communications at H&R Block, tax deductions you can claim when building an investment property have changed…and not for the better.

People

Perth plays host to Re/Max Broker owners from across Australia

More than 30 RE/MAX business owners join peers for the 2022 Broker Retreat. Gus Balbontin, Phil Harris and Marcele De Sanctis were the three keynote speakers with director addresses, workshops and a talk by Sean Adomeit from Openn Negotiation, the event’s sponsor.

National

The Economy

Property Investors Seek Subdivision Opportunities in Slow Market

According to Joe Hanna, Group CEO and Managing Director of PropTech Group, more property investors are turning to subdivision as an opportunity to unlock value even in a slow market.

National

The Economy

CoreLogic: What it will take to wipe out Australia's recent capital gains

With the recent growth phase well behind us across most regions of the country, attention is squarely focused on how much housing values could fall before levelling out.

National

Construction

Supply constraints continued to delay project completions into new financial year - HIA

“Australian home builders are still struggling to complete the enormous pipeline of work they accumulated over the last two years,” stated HIA Economist, Tom Devitt.

Queensland (Qld)Gold Coast

People

Leading Queensland Group takes LJ Hooker up the mountain

LJ Hooker Solutions Gold Coast has expanded its footprint in the city’s north, taking the brand to the hinterland lifestyle market of Tamborine Mountain.

National

People

REIA CRE consultation to kick off today

The Real Estate Institute of Australia (REIA) will launch the REIA Commercial Agency Engagement Program today in a bid to tackle issues facing the Australian commercial real estate industry.

New South Wales (NSW)Sydney

People

Laing+Simmons ends year on a growth spike

The Laing+Simmons growth run is escalating as the year draws to a close. New offices in Potts Point and at Erina on the Central Coast are set to open in coming weeks, and another addition to the network has been secured in Randwick which will open in the new year.

National

People

Clarence White wins Australasia’s top auctioneer at the AUSTROS 2022

REIA President, Mr Hayden Groves congratulated the winner Clarence White from Menck White Auctioneers in New South Wales has been crowned as Australasia’s top auctioneer at the AUSTROS 2022 championships held in Sydney this week.

Queensland (Qld)Brisbane

Featured Property

Original Windsor Queenslander for sale with panoramic views - Sotheby’s

105 Hawdon Street Windsor for sale by Michael Vettoretto of Queensland Sotheby’s International Realty on North facing 1,368sqm of land provides an excellent foundation to remodel.

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News Roundup

https://www.thehotelconversation.com.au/news/2018/10/29/melbourne-airport-sees-visitor-numbers-grow-year-year/1540809023

Melbourne Airport sees visitor numbers grow year on year

The combined total of domestic and international passenger visitors surpassed 3.1 million in September 2018, resulting in a growth of 3.4 per cent compared to the same time last year.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2018/10/30/new-sebel-hotel-announced-melbourne-inner-east-suburb-malvern/1540853651

New Sebel Hotel announced for Melbourne inner-east suburb of Malvern

Australia’s largest hotel operator, AccorHotels, together with owners Dalmeera Group, today announced a new-build Sebel apartment-style hotel is coming to Melbourne's inner-east suburb of Malvern scheduled to open in late November.

The Hotel Conversation

https://www.thebusinessconversation.com.au/property/17-mccartin-street-leongatha-3953/walk-walk-out-jamp-hair-studio-sale

Walk-in-walk-out: JAMP Hair Studio is for sale

This salon and beauty business has a contemporary and welcoming feel with regular and loyal clientele. For sale by Jean O’Loughlin of Elders Real Estate Leongatha/ Korumburra.

The Business Conversation

https://www.thehotelconversation.com.au/news/2018/10/29/hawke%E2%80%99s-bay-tourism-numbers-increase-over-winter-season/1540796271

Hawke’s Bay tourism numbers increase over Winter season

Hawke’s Bay has seen a spike over Winter 2018 with overall guest nights, both domestic and international guest nights, along with occupancy rates all increasing when compared to 2017.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2018/10/28/all-eyes-adelaide-tourism-numbers-increase/1540723433

All eyes on Adelaide as tourism numbers increase

From March 2017 to March 2018, international visitation to South Australia increased by 9% to 475,000 international visitors - and with a new airport for Adelaide on top of hotel brands lining up, it's expected this trend will continue.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2018/10/29/maxum-foods-named-%E2%80%98business-services%E2%80%99-growth-company-year/1540755662

Maxum Foods named ‘Business Services’ Growth Company of the Year

The dairy ingredient supplier was recognised for its growth from a $2.7m to a $150m company.

The Business Conversation

https://www.retalkasia.com/news/2018/10/26/developers-and-investors-cautious-challenging-economic-and-policy-eviron-colliers

Developers and investors cautious in challenging economic and policy eviron. - Colliers

Terence Tang, Managing Director of Capital Markets and Investment Services at Colliers International, Asia comments on the Asia Market Snapshot Q3 2018 report released today.

RETalk Asia

https://www.thehotelconversation.com.au/news/2018/10/25/hilton-expands-sydney-hilton-parramatta-announced/1540465463

Hilton expands in Sydney with Hilton Parramatta announced

Hilton Hotels has confirmed the launch of Hilton Parramatta, adding to Hilton’s portfolio of 24 operating and nine pipeline properties in Australasia.

The Hotel Conversation