Search Results for: COVID-19
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EPM: Best Practice & Legislation
The COVID-19 lessons we can all learn from
It’s hard to believe that we are entering our third year under the ever-looming shadow of COVID-19.
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INDUSTRY NEWS
How COVID-19 changed the way Victorians work, live, and play
Times have well and truly changed, and as a result, so have the wants and needs of Australians – including how and where they want to live. The pandemic has changed our collective priorities, and that’s reflected in PwC’s latest CityPulse 2021, which examines the liveability of Victorian suburbs. PwC Australia Melbourne Managing Partner Peter Konidaris said CityPulse 2021 unearthed…
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INDUSTRY NEWS
COVID-19 drives ‘regional renaissance’ as house prices surge
The regional property market continues to skyrocket, with house prices jumping almost 30 per cent in the year to September, the fastest annual pace in 35 years. The rapid rise in the regional market is outpacing growth in metro areas, as the ripple effect of COVID-19 sees homeowners flee the city, thanks to increasing work-from-home arrangements. The findings were revealed…
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CONTRIBUTORS
Why online offer management is the way forward post COVID-19
Does online offer management have a place in real estate beyond COVID? Market Buy's John Hallaby believes it does for a host of different reasons.
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BTW
Unity is key to fighting COVID-19 as the property industry takes another hit
Since the onset of the COVID-19 pandemic, the Australian real estate industry has been in the headlines for record property prices but we too have had to run our own unique course. In March 2020, our workforce of Australian property managers was handed a government policy to implement: rental eviction moratoriums. Property managers in every single jurisdiction did the heavy…
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NEWS
How the COVID-19 pandemic will change the Australian housing landscape long-term
A drop in investor appetite for high-rise apartments and a push towards lifestyle-centric housing are just some of the trends the COVID-19 pandemic has accelerated, according to property experts. Many of these trends were already underway in the Australian economy, but the spread of COVID-19 created an economic bubble for many industries, which will likely hold strong for years to…
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CONTRIBUTORS
COVID-19: Keeping up with changes to investment property insurance
Last year was a bumpy ride for the property industry and the rollercoaster is continuing. Landlords and agents have had to keep on top of the evolving market and adapt to the changes. EBM RentCover managing director Sharon Fox-Slater says many of these changes impact on insurance cover too. When the year started, most of us were hoping the disruption…
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INDUSTRY NEWS
Property Council welcomes projected pathway out of COVID-19
The Property Council of Australia has welcomed National Cabinet's agreement of a four-phase pathway out of the pandemic based on vaccination thresholds being met and other key settings.
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Insights
New Intergenerational Report indicates COVID-19 will have lasting impact on the economy
The Australian Government's Intergenerational Report was released on Monday, with the Property Council of Australia describing it as a ‘wake-up call’.
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NEWS
Mining and remote work drive the COVID-19 regional shift
An in-depth report from realestate.com.au paints a compelling picture of a mass exodus from cities.
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NEWS
A fifth of Aussies in a better position to buy a house thanks to COVID-19
A fifth of Aussies in a better position to buy a house thanks to COVID-19 New research has revealed around half of Australians are planning home ownership within the next year, but what they are looking for in a new home is shifting as a result of COVID-19. “The CUA…
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NEWS
Survey highlights rental uncertainty during COVID-19
A new survey from Flatmates.com.au with more than 12,000 respondents highlights the uncertainty felt by renters during the pandemic.
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Elite Agent
NSW Fair Trading issues clarification on mandatory COVID-19 Safety Plans
We have republished their article below, with the clarifications made by Fair Trading in bold.
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NEWS
Common COVID-19 cleaning mistakes in the workplace
Lisa Macqueen reveals the eight common health and safety mistakes that workplaces are making on their premises
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Elite Agent
COVID-19 Safety Plans now mandatory for NSW open homes and auctions
COVID-19 Safety Plans are now mandatory for open homes and auctions.
