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National

The Economy

Wealth report reveals where you can get more for a million

As part of its 2019 Wealth Report, Knight Frank has revealed how much US$1 million can buy around the world

Victoria (Vic.)Melbourne

Featured Property

Captivating Carlton conversion opposite Murchison Square

With heritage accents and contemporary functionality this character-filled Carlton conversion is for sale by Rudy Van Der Berg and Sarah Case of RT Edgar Toorak.

Western Australia (WA)

Politics

REIWA puts call out to federal politicians

The Real Estate Institute of Western Australia has launched a new campaign urging Canberra's politicians not to forget about the WA housing sector in the lead up to the federal election.

People

CoreLogic comes to the assistance of women in need

Employees from CoreLogic came together on International Women's Day for the Homes for Hope initiative.

Victoria (Vic.)Melbourne

Featured Property

Sleek Edwardian between the city and the bay

Transformed into a relaxing family environment, with minimalist interiors extending through to the outdoors, this Middle Park home embodies a quiet luxury. For sale by Darren Lewenberg and Ross Savas of Kay & Burton South Yarra.

National

The Economy

Pet resumes and other ways to secure a rental property

How to stand out in a competitive rental market.

New South Wales (NSW)Sydney

Featured Property

Reinvented Federation semi within 100m of Manly Beach

Masterfully reinvented Federation semi within 100m of Manly Beach for sale by Luke Burgess of Belle Property Manly

National

The Economy

Lower auction volumes across capital cities but clearance rates hold strong in Sydney and Melbourne

Auction volumes again took a hit across Australia last week, but clearance rates showed the week was not without some solid performances.

Victoria (Vic.)Melbourne

Design

Arts at the centre of new Crown project in Melbourne

Melbourne's Southbank is the location for a new arts-themed residential project being developed by Crown Group and G3 Project.

Queensland (Qld)Brisbane

Featured Property

‘Rockbourne’: Historic Brisbane estate with bespoke transformation

This family home fuses Victorian grandeur with cutting-edge modern luxury for the ultimate alfresco family lifestyle. For sale by Garry Price of Ray White East Brisbane.

Pages

News Roundup

http://www.afr.com/real-estate/banks-overreacting-on-foreign-investor-curbs-say-real-estate-financiers-20160428-gogtym

Banks overreacting on foreign investor curbs, say real estate financiers

A high-powered panel of developers and real estate financiers has criticised the big banks for pulling back from lending to foreign buyers, warning they could end up shooting themselves in the foot.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/state-politics/queenslands-tree-laws-will-hit-city-house-costs-property-council/news-story/c9db1da7840cf46bbaf7a3d1abbf2c75

Queensland’s tree laws will hit city house costs: Property Council

The Palaszczuk government’s proposed crackdown on tree-clearing could drive up the cost of new homes in cities and put big urban developments at risk, the Property Council has warned.

The Australian

http://www.theaustralian.com.au/national-affairs/turnbull-defends-negative-gearing-says-critics-in-cloudcuckooland/news-story/29b3dfcb3b428fb19169e939e4080b59

Turnbull defends negative gearing, says critics in ‘cloud-cuckoo-land’

Malcolm Turnbull has stepped up his defence of negative gearing, saying his critics are in “cloud-cuckoo-land” if they believe the opposition’s policies would not cause housing prices to collapse.

The Australian

http://www.afr.com/business/banking-and-finance/genworth-firstquarter-profit-falls-25pc-falls-as-appetite-for-risky-property-loans-falters-20160428-gohs6y

Genworth first-quarter profit falls 25% as appetite for risky property loans falters

Australia's biggest lender's mortgage insurer, which provides protection to lenders from borrowers defaulting on their home loans, said its first-quarter net profit fell 25% to $67.3m from $89.5m as lenders curbed their appetite for risky property loans.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/stockland-queensland-projects-to-deliver-22000-homes/news-story/30b71579d3cd39bfc105eda3b723723b?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20TheAustralianProperty%20%28The%20Australian%20%7C%20Property%29

Stockland Queensland projects to deliver 22,000 homes

Stockland has started work on three residential projects in Queensland that will deliver 22,420 new homes over the next 20 to 30 years.

The Australian

http://www.afr.com/real-estate/reject-packer-tower-planning-experts-tell-pac-20160428-goh7rz

Reject Packer tower, planning experts tell PAC

Crown Resorts' proposal for the $2 billion Sydney hotel, casino and apartment project on the waterfront at Barangaroo should be rejected, said leading planning experts at the public hearing into the proposal by the NSW Planning Assessment Commission.

The Australian Financial Review

http://www.afr.com/business/banking-and-finance/stockbrokers-worry-loss-of-negative-gearing-may-hit-markets-20160427-gogf5s

Stockbrokers worry loss of negative gearing may hit markets

Stockbrokers are worried Labor's negative gearing policy could hit them as it also abolishes the tax break on shares and could discourage equity investments as well as property.

The Australian Financial Review

http://www.afr.com/real-estate/deflation-has-landlords-rethinking-cpi-rents-and-leases-20160426-gofm1e

Deflation has landlords rethinking CPI rents and leases

Landlords are bracing for lower rents and have been locking in new leases without consumer price indexed adjustments because of the prospect of deflation in Australia.

The Australian Financial Review