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Queensland oceanfront luxury home coming soon

Michael Vettoretto and Lynn Malone of Queensland Sotheby's International Realty have for sale a Woorim, Bribie Island oceanfront home with completion in late 2021.

Australian Capital Territory (ACT)Canberra

Politics

REIACT calls out 'lack of transparency' for landlords over COVID-19 emergency provisions

REIACT CEO Michelle Tynan says new provisions in RTA Emergency Declaration extensions will see landlords disadvantaged.

New South Wales (NSW)

People

New McGrath Estate Agents office to open in Cooma

McGrath pushes further into regional lifestyle areas with a new office in Cooma, NSW, said John McGrath, founder and executive director of McGrath Estate Agents.

Victoria (Vic.)

The Economy

Victorian property resilient in the face of COVID-19

True strength being flexed against all predictions in the Victorian market, says REIV president Leah Calnan.

New South Wales (NSW)Sydney

Design

New purchaser revealed at Crown Residences, One Barangaroo

Distinguished Australian businessman, Trevor C. Rowe, AO, has been revealed as a purchaser at Crown Residences at One Barangaroo.

Tasmania (Tas.)

The Economy

Steady market continues for Tasmania

The steady market creates a sense of security and confidence for the Tasmanian real estate market, says REIT president Mandy Welling.

The Economy

Painting a picture of the real estate job market with Sharon Bennie

WILLIAMS MEDIA spoke with Director, Sharon Bennie of sharonbennie – Specialist Property Recruitment on what she’s seen from a job hunter and vacancies perspective.

Queensland (Qld)Brisbane

The Economy

Featured Property

Sotheby's is offering a modern family home inspired by its surroundings

High on a hill and surrounded by beautiful, extensive landscaped gardens, this Gumdale property is being offered to the market for the first time in 25 years through Tyson Clarke of Queensland Sotheby's International Realty. "Very private and homely, with impeccable quality," he said to WILLIAMS MEDIA.

National

The Economy

Extension of JobKeeper and JobSeeker is welcome news

Adrian Kelly of REIA said the exension of support payments by the Government is a much needed lifeline to the real estate industry.

National

People

Finalists announced for Openn Negotiation Excellence Awards

Agents are invited to discover the most successful agents who have used Openn Negotiation's digital sales method, which recently hit $1billion in property sales.

Pages

News Roundup

http://www.smh.com.au/nsw/sydneys-ultra-rich-list-where-the-wealth-is-heading-20170412-gvjrm4.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

Sydney's ultra rich list: where the wealth is heading

The Emerald City's elite are flocking to the east.

The Sydney Morning Herald

http://www.afr.com/real-estate/how-housebuilding-robots-are-demolishing-property-prices-but-creating-jobs-20170417-gvmjpr

How house-building robots demolishing property prices (but creating jobs)

At Blueprint Robotics in Baltimore in the US, robots build parts for houses on an assembly line, that are packed in boxes onto a truck, then delivered to a development site where they are put together.

The Australian Financial Review

https://www.theguardian.com/business/grogonomics/2017/apr/13/the-latest-tax-data-proves-it-negative-gearing-benefits-the-rich-the-most?CMP=share_btn_tw

The latest tax data proves it: negative gearing benefits the rich the most

The release of taxation statistics for 2014-15 reveals that the greatest share of the benefits of negative gearing goes to above average earners, and the biggest growth is to those owning multiple properties.

The Guardian

http://www.abc.net.au/news/2017-04-13/reserve-bank-financial-stability-review-april-2017/8442242

Reserve Bank warns one-third of Australian borrowers have little to no mortgage buffer

One-third of Australian borrowers have not built up a repayment buffer, or are less than one month ahead on their home loan repayments, leaving them exposed to an economic downturn or rise in interest rates.

ABC News

http://www.afr.com/real-estate/residential/prdnationwide-claims-disruptors-such-as-purplebricks-achieve-lower-prices-20170324-gv5m3o

PRDnationwide claims disruptors such as Purplebricks achieve lower prices

The knives are out for Purplebricks and other real estate disruptors eating into the diminishing earnings pie of traditional real estate agents.

The Australian Financial Review

http://www.afr.com/real-estate/residential/wolfdene-snaps-up-40m-melbourne-site-with-chinese-partner-20170413-gvkl6s?&utm_source=social&utm_medium=twitter&utm_campaign=nc&eid=socialn%3Atwi-14omn0055-optim-nnn%3Anonpaid-27062014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_twitter

Wolfdene snaps up $40m Melbourne site with Chinese partner

The flow of offshore funds into Melbourne's outer suburbs is growing.

The Australian Financial Review

http://www.abc.net.au/news/2017-04-12/young-australians-better-off-renting-than-buying/8439396

Young Australians better off renting than buying, says economist

Young Australians would be better off renting than buying a property given record prices, says respected economist Chris Richardson.

The ABC

http://www.afr.com/news/malcolm-turnbull-all-but-rules-out-unlocking-super-for-housing-20170412-gvjlwl

Malcolm Turnbull all but rules out unlocking super for housing

Prime Minister Malcolm Turnbull, speaking to reporters in India, said he did not supportthe idea of allowing young Australians to use super to buy a house.

The Australian Financial Review