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'People need to take responsibility for their own actions': REIWA President praises Westpac decision

Real Estate Institute of Western Australia President Damian Collins has come out in support of the decision to dismiss legal action against Westpac from the corporate regulator, describing it as a "positive for lending".

Western Australia (WA)

People

Realmark Coastal re-sign for second term

The Realmark Coastal office has officially re-signed with award-winning franchise group Realmark.

Tasmania (Tas.)Hobart

Featured Property

‘Clifton’: Historic Huon Valley homestead

This heritage listed property retains many original features and offers several self-contained guest accommodation options including a restored ‘oast house’. For sale by Anne Boman of Knight Frank Tasmania Hobart.

National

People

What a recruiter really does

Iconic Recruit Director Jessica Mayes offers an insight into what makes a good recruiter.

Western Australia (WA)

Politics

WA government announces consultation date for new strata regulations

The public will get its first look at Western Australia's new strata regulations next month.

Victoria (Vic.)Melbourne

The Economy

Where to find the highest rental returns in Victoria

Data modelling from the Real Estate Institute of Victoria (REIV) has revealed that yields of up to 6.7 per cent can be found in and around Melbourne's CBD while some regional hot spots are returning surprisingly high returns.

New South Wales (NSW)

Politics

REINSW launches RealtyProtect landlord insurance

The Real Estate Institute of New South Wales has introduced a new insurance option designed by the members of the real estate industry for their landlord clients.

New South Wales (NSW)Sydney

Featured Property

Designer light-filled Paddington terrace

A statement in style and sophistication, this classic residence has been beautifully articulated from top to bottom. For sale by Simon Doak, Michael Minogue and Stephen Jones of 1st City Minogue + Doak Woollahra.

People

REINSW ensuring Accreditation standard 'upholds the image of auctioneering'

The Real Estate Institute of New South Wales and its Auctioneers’ Chapter Committee have done extensive work to review the Auctioneers Accreditation.

Queensland (Qld)

The Economy

Whitsunday real estate market ready to make waves at Race Week

The action during Race Week on Hamilton Island is not confined to the water, according to Sotheby's International Realty.

Pages

News Roundup

http://www.afr.com/real-estate/fund-managers-private-equity-ready-to-swoop-on-offtheplan-defaults-20160812-gqqxkz

Fund managers, private equity ready to swoop on off-the-plan defaults

Investors are mobilising to fill a potential gap in the housing market if buyers of off-the-plan apartments become unable to settle their purchases.

The Australian Financial Review

http://www.theaustralian.com.au/news/nation/spring-house-selling-season-shaping-as-less-bouyant/news-story/56d742761f1dc8945a545cd795bda5a9

Spring house selling season shaping as less bouyant

The usually buoyant spring selling is likely to be duller this year as the is hampered by affordability issues and low numbers of properties for sale.

The Australian

http://www.afr.com/real-estate/residential/vancouver-home-buyer-tax-wont-solve-biggest-problem-says-chinese-envoy-20160812-gqrnff

Vancouver home buyer tax won't solve biggest problem, says Chinese envoy

China's top envoy in British Columbia has questioned justifications for the new tax in Canada on foreign home buyers.

The Australian Financial Review

http://thenewdaily.com.au/money/property/2016/08/09/apartment-glut-young-australia/

The apartment glut will be good for young Australia

The looming apartment glut may come as a relief to some – and to the economy more generally.

The New Daily

http://www.news.com.au/feature/special-features/you-wish-you-lived-here/news-story/c5e15dac83a1695a1a6880f41b8c2ca3

Incredible Aussie architecture

Australia is full of incredible properties.

news.com.au

http://www.theaustralian.com.au/business/property/meritons-harry-triguboff-downplays-risk-of-buyers-walking-away/news-story/f9cc658500cebbd52443e7fc60472923

Harry Triguboff downplays risk of buyers walking away

While some Chinese buyers were walking away from their apartment purchases and losing the deposit, others were taking their place, says Meriton founder.

The Australian Financial Review

http://www.abc.net.au/news/2016-08-11/rise-in-australians-not-keeping-up-with-mortgage-payments/7722110

More Australians getting in over their heads in personal debt, Westpac

Westpac has reported a rise in the number of Australians who cannot keep up with their mortgage payments.

ABC

http://www.theaustralian.com.au/business/property/no-need-to-worry-about-housing-bubble-john-symond/news-story/86e860c903ccbb506b5b9d1a63838631

No need to worry about housing bubble: John Symond

Aussie Home Loans founder has warned that off-the-plan buyers face a hazardous market, as overseas buyers struggle to settle purchases, but believes there’s no risk of the housing bubble bursting.

The Australian