Moves afoot to ban NSW real estate agents, developers from local councils
Many residents of NSW are surprised to find that real estate agents and property developers are still allowed on local councils, says NSW shadow minister for local government, Peter Primrose.
The REINSW says policies being considered by the NSW government to improve housing affordability for first homebuyers is a step in the right direction.
Denita Wawn, CEO of Master Builders Australia, says the senate's passing of the tax cut bill is good news for small builders, but she is calling on the government to lower taxes for larger businesses too.
Foreign buyers account for 11% of all NSW home sales
Between July and September 2016, foreign nationals accounted for 11 per cent of all NSW residential property sales, compared with first-home buyers who accounted for only 7.51 per cent.
With Melbourne's population expected to grow by 100,000 new residents every year, the changes allow for greater density in the city's middle-ring suburbs, says Joseph Walton of the REIV.
REIA launches new course for agents wishing to provide financial information
The REIA has teamed up with the Institute of Public Accountants to launch a new training course for real estate agents who wish to provide financial information about property investment.