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Elite Agent
Why COVID-19 might not change our cities as much as we expect
What will be the normal way of urban living when the COVID-19 crisis passes? What aspects will remain with us and what will disappear? The coronavirus pandemic has thrust us into a moment of rapid change. Like all change, it is difficult to predict. But lessons from history provide us with two important insights. First, temporary change sometimes has remarkably…
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NEWS
Sydney vacancy rates down for first time since COVID-19 hit
It might be too early to say for sure, but the REINSW Vacancy Rate Survey results for August 2020 suggest that the worst may be over. Vacancies across Sydney overall decreased for the first time in August, after five consecutive months of increases, and now sit at 3.7 per cent – a drop of 1.3 per cent from July. Similarly,…
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NEWS
Rental dispute system cracking under COVID-19 stress
The Real Estate Institute of Victoria is concerned the process for dealing with residential tenancy disputes is cracking under the weight of COVID-19. With less than one month to go in the original six-month moratorium announced by the Andrews’ government, there is a backlog of 4000 rental cases at the Victorian Civil and Administrative Tribunal (VCAT) and nearly a thousand…
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NEWS
BREAKING: This weekend’s Gold Coast auctions to be restricted due to COVID-19
Queensland Premier Annastacia Palaszczuk has placed tighter restrictions on gatherings in Gold Coast homes from 8am, on Saturday, 29 August. “Coming into effect from 8:00am Saturday, we are going to extend those limits of people inside your homes to 10 people, and those gatherings outside to 10,” Ms Palaszczuk said. “I think everyone would agree, we acted very swiftly when…
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Elite Agent
Shorter meetings but longer days – how COVID-19 has changed the way we work
One of the many things COVID-19 has had a dramatic impact on is the way many of us work. Those fortunate enough to be able to work from home have been able to adapt to this new reality – and it certainly has been “new”. Perhaps the biggest question for both employers and employees is whether working from home has…
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INDUSTRY NEWS
Unused buildings will make good housing in the world of COVID-19
We are entering an era of profound change in how we work, learn, socialise and live with COVID-19. Many people will adjust to this new world order and work remotely at home if they don’t have to attend an office or other workplace. This, in turn, will create an opportunity to adapt unused buildings, which were needed for the previous…
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Elite Agent
REIQ survey finds only 6% of renters qualified as “COVID-19 impacted”
A recent survey conducted by REIQ shows how Queensland propety managers have gone above and beyond when it comes to rent negotiations, often acting outside the Residential Tenancies and Rooming Accommodation (COVID-19 Emergency Response) Regulation 2020. A survey of over 1200 REIQ property management agencies revealed that only 6.05 per cent of rental tenants in the residential sphere qualified as…
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NEWS
Why COVID-19 might not change our cities as much as we expect
The coronavirus pandemic has thrust us into a moment of rapid change. Like all change, it is difficult to predict. But lessons from history provide us with two important insights. First, temporary change sometimes has remarkably little lasting effect. Second, what looks like a lasting effect is often the acceleration of existing trends, rather than new, crisis-caused trends. COVID-19 impacts…
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Elite Agent
New homes under construction dipped well before COVID-19
New research from HIA shows that the low numbers of new houses under construction was a major issue well before the fiscal and physical pressures associated with COVID-19. At the end of March, as the first restrictions started to come into play, there were around 188,000 new homes under construction. This was the lowest number since 2015. While the figures…
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NEWS
COVID-19 impacts Queenstown, while NZ market activity returns to normal
Today's QV House Price Index (HPI) figures from CoreLogic have shown that COVID-19 has impacted property values to a mild degree, although nowhere near rates shown in Australia.Nationwide property values dropped 0.2%, with four of the six maincentres showing declines. Interestingly, Tauranga and Christchurch increased at the same rate as the national drop, rising 0.2%.…
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NEWS
Rental markets near universities are suffering due to COVID-19
Australian universities are financially reliant on full-fee paying international students. COVID-19 has crippled many industries, but the university sector has been amongst the hardest hit, with Universities Australia predicting losses of $16 billion across our tertiary institutions over the next three years – a dire scenario. The knock-on effects for the rental markets near these campus has already been seen,…
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NEWS
Real estate goes online in Covid-19 hotspots
The Victorian Government on Tuesday announced that in light of rising cases of Coronavirus, ten postcodes with the highest amount of incidents would return to Stage 3 restrictions. REIV President Leah Calnan said real estate business will adapt their processes by reverting to inspections by appointment and online auctions in Melbourne’s ten COVID-19 hotspots. “Any return of restrictions is frustrating…
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Elite Agent
How COVID-19 changed business practices
The pandemic literally changed the world. It certainly changed the way we conduct business of all kind. The real estate industry has learnt a lot of lessons from March through to the end of June, and continues to learn. These lessons learned from how we have been forced to adapt have a great many positives. My observation of the main…
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Elite Agent
Nine steps for keeping your office safe in COVID-19
From implementing extra cleaning of frequently touched surfaces to including your shared company cars in regular cleans, there are a lot of extra safety standards you need to consider as your team settles back in at the office. National anti-viral sanitisation company Cleancorp has been inundated with inquiries since the beginning of the pandemic, and company Director Lisa Macqueen said…
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GUEST INTERVIEWS
Coming out the other side of COVID-19 with Adrian Kelly
COVID-19 infection rates have drastically dropped around the country but that doesn’t mean the real estate industry can breathe a sigh of relief. In fact, some of the challenges are just beginning, REIA president Adrian Kelly believes. In this episode of the Elevate podcast, Adrian expresses concern that sales volumes are down between 20 and 40 per cent, and could…
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Elite Agent
McGrath’s new focus on project marketing post Covid-19
McGrath has announced it will bolster its project marketing division, McGrath Projects, after securing highly respected industry specialists, Colin Griffin and Murray Wood, who will join as Associate Directors. Announcing the appointments, McGrath CEO Geoff Lucas said he believed the time was right to focus on the re-emergence of the off-plan development sector post COVID-19 and saw excellent opportunities for…
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Elite Agent
New home building to suffer in wake of COVID-19
New home building is forecast to fall by almost 50 per cent, putting half a million jobs at risk over the next year. According to HIA, the industry engaged more than one million people to commence building almost 200,000 new homes in 2018/19. But Managing Director Graham Wolfe said next year they expect to start just 112,000 new homes leaving…
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GUEST INTERVIEWS
Maintaining a leadership mindset in the midst of COVID-19 with Michael Sheargold and John Cunningham
The real estate landscape in the era of COVID-19 changed rapidly as sales agents, property managers, buyers, sellers and tenants all had to find new ways of getting the job done. In March, Elite Agent ran a series of webinars to help agents navigate these changing times and in this episode of Elevate, Cunninghams Managing Director John Cunningham and performance coach and…
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