Search Results for: adrian kelly
-
NEWS
REIA re-elects Adrian Kelly and Haydn Groves at 2020 AGM
2021 will be a year to watch says newly re-elected Real Estate Institute of Australia President Adrian Kelly. Both Mr Kelly and incumbent Deputy President Haydn Groves were re-elected to their positions at the AGM held last week. In addressing the AGM, Mr Kelly said although it’s been a difficult year, property values have largely held in all regions and…
Read More » -
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…
Read More » -
NEWS
REIA president Adrian Kelly calls on stakeholders to step up over rent relief
As the real estate sector awaits a government announcement on rent relief, REIA president Adrian Kelly has issued an open letter to all stakeholders, urging them to step up and consider all sides of the equation. Addressing tenants, property owners, landlords, lobby groups, the industry and State Governments, Mr Kelly minced few words as he outlined the current state of…
Read More » -
INDUSTRY NEWS
REIA claims the Government bolsters its coffers at housing affordability’s expense
Real Estate Institute of Australia (REIA) President Adrian Kelly believes stamp duty has become the antiquated blight of the Australian housing sector, based on new findings.
Read More » -
INDUSTRY NEWS
First-home buyers flee as property prices continue to surge
First home buyer numbers have plummeted over July as the housing affordability crisis continues, according to REIA president Adrian Kelly
Read More » -
INDUSTRY NEWS
Sydney and Melbourne are the only capital cities with declining rental markets
REIA president Adrian Kelly said Sydney and Melbourne saw rents fall slightly, while other capital cities saw rents increase
Read More » -
Elite Agent
Housing market ready to be put to test in 2021
Australia's housing market recorded respectable growth over 2020 and with limited stock and strong demand, plus the possibility of an August election, 2021 should see further price increases, according to REIA President Adrian Kelly.
Read More » -
NEWS
Budget is great news for real estate – if forecasts become reality: REIA
The Real Estate Institute of Australia has said that the critical Budget 2020 has provided an encouraging outlook for all players in the Australian property market. President of REIA, Mr Adrian Kelly, said that despite the challenging and unprecedented events of 2020 with a deficit of $210 billion, Budget 2020…
Read More » -
NEWS
JobMaker Digital Business Plan simplifies paperless transactions
The announcement this week of the Federal Government's JobMaker Digital Business Plan has been welcomed by REIA President Adrian Kelly, who believes the small amendments, including the formalisation of electronic documents in real estate transactions, will lead to a simplification of the industry. “The amendments required, whilst simple, will improve…
Read More » -
NEWS
REIA president speaks out in support of the real estate industry
REIA President Adrian Kelly has addressed the comments made by Opposition Leader Anthony Albanese and his concerns over the actions of some real estate agents. Mr Kelly's comments come as "Firstly, I agree that estate agents providing financial advice to tenants is clearly illegal and the REIA doesn't condone it," said Mr Kelly. "To condemn…
Read More » -
Elite Agent
Moratorium on evictions is not a free ride: Housing Minster
REIA president Adrian Kelly said he welcomed the Minister for Housing Michael Sukkar's words which were a clarification on what a moratorium on evictions means. "A moratorium on evictions doesn't mean rent is not payable, it is. If circumstances mean that payment in full is not possible it is a holding off from payments, not…
Read More » -
NEWS
REIA announces 2020 REIA National Awards for Excellence winners
The Real Estate Institute of Australia (REIA) announce the winners of the 15th National Awards for Excellence. Due to the measures currently in place surrounding COVID-19, the event planned to be held in Darwin on 2 April 2020 was cancelled. REIA President Adrian Kelly said whilst this was disappointing it was inevitable for the safety and wellbeing of all concerned. …
Read More » -
NEWS
2020 REIA National Awards for Excellence finalists announced
The finalists for the 15th National Awards for Excellence has been announced by The Real Estate Institute of Australia (REIA). REIA President Adrian Kelly said the national awards recognise the best of the best in Australian real estate. "This year the REIA National Awards for Excellence will be proudly hosted by the Real Estate Institute of…
Read More » -
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…
Read More » -
INDUSTRY NEWS
REIA elects Hayden Groves as president
The Board of the Real Estate Institute of Australia (REIA) has today (15 December 2021) elected leading Western Australian agent Hayden Groves as REIA's new President.
