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Budget 2024: Positive news for interest rates if Chalmers inflation forecasts are right - REIA

The Real Estate Institute of Australia (REIA) has congratulated Treasurer Jim Chalmers on handing down Budget 2024 and has labelled it a strong budget if inflation forecasts hold.

National

The Economy

Budget 2024: REIA statement on ‘Homes for Australians’

The Real Estate Institute of Australia (REIA) has welcomed a focus on housing in Federal Budget 2024 with the ‘Homes for Australians’ plan but says it needs to be considered in the context of the entire Budget and the commitment to delivery by all three levels of Government, says REIA President Ms Leanne Pilkington.

National

The Economy

John McGrath – Why every property needs a price guide

Throughout my 40 years in real estate, I have always advocated the use of price guides in property marketing campaigns. Price guides answer the first question that every prospective buyer has on a property of interest to them, says John McGrath, Chief Executive Officer of McGrath Estate Agents.

International National Tasmania (Tas.)Hobart

People

AUSTROS 2024 set to be accessible for the Deaf and Hard of hearing community

With just under a week to go until the commencement of the highly anticipated AUSTROS 2024, 13 leading property auctioneers from across Australasia are gearing up for an exhilarating showcase of their talents with the event hosted by the Real Estate Institute of Tasmania (REIT).

Queensland (Qld)Brisbane

People

Bailey Sims Joins Plum Partners: A Rising Star in Real Estate

Bailey Sims' has successfully launched his own real estate business - Pine Property Partners in collaboration with Plum Partners.

Victoria (Vic.)Melbourne

People

REIV appoints Kelly Ryan as Chief Executive Officer

The Real Estate Institute of Victoria (REIV) announced the appointment of Kelly Ryan as its new Chief Executive Officer, effective 29 May 2024.

Western Australia (WA)Perth

People

Renowned industry professional Deanne Arrigo joins Realmark Coastal to drive growth

Leading Perth agency Realmark Coastal has announced it has added renowned real estate industry professional Deanne Arrigo to its top performing team.

National

The Economy

Angus Raine calls on Government to tackle Australia's housing affordability crisis head-on

With the 2024 Federal Budget set to be revealed on 14 May, Angus Raine, Executive Chairman of Raine & Horne, is urging the Albanese Government to reassess annual caps on non-concessional superannuation contributions and balance transfer caps.

Queensland (Qld)Brisbane

Featured Property

Renovated Hawthorne Queenslander for sale - Place

88 Coventry Street Hawthorne for sale by Sarah Hackett and Lauren Marmotta of Place New Farm delivers indoor swimming pool, city views and prestigious address.

Western Australia (WA)Perth

People

Building a career with an industry switch into Real Estate

Nathan Whennen, a residential sales consultant with Realmark Urban, moved from the building industry and said he’ll never look back.

Pages

News Roundup

https://www.thebusinessconversation.com.au/news/2020/04/17/market-survey-now-time-buy-or-sell-business/1587105214

Market survey: Is now the time to buy or sell a business?

“Due to the rise in unemployment, we expect the segment of buyers looking for ‘job type’ businesses to increase.”

The Business Conversation

https://www.thehotelconversation.com.au/2020/04/19/seaview-hotel-strand-townsville-8-million-redevelopment-underway/1587275424

Seaview Hotel, The Strand Townsville $8 million redevelopment underway

Townsville's Seaview Hotel redevelopment is due for completion in April 2021 by Irvin Hotel Group and Darren Dickfos Architects.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/04/16/how-employers-can-get-ready-governments-jobkeeper-payments/1586999809

How employers can get ready for the Government's JobKeeper payments

Employers should take steps now to be eligible for the first round of JobKeeper Payments, which will be paid from the first week of May 2020.

The Business Conversation

https://www.commo.com.au/news/2020/04/16/fortitude-valley-office-tower-sold-and-settled-94-million/1587004862

Fortitude Valley office tower sold and settled for $94 million

An 11-storey office building in Brisbane's Fortitude Valley has been sold for $94 million through Cushman and Wakefield's Peter Court and Mike Walsh.

Commo

https://www.theindustrialist.com.au/news/2020/04/16/outer-brisbane-industrial-warehouse-leased-ten-year-deal/1587011393

Outer Brisbane industrial warehouse leased on ten-year deal

Emerald Carrying has leased an industrial warehouse at 72 Trade Street, Lytton QLD from Sword Property Investments in a deal negotiated by Shaw Harrison Savills.

The Industrialist

https://www.thehotelconversation.com.au/news/2020/04/15/nsw-inching-closer-proper-regulation-short-term-accommodation/1586934174

NSW 'inching closer' to proper regulation of short-term accommodation

Tourism Accommodation Australia says NSW is inching closer to a properly regulated short-term accommodation sector which would help “level the playing field” for the struggling hotel industry.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2020/04/15/ovolo-goes-interactive-virtual-easter-egg-hunt/1586913383

Ovolo goes interactive with virtual Easter egg hunt

Ovolo has teamed up with digital agency Dijitally to offer its guests an Easter egg hunt of a different kind.

The Hotel Conversation

https://www.thebusinessconversation.com.au/property/1-coolibah-street-billabong-boulevard-birdsville-4482/sale-birdsville-bakery-queensland

Sale of Birdsville Bakery in Queensland ushers in new era for popular attraction

Sold by Nick Lower and Gregory Woods of Savills Australia and Daniel Walley and Nick Charlwood of PwC.

The Business Conversation