Search Results for: Geoff Lucas
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FRANCHISE NEWS
The Agency Group opens property gallery in Perth’s Western Suburbs
The Agency Group has opened a property gallery that doubles as an art space in the 'Golden Triangle' of Perth's exclusive Western Suburbs. …
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NEWS
RBA goes ‘hard’ with interest rate jump
Higher than expected inflation has seen the Reserve Bank of Australia lift the cash rate for the second consecutive month, with today’s 50 basis point increase taking the official interest rate to 0.85 per cent. …
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INDUSTRY NEWS
Cash rate rises for first time in over a decade
After 17 months of record low interest rates, the Reserve Bank of Australia has today lifted the cash rate 25 basis points to 0.35 per cent while clearly indicating more rate rises are to come. …
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SUPPLIER NEWS
The Agency records 26 per cent growth in revenue
The Agency has reported improved financial and operational results for the March quarter, with its total revenue up 26 per cent on the same quarter in the 2021 financial year. …
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LEADERSHIP
Geoff Lucas: How to create a hub your team will love
At The Agency, we do things differently, and one of the core ways we symbolise this, both physically and metaphorically, is with our hubs. …
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INDUSTRY NEWS
The real estate issues the new Federal Government must tackle
The rental crisis, housing affordability and supply will be among the hot topics in the real estate sector leading up to the Federal Election on May 21. …
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INDUSTRY NEWS
Interest rates on hold but experts tip a rise is coming
The Reserve Bank of Australia has again opted to keep interest rates on hold at 0.1 per cent as they eye the likelihood of increased inflation over the coming months. …
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FEATURE INTERVIEWS
Lee Dowdall: All for Harper
The year was 2020, and Lee Dowdall was at a crossroads in life. In October the year before, he and wife Helena had tragically lost their daughter Harper to a severe and aggressive brain cancer. …
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NEWS
Interest rates on hold as world watches war in Ukraine
The Reserve Bank of Australia is closely watching the war in Ukraine and has elected to keep interest rates on hold for now at 0.1 per cent. …
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FRANCHISE NEWS
Rise in listings likely to slow price growth
The surge in new properties listed for sale is likely to continue until May, putting downward pressure on price growth according to a leading agency. …
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FRANCHISE NEWS
Leading Sunshine Coast agent Dan Smith joins The Agency
Prominent Sunshine Coast agent Dan Smith has joined The Agency, backed by decades of real estate experience in the Brisbane and Sunshine Coast real estate markets. …
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NEWS
Inflation came sooner than expected, but RBA keeps rates on hold
Inflation has picked up faster than the Reserve Bank of Australia expected, but the board still elected to keep interest rates on hold at a historic low of 0.1 per cent today. At the bank’s first meeting of the year, the board did elect to stop further bond buying, with its final purchases to be made on 10 February. In his Monetary Policy Decision statement, …
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FRANCHISE NEWS
The Agency records robust financial results
The Agency has revealed improved financial and operational results for the first half of the 2021-22 financial year as it continues to grow across five states and territories. …
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APPOINTMENTS
Luke Evans joins The Agency
The Agency welcomes experienced performance and sales coach Luke Evans to the team as General Manager of Sales, NSW and ACT. …
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FRANCHISE NEWS
Toby Sandell and team bring The Agency to Toowoomba
The Agency today announced the continued expansion of its national footprint with its launch into Queensland’s regional city of Toowoomba, helmed by leading and well-respected sales agent Toby Sandell. …
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FRANCHISE NEWS
The Agency launches in the nation’s capital city
The Agency continues to grow its national presence with the establishment of a high-performing team in Canberra. …
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NEWS
With a focus on growth, The Agency announces the appointment of Geoff Lucas to the role of Managing Director and CEO
The Agency announced via the ASX that Geoff Lucas will take the role of Managing Director and CEO effective 28 January 2022. Mr Lucas has held the position of Group CEO of The Agency since March this year. The move comes from a company board desire to have a Managing Director based on the eastern seaboard. The Agency Chairman, Andrew Jensen, …
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NEWS
Real estate roundup: the year that was
The Australian real estate market experienced a record year in 2021, with tight supply and strong demand leading to soaring prices. Agents, vendors and buyers innovated through COVID-19 restrictions, including lengthy lockdowns in Melbourne and Sydney. There were numerous mergers, acquisitions and buyouts, along with notable appointments and some surprising departures. Once again, AREC thrilled and inspired, while the AREAs awarded and rewarded the best in the industry. …
