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Featured Property

New York style Sydney penthouse

With Hyde Park at its door, this two storey penthouse features iconic Sydney views, covered entertaining terraces and a dramatic rooftop space with heated lap pool. For sale by Craig Donohue and Davey Hong of McGrath Edgecliff.

National

The Economy

Millennials, single parents, and pensioners the hardest hit by rental stress, says new report

Low-income earners are being squeezed out of Melbourne in a bid to find affordable housing, the latest Rental Affordability Index has found.

National

People

Does traditional recruitment have a place in the real estate industry?

The national talent and leadership manager at Ray White has slammed the role of traditional recruiters as “out of touch” and “outdated”, so we caught up with real estate recruiter Sharon Bennie of Specialist Property Recruitment to see what she thinks.

National Victoria (Vic.)

The Economy

Geelong has been named as the country's strongest regional market

Geelong is officially Australia's strongest regional property market, according to CoreLogic's Quarterly Regional Report.

South Australia (SA)

Featured Property

Warrakilla c1842: luxurious Adelaide Hills estate

Considerately updated for modern families, this historic homestead sits on approx. 18.6ha and comes complete with equestrian facilities, vineyard and commercial shed complex with separate access. For sale by Dee-Anne Hunt and Stephanie Williams of Harcourts Williams.

Victoria (Vic.)

People

Ripple Wu announced Co-Principal of McGrath Boxhill, as suburb set for strong capital growth

Ripple Wu has been announced as Director and Co-Principal of McGrath Boxhill.

Queensland (Qld)

The Economy

Strong interest as Mango Hill development site sells for $5.2 million

A 2.298 ha residential development site has been sold to Brisbane-based property developer Unison Projects for $5.2 million at Lot 3, Stodart Terrace, Mango Hill by Ray White Special Projects Queensland.

South Australia (SA)Adelaide

People

Get to know Stephanie Williams, Director of Harcourts Williams

Stephanie Williams is the Director of Harcourts Williams in Adelaide.

New South Wales (NSW)Sydney

Featured Property

Lavish South Coogee seaside residence with iconic views

Brand new, this four-level coastal home features neutral interiors and stunning terraces with north south ocean vistas. For sale by Shane Vincent and Clive Carter of Belle Property Randwick.

New South Wales (NSW)

The Economy

"The industry does not seek self-regulation" REINSW CEO sets record straight

Real Estate Institute of New South Wales (REINSW) CEO Tim McKibbin says the property services industry does not seek self-regulation as suggested by Minister for Better Regulation Matt Kean.

Pages

News Roundup

http://www.mortgagebusiness.com.au/breaking-news/9478-rba-flags-increasing-risk-in-property-market

RBA flags ‘increasing risk’ in property market

The Reserve Bank of Australia has warned of the increasing risk in the commercial real estate market, as prices rise ahead of rents and vacancy rates continue to climb.

Mortgage Business

http://www.afr.com/real-estate/chinese-billionaire-cleared-to-buy-australias-largest-dairy-passes-firb-test-20160223-gn1ekh

Chinese billionaire cleared to buy Australia's largest dairy, passes FIRB test

Federal Treasurer Scott Morrison has approved the purchase of Australia's largest dairy company by Moon Lake – a company owned by Chinese billionaire Lu Xianfeng.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/treasury/malcolm-turnbull-no-change-to-capital-gains-tax-discount/news-story/8ede2e25dcacdbfb35eb92be9f45df43

Malcolm Turnbull: no change to capital gains tax discount

Malcolm Turnbull has ruled out cutting the 50% capital gains tax discount and effectively narrowed the government’s reform options on negative gearing, claiming Labor’s crackdown is a “reckless policy’’ that would “smash’’ housing prices.

The Australian

http://www.afr.com/real-estate/ato-records-show-negative-gearing-numbers-fall-20160222-gn06vz

ATO records show negative gearing numbers fall

Negative gearing may be losing its lustre for Australians, with tax office figures showing the value of rental losses claimed is falling and rental profits declared is rising.

The Australian Financial Review

http://www.domain.com.au/news/melbourne-apartment-boom-new-concerns-of-suburban-oversupply-20160218-gmxbpz/

Melbourne apartment boom: new concerns of suburban oversupply

Fresh concerns of apartment oversupply have hit Melbourne, but are now focused on inner-city suburbs where huge levels of new construction is planned.

Domain

http://www.wsj.com/articles/haute-home-schools-designed-to-give-kids-a-bespoke-education-1455807796

Homes designed to give kids an education

Some affluent parents are buying and building homes in which almost every room is a classroom—for everything from math to music.

The Wall Street Journal

http://www.domain.com.au/news/government-property-nsw-millers-point-sales-making-the-best-of-heritage-real-estate-20160222-gmzx8l/

NSW Millers Point sales: Making the best of heritage real estate

As more former public housing properties go under the hammer this week, looking at Australia's Georgian Colonial architecture, and how best to celebrate it.

Domain

http://www.afr.com/real-estate/sydney-awakens-melbourne-and-brisbane-housing-markets-steady-20160221-gmzfvi

Sydney awakens, Melbourne and Brisbane housing markets steady

The Sydney residential property auction market has charged ahead, while Melbourne and Brisbane trod water over the weekend.

The Australian Financial Review