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Time to axe the tax to assist housing affordability - REIA

REIA president, Adrian Kelly said families across all the states and territories, except the ACT, are paying more stamp duty today than 20 years ago and that is time to get serious about stamp duty reform.

Queensland (Qld)Brisbane

People

Alex Rutherford, Place New Farm: Maintaining clients over time

Over her 20 years in the industry, Alex has built a large repeat and referral client network and says her past clients are "always at the front of mind".

National

People

Real Specialists to launch a new brand

The team behind Real Specialists is set to launch a new brand in the coming weeks which will represent the services provided to agents, distinguishing itself from the existing Real Specialists brand.

New South Wales (NSW)

Featured Property

Near new Altitude Estate home with dual living potential and stunning views - REAL Specialists

Altitude Estate home for sale by Marisol Moylan of REAL Specialists.

Queensland (Qld)Brisbane

People

Get to know Joanne Murphy of Brisbane Choice Realty

Joanne draws on her experience in sales and property management in the USA, focusing on the inner-north suburbs of Brisbane.

National

The Economy

CoreLogic: National rents record highest annual growth in over a decade

CoreLogic’s Rental Review for the June 2021 quarter shows despite rental growth slowing over recent months, the latest figures take national rental rates 6.6% higher over the year; the highest annual growth in dwelling rents since January 2009.

Western Australia (WA)Perth

The Economy

Perth vacancy rate increases to 10 month high in June - REIWA

The Perth vacancy rate increased to 1.2 per cent in June 2021, the highest-level Perth has seen since August 2020.

National

The Economy

John McGrath – Investors replacing first home buyers

Investor activity across Australia has soared in recent months, with the highest amount borrowed to buy investment properties since mid-2015, however, John McGrath founder and executive director of McGrath Estate Agents cautions investors not to overextend for fear of missing out.

Queensland (Qld)Brisbane

Featured Property

Architectural Bardon home with sweeping views - Place West

This multi-level residence presents outstanding lifestyle appeal in a quiet, elevated location. For sale by Sacha Hennessy of Place West.

Victoria (Vic.)Melbourne

People

Gardenridge director Don Thomson: designing and building gardens fulfills 'a creative spirit'

Award winning landscape company Gardenridge designs well-considered, well-built, and well-cared for gardens in Melbourne.

Pages

News Roundup

http://www.afr.com/business/westfields-frank-lowy-the-master-of-timing-goes-out-with-bang-20171212-h03ega?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29108472&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/business/westfields-frank-lowy-the-master-of-timing-goes-out-with-bang-20171212-h03ega%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-12-13&Day_Sent=13122017

Westfield's Frank Lowy, the master of timing, goes out with bang

On Friday, Frank Lowy was at Windsor Castle receiving his knighthood from Queen Elizabeth II. Four days later, he was in London announcing the end of Westfield as we know it, having created and closed a top 20 ASX-listed company in one generation and walking away with billions.

The Australian Financial Review

http://www.afr.com/real-estate/residential/vic/melbourne-land-prices-surge-65pc-in-a-month-20171211-h02i6d

Melbourne land prices surge 6.5% in a month

The cost of buying a 434sqm plot of dirt to build a new house in Melbourne's outer suburbs surged 6.5% in November, hitting a new median price of $318,500.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11761-significant-concern-that-banks-misled-mortgage-customers?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin12_12_17&utm_medium=email&utm_content=1

‘Significant concern’ that banks misled mortgage customers

A parliamentary committee fears consumers were led to believe banks lifted interest-only rates only to meet regulatory requirements.

Mortgage Business

http://www.afr.com/real-estate/sydney-apartments-post-biggest-drop-in-value-in-six-years-in-september-quarter-abs-20171212-h030bo

Sydney apartments post biggest drop in value in six years: ABS

Sydney apartments, townhouses and semi-detached homes fell 1.4% in value in the September quarter.

The Australian Financial Review

https://www.architecturaldigest.com/story/meryl-streep-priest-steven-spielberg-home-exorcism?mbid=nl_102017AM_Weekly&spMailingID=12534995&spUserID=MjM4ODc1NTYxNTY2S0&spJobID=1300936617&spReportId=MTMwMDkzNjYxNwS2

Meryl Streep Once Recommended a Priest to Exorcise Steven Spielberg's Home

If your house is overrun with unwanted spirits, it turns out that the best person to call is not, in fact, the Ghostbusters, but Meryl Streep.

Architectural Digest

http://www.afr.com/business/banking-and-finance/regulators-ask-lenders-to-reveal-how-lending-crackdown-has-impacted-new-business-20171208-h019c9

Regulators ask lenders to reveal how crackdown has impacted new business

The nation's financial regulators are quizzing lenders about the impact of recent rule changes.

The Australian Financial Review

http://www.afr.com/real-estate/residential/no-apartment-oversupply-in-parramatta-as-market-adjusts-deloitte-20171207-h00e17

No apartment oversupply in Parramatta as market adjusts

Developers are expected to abandon or postpone some residential projects in Parramatta as housing conditions cool in Sydney's second CBD.

The Australian Financial Review

https://www.smartpropertyinvestment.com.au/tax-and-legal/17295-first-home-super-saver-scheme-and-downsizing-incentives-pass-both-houses?utm_source=SmartPropertyInvestment&utm_campaign=11_12_17&utm_medium=email&utm_content=1

First Home Super Saver Scheme and downsizing incentives pass both houses

Bills on downsizing incentives and the ability for first home buyers to use superannuation to put money down on a new home have slipped through with only a few amendments.

Smart Property Investment