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INDUSTRY NEWS
RBA keeps cash rate on hold with Omicron a new source of uncertainty
At its final meeting for 2021, the Reserve Bank of Australia has opted to keep the official cash rate at its historic low of 0.1 per cent, with a new Covid variant causing some market uncertainty. In his monthly statement today, RBA Governor Dr Philip Lowe said the Australian economy was recovering well from the setback the Delta outbreak caused, and while the emergence of the Omicron variant was unsettling, …
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FRANCHISE NEWS
Fortis appoints The Agency as lead agent on Pillar+Tide
Fortis has appointed The Agency as lead agent for Pillar+Tide, a boutique luxury development in Brighton, with project sales led by Michael Paproth. The appointment marks the first project between The Agency and Fortis in Brighton. …
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LEADERSHIP
Geoff Lucas: The office isn’t dead, it has just been reimagined
There’s no doubt that the COVID-19 pandemic has brought with it great hardship and many hurdles, but it has also delivered some unexpected gifts. …
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LEADERSHIP
Why you won’t always get the big decisions right: Geoff Lucas
No matter the industry, leadership is about making some tough decisions. The Agency's Geoff Lucas explains why those decisions don't always have to be right. …
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INDUSTRY NEWS
RBA keeps cash rate on hold but rise likely in 2023
Despite a rise in inflation, the Reserve Bank of Australia has again opted to keep the official cash rate on hold at 0.1 per cent, issuing an optimistic forecast for the economy over the coming months. …
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FRANCHISE NEWS
North Shore native Nick Separovich joins The Agency
The Agency has further cemented its position in Sydney’s prestigious North Shore with the addition of highly experienced and skilled agent Nick Separovich to the team. …
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NEWS
APRA steps in to curb mortgage debt with increased interest rate buffer
The Australian Prudential Regulatory Authority (APRA) has stepped in to curb household mortgage debt, announcing stricter lending conditions. …
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INDUSTRY NEWS
Industry leaders analyse what RBA decision means for real estate market
The Reserve Bank of Australia (RBA) has maintained its record low cash rate at 0.1 per cent, with real estate industry leaders predicting Australia’s hot housing market will start to even out a little in the coming months. …
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NEWS
Industry icon Tony Abboud and his team join The Agency
The Agency has welcomed the news renowned Sydney agent Tony Abboud and his team are set to join the growing brand. With 41 years experience in the industry as a successful business owner, property consultant, trainer and mentor, Mr Abboud is considered a true industry legend, The Agency explained. Mr Abboud’s Snowden Parkes brand has been a dominant force in the North West corridor of Sydney over the last 20 years, …
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The Elevate Podcast
Fearless and focussed leadership: Geoff Lucas
As the newly-appointed head of The Agency, Geoff Lucas brings a proven track record of business growth and an eye for opportunity to his role as CEO. …
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APPOINTMENTS
Lee Dowdall joins The Agency in Hunters Hill
The Agency is continuing to grow its footprint across Sydney, with the group announcing Lee Dowdall will spearhead its expansion into Hunters Hill. …
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NEWS
James Navin joins The Agency Central Coast
The high level of market activity on the NSW Central Coast market is attracting significant talent to the area, including experienced former local agent James Navin. …
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NEWS
The Agency and Hawthorn Football Club join forces
The Agency is continuing to kick goals, with AFL team Hawthorn entering a commercial partnership with the company. …
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NEWS
The Agency reports solid growth and GCI for March quarter
The Agency has released its operational and financial results for the March quarter, reporting solid growth in the first three months of 2021. …
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NEWS
The Agency announces appointment of Geoff Lucas as Group CEO
The Agency has just announced the appointment of Geoff Lucas as Group CEO, with the highly experienced industry executive set to start the new role March 29. …
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NEWS
McGrath appoint new CEO after Geoff Lucas resigns
Geoff Lucas has stepped down from the role of Chief Executive Officer at McGrath Limited. Mr Lucas’ resignation was announced on the same day the company released their FY2020 financial results. “The Board had accepted Mr Lucas’ resignation and paid tribute to his service to the company during what has been a difficult two and a half years for the company,” McGrath Chair, …
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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 growth in this area for the company. …
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