The Real Estate Conversation

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Hobart property market has "changed forever": Jim Playsted, Knight Frank

Hobart property prices were the fastest growing in the country in the year to 30 September, rising 14.3 per cent, according to CoreLogic.

Western Australia (WA)Perth

The Economy

Should you buy or rent? REIWA and Curtin Uni launch 'Buy-Rent Index'

The Buy-Rent Index can help to identify the annual house price growth rate required for home ownership to be more financially advantageous than renting.

National

Interiors

Australia's best rooms: House & Garden

The people's choice competition is open now with winners receiving a prize valued at $3,000.

South Australia (SA)Adelaide

Featured Property

Glamorous 1915-built villa with return-verandahs, Royston Park, Adelaide

Sally Cameron of Toop & Toop Hyde Park Goodwood told SCHWARTZWILLIAMS, "This property is the ultimate for families and an entertainer's paradise."

National

The Economy

Mortgage stress climbing, affluent borrowers most at risk

More than one quarter of Australian households are experiencing mortgage stress, according to new research by Digital Finance Analytics.

National

People

Esti Cogger receives Crystal Vision award for women in construction

The National Association of Women in Construction has awarded Jones Lang Lasalle's Esti Cogger its top prize, the Crystal Vision Award.

People

Brisbane's Plough Inn South Bank pub sold for over $13 million

The iconic Plough Inn hotel sold in Brisbane’s premier South Bank tourist precinct in a deal brokered by Brent McCarthy and Joseph Ganim of Savills Hotels. Eumundi Group Limited required approval from the Minister and South Bank Corporation to purchase the 96-year lease.

Queensland (Qld)Brisbane

Featured Property

1920s Queenslander in New Farm pocket by Belle

The courtyard is simply breathtaking; the architect, James Forbes, sums it up perfectly. "This courtyard links the home's past with the here and now. The warmth, simplicity and intimate scale of the space make it a gathering space." The home at 71 Moreton St New Farm for sale by Ivo Kornel of Belle Property New Farm.

The Economy

Sydney a 'contender' for 'Established World City' title: JLL

Sydney's quality of life and the transparency of its real estate market are among the factors making it a top global city, according to a new report from JLL.

Northern Territory (NT)Darwin

People

Get to know Adam McCann, top salesperson number of sales, Raine & Horne Darwin

Adam McCann, sales agent with Raine & Horne Darwin, has such a good reputation in the industry he has been headhunted for his last three roles.

Pages

News Roundup

http://www.theaustralian.com.au/national-affairs/budget-2015/budget-2015-are-you-a-lost-liberal-then-this-ones-for-you/story-fntfa2d0-1227352659813

Are you a lost Liberal? Then this one’s for you

Working parents, tradies, small business people, self-funded retirees, landlords and farmers are all winners out of last night’s budget. Tax-dodging multi-nationals, backpackers and foreign investors are all slugged by the taxman.

The Australian

http://www.afr.com/news/policy/budget/federal-budget--2015-hockey-banks-on-a-spectacular-return-to-growth-20150512-ggvoai

Hockey banks on a spectacular return to growth

Joe Hockey's second budget is built on a risky forecast that Australia will roar through an unprecedented three decades of continuous economic growth, raising questions about why the government has opted to slow the pace of budget repair.

The Australian Financial Review

http://www.smh.com.au/business/federal-budget/federal-budget-2015-how-do-i-claim-this-20000-tax-break-20150512-1mzgpb.html

How do I claim this $20,000 tax break?

Businesses can buy any machinery or equipment related to their business if each item is valued at less than $20,000. You can claim the full amount from your income to reduce your tax bill. There is no limit on the number of items a business can claim.

Sydney Morning Herald

http://www.couriermail.com.au/realestate/news/live-like-steph-rice-in-her-own-home-for-just-over-1k-a-week/story-fnihpu6h-1227352154495?from=public_rss

Live like Steph Rice – in her own home – for just over $1K a week

Olympic gold medallist Stephanie Rice has put her Brisbane home on the rental market, but has a very clear idea of who she does not want to live there – pets.

Courier Mail

http://www.inman.com/2015/05/12/should-real-estate-agents-drive-fancy-cars/

Should real estate agents drive fancy cars?

Real estate agents put in a lot of miles on the road, and the car they emerge from to shake hands with new prospects or use to ferry buyers from listing to listing may influence how they are perceived by potential clients.

Inman

http://www.news.com.au/finance/real-estate/real-estate-expert-andrew-winter-says-before-buying-or-selling-find-out-what-stage-of-the-cycle-your-market-is-at/story-fncq3era-1227350208366

Before buying or selling find out what stage of the cycle your market is at

So, whichever category your property market is in right now (booming, improving or I’ll call it dooming) we all need to be aware that the property cycle is a never-ending spinning wheel that believe it or not hits the top and bottom at the same time, just in different places.

The Daily Telegraph

http://www.nydailynews.com/life-style/real-estate/mexican-billionaire-carlos-slim-80m-mansion-article-1.2211586

Mexican billionaire Carlos Slim wants $80M for his massive Manhattan townhouse

Carlos Slim, formerly the world's richest man, wants $80 million for the Manhattan mansion, at at 1009 Fifth Ave., which he bought for just $44 million five years ago.

New York Daily News

http://www.marketwatch.com/story/tpg-backed-dtz-to-acquire-cushman-wakefield-2015-05-11-04851145

$2 billion sale of Cushman & Wakefield

DTZ, a rapidly growing commercial-real-estate-services firm backed by private-equity giant TPG, has cut a deal to buy Cushman & Wakefield Inc. for $2 billion. The deal will alter the global commercial-real-estate-services landscape by creating a clear challenger to the two firms that have been dominating the business until now, CBRE Group Inc. and JLL. Numerous firms had been vying for the No. 3 spot but none have come close to CBRE with $9 billion in 2014 revenue and JLL with $5.4 billion.

MarketWatch