The Real Estate Conversation

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Elephant in the room: Landlord insurance

REIA's Adrian Kelly gives advice on what residential property investors should do when dealing with their landlord insurance.

National

The Economy

What will auctions look like post-coronavirus?

Auctioneer Justin Nickerson of Apollo Auctions has a peek at the future of auctions post-Coronavirus.

Victoria (Vic.)

Politics

Changes to Victorian Residential Tenancy Act on hold

REIV President Leah Calnan has welcomed the Victorian Government’s decision to hold off on introducing changes to rental laws

New South Wales (NSW)

Politics

How much is the Bank’s generosity costing you?

REINSW CEO Tim McKibbin questions who really is footing the bill when it comes to banks, landlords and tenants.

Victoria (Vic.)Melbourne

People

Kay and Burton welcomes Oliver Booth to their South Yarra team

One of Melbourne’s most successful real estate agents, Oliver Booth joins Kay & Burton South Yarra

National

The Economy

Valuer General releases study on impact of bushfires on land value

The latest report on the impact of recent bushfire events on land values has been released by the NSW Valuer General, Dr David Parker.

National

The Economy

Private treaty and pre-auction sales prove popular during Coronavirus restrictions

Real estate agents have adapted to doing business under the Coronavirus restrictions resulting in significant properties sold, according to Ray White and McGrath agents.

National

The Economy

John McGrath – First home buying during Covid-19

John McGrath, founder of McGrath Estate Agents encourages first home buyers to continue their property search.

Western Australia (WA)

Politics

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

Pages

News Roundup

http://www.afr.com/real-estate/commercial/taylor-dow-property-offers-huge-commissions-for-selling-property-20170222-guiwms

Taylor Dow Property offers huge commissions for selling property

Commission payments of up to15%, free tickets to Adele concerts, and luxury holidays to Greece are on offer to mortgage brokers and financial advisers to sell property or consider mortgage products.

The Australian Financial Review

http://www.afr.com/news/economy/rbas-philip-lowe-warns-of-sobering-combination-of-high-debt-weak-wages-20170221-gui9c2

Philip Lowe warns of 'sobering combination' of high debt, weak wages

The RBA governor has conceded that record-levels of household debt and slow wages growth could drag on spending.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/avjennings-blasts-infrastructure-delay/news-story/41b41c9b608dcfd64ef91a5e7dd4fb33

AVJennings blasts infrastructure delay

Infrastructure in outer suburban areas is lagging despite “significant” taxes paid by property developers to address this, says the head of AV Jennings, exacerbating efforts to improve housing affordability.

The Australian

https://www.domain.com.au/news/what-sydneys-median-house-price-will-get-you-in-the-us-20170131-gu28hx/

What Sydney’s median house price will get you in 10 US cities

For buyers locked out of the property market, the grass may be greener in the United States.

Domain

http://www.smh.com.au/nsw/powerhouse-museum-could-cost-almost-2-billion-to-move-20-kilometres-to-parramatta-20170220-guh3fh.html

Powerhouse Museum could cost $2bn to move 20km to Parramatta

The cost of moving the Powerhouse Museum to Parramatta could blow out to almost $2bn, ten times the estimated sale price of its Ultimo site.

The Sydney Morning Herald

https://www.domain.com.au/news/highly-paid-jobs-needed-to-buy-a-house-in-michael-sukkars-electorate-20170220-guhgvn/

‘Highly paid jobs’ needed to buy houses in Michael Sukkar’s electorate

The man assigned to solve Australia’s housing affordability says you need a “highly paid job” to get a foot on the property ladder.

Domain

http://www.smh.com.au/money/a-manifesto-for-generation-rent-20170220-gugyts.html

A manifesto for Generation Rent

Renters need to be part of the conversation about housing affordability.

The Sydney Morning Herald

http://www.afr.com/real-estate/singapores-home-curbs-may-stay-for-some-time-minister-says-20170221-guhxm2

Singapore's home curbs may stay for some time

Singapore home prices fell 3 per cent in 2016, with prices falling for for the 13th straight quarter in December, making the longest streak since data was first published in 1975.

The Australian Financial Review