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Australian Capital Territory (ACT)Canberra

Politics

ACT government to release 15,600 sites for homes across the next four years

The ACT Government has announced the release of 15,600 new homes as part of its 2019/20 Budget.

National

The Economy

Sales activity falls in NSW and WA regions, says report

New research from CoreLogic shows Australia's regional centres are taking their lead from capital cities when it comes to sales activity.

Construction

Construction starts on Brisbane's newest riverwalk

Construction has begun on the "missing link" between New Farm and South Bank in Brisbane.

Queensland (Qld)Brisbane

Featured Property

Cottage conversion with industrial elements

Positioned in a central and secluded location, this elegant, newly renovated home showcases light-filled and low maintenance living. For sale by Josh Brown of Ray White New Farm.

New South Wales (NSW)Sydney

Design

Paddington provides new co-living setting

Australian co-living operator UKO has expanded its Sydney base within the last month through a new site in Paddington.

Design

Housing affordability improves while rental affordability declines: report

A new report has revealed that NSW has experienced the largest improvement in housing affordability for the March quarter.

New South Wales (NSW)Sydney

People

Richard Shalhoub returns to McGrath as company grows Sydney CBD footprint

McGrath has announced the acquisition of Sotheby's Sydney CBD in a settlement expected to be worth 1.6 million.

Victoria (Vic.)Melbourne Brighton

Featured Property

State of the art European style

This as new smart home enjoys sophisticated entertaining options, spacious accommodation, and premium features such as a fully appointed Gold Class home theatre. For sale by Stefan Whiting and Gary Yue of Buxton Brighton.

The Economy

RBA delivers

The RBA has broken its 30-month stalemate with a cut to the national cash rate in a move expected to provide further assistance to home buyers.

National

Construction

ArchiStar.ai survey offers property developer industry snapshot

Property intelligence platform ArchiStar.ai has identified the top three challenges for the property development industry based on market survey conducted last week.

Pages

News Roundup

http://www.afr.com/real-estate/residential/how-to-spot-a-property-whose-value-will-double-20160629-gpv1oz

How to spot a property that will double in value

Small differences, such as excellent natural light, often account for better-than-average capital growth.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/some-win-some-lose-in-australias-big-apartment-crunch/news-story/3fd3e83376428ee899a0d586d149666a

Some win, some lose in apartment crunch

Local investors and foreign buyers account for over 50% of new apartment purchases, so restrictions to finance and new taxes are going to hit the apartment market.

The Australian

http://www.domain.com.au/news/buyers-spending-millions-on-brisbanes-worst-houses-20160629-gptd93/

Buyers spending millions on Brisbane’s worst houses

A scarcity of houses in inner Brisbane has increased demand for decrepit homes in need of major restoration.

Domain

http://www.domain.com.au/news/one-in-10-apartments-sold-for-a-loss-in-march-quarter-report-20160628-gpu5i0/

One in 10 apartments sold for a loss in March quarter

One in 10 apartments in Australia sold for less than the owner paid for it during the March quarter, a report shows.

Domain

http://www.afr.com/news/politics/election/election-2016-questions-over-reliability-of-labors-tax-base-20160628-gptvi5

Questions over reliability of Labor's negative gearing numbers

Labor's budget forecasts have been undermined by revelations the impact of negative gearing and capital gains tax changes are uncertain enough to make revenue forecasts of low reliability.

The Australian Financial Review

http://www.afr.com/real-estate/commercial/investment/chinese-family-buys-faded-collins-street-gem-for-187m-20160628-gpten9

Chinese family buys faded Collins Street gem

Demand for trophy commercial properties in Melbourne from offshore buyers has not abated.

The Australian Financial Review

http://www.mortgagebusiness.com.au/breaking-news/9961-new-lending-platforms-here-to-stay-asic

New lending platforms here to stay: ASIC

Millennials may never require nor engage with a traditional bank.

Mortgage Business

http://www.domain.com.au/news/bondi-hoarders-auction-cancelled-yet-again-as-family-make-lastminute-payment-20160627-gpszp4/

Bondi hoarders’ auction cancelled - again

Residents paid their clean-up debts in a last-minute appearance at the Sheriff's Office, for the fourth time preventing the auction of their home.