Search Results for: Matt Kean
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NEWS
NSW Government announces offer for first home buyers to swap stamp duty for ongoing land tax
From January 2023, eligible first home-buyers in NSW will be able to choose between annual land tax and the upfront stamp duty. The scheme, called First Home Buyer Choice, includes an online calculator that will help buyers compare their options. For properties with a purchase price of between $650,000 and $1.5 million, buyers will have the choice of a smaller…
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NEWS
NSW Budget helps certain sectors of the property market
The NSW Government’s stamp duty reform, shared equity scheme and housing infrastructure boost are all positive starts but don’t stretch far enough to make a meaningful, long-term impact on the property market, according to industry experts.
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INDUSTRY NEWS
NSW Government announces trial shared equity housing scheme ahead of Budget
Teachers, nurses, police, single parents and older singles will be able to tap into a $780.4 million shared equity scheme to buy a home under a new NSW Government trial.
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NEWS
NSW Government pledges $20 million to increase women in construction
The NSW Government has announced an investment of $20 million over the next three years to help increase the number of women working in construction-related roles.
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Elite Agent
Andrew Cocks: Challenging time to be in government
Thomas Jefferson is quoted as saying, “The government you elect is the government you deserve”.
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NEWS
New building codes developed to ensure NSW structural designs
It isn’t hard to forget the dual evacuations of the Opal Tower residents in Sydney Olympic Park in late December 2018. Today the Minister for Innovation and Better Regulation Matt Kean announced a new set of reforms which will be brought into action. The reforms which were announced on Sunday, include the appointment of a Building Commissioner who will become the…
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INDUSTRY NEWS
Tenants to benefit from Better Business Reforms
The NSW Government says tenants and small business owners across the state will benefit from a $41 million savings boost after the final part of the NSW Coalition’s Better Business Reforms passed Parliament. “My Better Business Reforms are cutting red tape and putting more savings back into the pockets of hard-working small business owners around NSW,” said Minister for Better…
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INDUSTRY NEWS
“Legislative and regulatory disaster”: REINSW hits out at NSW Fair Trading
With a public letter of resignation, the Real Estate Institute of New South Wales has resigned from the Real Estate Reference Group and their position of providing real estate consultancy services to NSW Fair Trading. “Throughout the term of RERG, NSW Fair Trading has exhibited a demonstrable obedience to misguided philosophical views which have impeded, or entirely restrained, many beneficial…
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Elite Agent
NSW rental laws set for biggest reform in two decades
For the first time in more than two decades, NSW rental laws are set for a massive shakeup. Major changes include limitations on rental increases and set fees for breaking a fixed-term lease. The reforms also look to bring in no penalties for domestic violence victims who break a lease. Other changes include minimum standards being introduced around access to…
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INDUSTRY NEWS
Airbnb crackdown: NSW government introduces 180-day cap on listings
The NSW government has announced a cap of 180 days per calendar year on empty properties rented out using Airbnb in Sydney. The ruling also allows strata corporations the power to ban Airbnb in their building if 75 per cent of owners are agreed. The decision comes after a drawn out debate over the policing of short-term letting, which is…
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INDUSTRY NEWS
Global Consumer Group Launches Push for New South Wales Government to Ban Rent-Bidding Apps
SumOfUs, an international consumer group with more than 170,000 members in Australia has called on the New South Wales Government to ban the spread of “pernicious and mercenary” new rent-bidding apps. They say the apps – US-based Rentberry and local apps Property Connect and RentWolf – will push up rental prices by forcing applicants into rent-bidding wars. Victorian Premier Daniel…
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NEWS
Debate pending for NSW real estate industry reforms
Long-awaited NSW real estate industry reforms are set to be debated in parliament in the coming days following the release of proposed amendments to the Property, Stock and Business Agents Act in November 2017. The bill includes changes to real estate and property laws affecting training, educational and licensing requirements in a bid to raise professional and training standards for…
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INDUSTRY NEWS
Home buyers to be better protected by Australian-first defect bond scheme
Home buyers will be better protected thanks to an Australian first defect bond scheme, Minister for Better Regulation Matt Kean said. The Strata Building Bond and Inspections Scheme (the Scheme), the first of its kind in Australia, provides a structured process to rectify defects early in the building lifecycle. Mr Kean said the new Scheme follows extensive industry consultation, and…
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NEWS
Di Jones makes historic Beecroft Post Office their new home
The historic Beecroft Post Office has been given a new lease on life, with Di Jones Real Estate set to open the doors to its new home on Saturday, 2 December 2017. Di Jones CEO Rob Ward said the BPO has always been a meeting place for the local community and the team at Di Jones want this to continue. “The…
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Elite Agent
Ray White optimistic about year ahead after successful 2019
Ray White is optimistic about the real estate business heading into 2020 after a successful 2019 which saw the group top its previous year’s sales numbers and record its best-ever month in November – all despite challenging market conditions. Ray White Group Managing Director Dan White the 2019 results were testament to the quality of leadership…
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NEWS
Ray White Plympton relocate to Glenelg
The highly successful and experienced team at Ray White Plympton have officially commenced trading at their new home in the heart of Glenelg. Located in one of Adelaide’s most dynamic real estate markets, Ray White Glenelg’s new directors Adam Keane, Matt Dickinson and Justin Kurenda are excited about the opportunities this relocation will bring to the business. “Ray White Glenelg…
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INDUSTRY NEWS
REINSW to meet new Minister for Innovation to discuss proposed changes to the RTA
The REINSW have presented their areas of concern last month with respect to the latest overhaul of the Residential Tenancies Act to The Office of Fair Trading and have scheduled a meeting with new Minister for Innovation and Better Regulation Matthew Kean to provide feedback. “We felt it was necessary to take action ahead of any proposed amendments to the…
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