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National

The Economy

What could another rate rise do to the Australian housing market?

By Eliza Owen, Head of Research, CoreLogic Australia.

Queensland (Qld)

People

REIQ welcomes weeding out of substandard training practices

The Real Estate Institute of Queensland (REIQ) is warning not all real estate courses are created equal and is commending a crackdown on poor quality training providers says REIQ CEO Antonia Mercorella.

National South Australia (SA)Adelaide Victoria (Vic.)

People

Bendigo and Adelaide Bank appoints Richard Fennell as CEO and MD

The Bendigo and Adelaide Bank Board of Directors today announced the appointment of Richard Fennell as Chief Executive Officer and Managing Director.

Western Australia (WA)Perth

The Economy

Perth rents unchanged for fourth month - REIWA

The long-term tightness in the Perth rental market has been slowly moderating, with median rents unchanged since March, according to REIWA’s latest data.

New South Wales (NSW)Sydney

People

REINSW 2024 Awards for Excellence finalists announced

The REINSW Awards for Excellence program offers much-deserved recognition for the unwavering commitment and tireless efforts exhibited by agents and their valuable contributions to their communities.

Queensland (Qld)

People

Coronis Group expands national footprint with new office led by Levi Thompson

Levi Thompson's move to open his own franchise perfectly captures the Coronis Group ethos: right people, right support, right time. For Levi, the time was right to open Coronis Warner.

National

The Economy

Australian homeowners gain $59K wealth boost from rising housing values in FY24

Australian dwelling values increased a further 0.7% in June, taking growth to 8.0% across FY2023-24. This is the equivalent of a $59,000 increase to the median dwelling value in Australia, which is now $794,000 said CoreLogic’s research director Tim Lawless.

National

The Economy

John McGrath – Sales volumes up amid buyer FOMO

Sales volumes in Australia have risen as buyers get used to high interest rates and the fear of missing out (FOMO) compels them to purchase before home values escalate further. By John McGrath, Chief Executive Officer of McGrath Estate Agents.

Victoria (Vic.)Melbourne

People

From agent to advocate: My journey in giving back

By Steve Turner, director and auctioneer at Buxton Real Estate.

National

People

Knight Frank and Bayleys complete acquisition of McGrath and announce new board of directors Australia

McGrath’s new board of directors will comprise McGrath founder and CEO John McGrath, Knight Frank Australia CEO James Patterson, Knight Frank Global Head of Residential Rupert Dawes, Bayleys Managing Director Mike Bayley and Bayleys Finance Director Ken MacRae. John McGrath will continue on at McGrath as Chief Executive and Managing Director and will retain his 23.3% shareholding in the company.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2020/05/31/palaszczuk-government-20-pubs-and-opens-intrastate-travel-queensland-queenslanders-1

Palaszczuk Government 20 in pubs and opens intrastate travel in Queensland for Queenslanders from 1 June

Queenslanders will be able to undertake unlimited travel including overnight stays throughout the entire state and up to 20 allowed in pubs, cafes and restaurants from midday tomorrow (June 1) in a major easing of Covid-19 restrictions.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/05/27/unique-aussie-product-helping-flatten-curve-one-door-time/1590531935

The unique Aussie product helping to flatten the curve, one door at a time

Recommended for public, commercial or workplace use, SafeOpen is now the international OH&S benchmark for foot operated door opening.

The Business Conversation

https://www.thehotelconversation.com.au/news/2020/05/27/it-feels-we-may-be-reaching-turning-point-ihgs-leanne-harwood-why-domestic-travel

'It feels like we may be reaching a turning point' - IHG's Leanne Harwood on why domestic travel is the ideal reward

InterContinental Hotels Group Managing Director for Australasia and Japan Leanne Harwood reflects on an unforgiving first half of the year for Australia's hospitality and tourism industries.

The Hotel Conversation

https://www.commo.com.au/news/2020/05/28/fitzroys-appoints-new-asset-management-director/1590618073

Fitzroys appoints new Asset Management Director

Melbourne commercial property agency Fitzroys has announced the appointment of Michael Ridler to its Asset Management Department.

Commo.

https://www.theaseandeveloper.com/2020/05/25/development-approval-has-been-granted-major-upgrade-and-repositioning-150-lonsdale-street

Development Approval has been granted for a major upgrade and repositioning of 150 Lonsdale Street Melbourne

Charter Hall receives development approval for 140 and 150 Lonsdale Street, part of its $1.4 billion Wesley Place precinct.

The ASEAN Developer

https://www.thebusinessconversation.com.au/news/2020/05/26/applications-open-cosboa-small-business-relief-fund-till-june-1/1590454642

Applications open for COSBOA Small Business Relief Fund till June 1

The funds are aimed at helping small business ‘revive and thrive’ during this challenging period.

The Business Conversation

https://www.commo.com.au/news/2020/05/25/mair-property-funds-completes-60-million-diversified-fund-west-perth-asset

Mair Property Funds completes $60 million diversified fund with West Perth asset

The EBM insurance building at 1162 Hay Street, West Perth has been sold to Mair Property Funds in an off-market transaction conducted through Transact Capital Managing Director for Queensland and WA, Alex Gismondi.

Commo.

https://www.commo.com.au/news/2020/05/25/mair-property-funds-completes-60-million-diversified-fund-west-perth-asset

Mair Property Funds completes $60 million diversified fund with West Perth asset

The EBM insurance building at 1162 Hay Street, West Perth has been sold to Mair Property Funds in an off-market transaction conducted through Transact Capital Managing Director for Queensland and WA, Alex Gismondi.

Commo.