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REIWA welcomes WA Government's easing open home restrictions and rent assistance

REIWA welcomes McGowan Government’s announcements, firstly to allow the number of people who can attend an open home to be increased from two people (including the agent) to a maximum of 10 people and secondly, rent assistance to help property owners through the Coronavirus pandemic.

National

People

Legends of real estate to rally for free live webinars

AREC assembles the legends of real estate to bring free live webinars to the industry during COVID-19

Victoria (Vic.)Melbourne

People

Get to know Jamie Mi of Kay & Burton

"There is no doubt that many international buyers would like to take advantage of the current situation and are motivated to buy this year."

Queensland (Qld)Sunshine Coast

Featured Property

Grand Noosa Heads penthouse snapped up in 16 days

Sold by Kate Cox of Reed & Co, who told WILLIAMS MEDIA, "Noosa stock is quite tight so when a property comes on the market that is attractive, it is usually snapped up pretty quickly."

New South Wales (NSW)Sydney

The Economy

Darren Curtis cautiously optimistic about future of Australian real estate

"Australia has always been regarded as a safe haven for property investment and the current climate is increasing this sentiment."

National

The Economy

What COVID-19 virus means for Australian property

A survey by Ripehouse Advisory, of real estate leaders, has revealed how well the industry is surviving the Coronavirus pandemic.

South Australia (SA)

Politics

REISA sends recommendations to SA Government to survive Coronavirus

REISA president Brett Roenfeldt said he wants to start a conversation with the SA Government with a number of recommendations to help the real estate industry.

Queensland (Qld)Sunshine Coast

People

Penthouse auction to fund COVID-19 treatment research

An 82-year-old semi-retired builder will donate his auction proceeds to the Royal Brisbane and Women’s Hospital (RBWH) Foundation Coronavirus Action Fund.

New South Wales (NSW)Sydney

People

Actor Sam Neill sells his Double Bay property with online auction site Openn Negotiation

Actor Sam Neill has sold his Double Bay property for an undisclosed amount through agents Paul Ephron and Clint Ballard of Ballard Property.

National

The Economy

New home sales decline by 23.2 per cent in March

Consumer confidence declined over the March quarter as home sales dropped sharply, said HIA's Tim Reardon.

Pages

News Roundup

http://www.businessinsider.com.au/successful-people-money-2015-11#/#-1

Nine successful people share the smartest thing they have ever done with their money

Farnoosh Torabi, personal finance expert, bestselling author, and host of the podcast 'So Money', said the smartest she ever did was purchasing real estate in New York City in 2004 and holding onto it until 2014.

Business Insider

http://www.afr.com/real-estate/bankwest-under-fire-for-lending-changes-20170213-gubprb

Bankwest under fire for lending changes

Property investors who are relying on negative gearing to boost their borrowing capacity, claim Bankwest's changes are creating "uncertainty" and are "unfair".

The Australian Financial Review

http://www.9news.com.au/national/2017/02/13/14/32/real-estate-websites-in-legal-row-over-ads

Real estate websites in legal row over ads

Two of Australia's best-known real estate websites have crossed swords after one ran an advertising campaign claiming to be the biggest and best in the country.

9news.com.au

http://www.theaustralian.com.au/business/property/sekisui-house-has-37bn-of-works-in-queensland-pipeline/news-story/8a506159b9e11cd8305daae6d1e435a2

Sekisui House has $3.7bn of works in Queensland pipeline

Japanese development giant Sekisui House is forging ahead with $3.7 billion of works in southeast Queensland, including its controversial Brisbane and Sunshine Coast developments.

The Australian

http://thenewdaily.com.au/money/property/2017/02/12/diy-selling-property/?utm_source=Responsys&utm_medium=email&utm_campaign=20170213_TND

DIY selling your property has never been easier

"It is understandable that vendors want to save on commission, but an agent can bring a lot to the table."

The New Daily

http://www.theaustralian.com.au/national-affairs/9bn-home-affordability-scheme-to-be-dumped-in-may-budget/news-story/9765e3a8c7cbdca45a090464aff1c82e

Home affordability scheme to be dumped in May budget

The Rudd government scheme, with almost $1.5bn a year in grants to the states, has not delivered measurable improvement in the provision of affordable housing.

The Australian

http://www.smh.com.au/comment/why-i-will-never-buy-a-new-apartment-in-sydney-20170209-gu9i4n.html?utm_source=twitter&utm_medium=social&utm_campaign=nc&eid=socialn%3Atwi-13omn1677-edtrl-other%3Annn-17/02/2014-edtrs_socialshare-all-nnn-nnn-vars-o%26sa%3DD%26usg%3DALhdy28zsr6qiq

Why I will never buy a new apartment in Sydney

"I'd think a thousand times before taking on one of the cookie-cutter white boxes spewing from the development industry in the name of 'solving the housing crisis'", says Elizabeth Farrelly.

The Sydney Morning Herald

http://www.afr.com/real-estate/residential/vic/nimbyism-or-greed-development-battles-turn-nasty-20170116-gtsbnd

Nimbyism or greed: Development battles turn nasty

A battle is unfolding between BRW Rich List developer Tim Gurner and local residents in gentrifying inner-Melbourne Fitzroy North over an apartment project.

The Australian Financial Review