Read More » -
INDUSTRY NEWS
House prices rise at the highest rate in 20 years
Australian house prices have increased by 23.4 per cent over the past year, the highest rate of growth in 20 years, according to recent Real Estate Institute of Australia’s (REIA) figures. The REIA’s Real Estate Market Facts report revealed this was the first time since June 2002 that the annual increase had been higher than 20 per cent. REIA President…
Read More » -
INDUSTRY NEWS
First Home Loan Deposit Scheme issues more than 4600 new guarantees
Aspiring first home buyers are being urged to secure their place in the First Home Loan Deposit Scheme (FHLDS) before Christmas, with the release of more than 4600 new guarantees.
Read More » -
INDUSTRY NEWS
Australian families spend 36 per cent of their income on their mortgage
Housing affordability continued its decline in the September quarter with hard-hit first-home buyers pulling out of the market, the latest Real Estate Institute of Australia (REIA) analysis shows. The REIA’s Housing Affordability Report found 36.2 per cent of owner-occupiers’ income went to paying their mortgage, which is a 3.9 percentage point rise over the past year. The national median weekly…
Read More » -
INDUSTRY NEWS
Investors back in the market but owner-occupier lending falls
New investor loan commitments rose for the 12th consecutive month in October, while lending to owner-occupiers dropped by more than $800 million, according to new data.
Read More » -
INDUSTRY NEWS
Increasing property prices see stamp duty skyrocket
Property prices have soared throughout the pandemic, as more Australians seek to achieve work/life balance, relocating to lifestyle locations in droves.
Read More » -
INDUSTRY NEWS
Changes to money laundering laws must consider home buyers, tenants and small business, says REIA
The Real Estate Institute of Australia (REIA) has urged the Inquiry into Australia's anti-money laundering and counter-terrorism financing regime to consider genuine home buyers, tenants and real estate agencies when making its recommendations.
Read More » -
NEWS
Industry offers recommendations to address housing supply
Both the Real Estate Institute of Australia and the Property Council have offered their take on how to address Australia’s housing supply shortage.
Read More » -
INDUSTRY NEWS
Housing affordability declines as investors flock to COVID-free states
New loan commitments for housing have fallen, particularly in COVID-ravaged states, as housing affordability continues to decline.
Read More » -
INDUSTRY NEWS
CPI edges towards RBA target
Newly released figures show the All Group Consumer Price Index for September increased at a similar rate to the previous quarter, while the changes in the analytical series were the highest they’ve been in six years.
Read More » -
INDUSTRY NEWS
REIA releases policy agenda ahead of upcoming Federal Election
The REIA has set out the policies it believes the government needs to address on behalf of the industry in the lad-up to the Federal Election.
Read More » -
NEWS
More retirees have large mortgages but fewer are downsizing
Fewer retirees are looking to downsize this spring selling season, according to the REIA, with listings down 20-40 per cent
Read More » -
INDUSTRY NEWS
House prices have soared by almost 20 per cent
House prices have inflated by a whopping 18.4 per cent over the year to June, according to the Real Estate Institute of Australia (REIA).
Read More » -
National
Rental affordability improves across Australia
Rental affordability improved marginally across Australia by 0.3 percentage points over the June quarter, according to REIA.
Read More » -
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…
Read More » -
NEWS
20-year analysis shows housing affordability continues to decline but rental affordability stable
The Real Estate Institute of Australia (REIA) has crunched the numbers and found housing affordability has been on the decline for the past two decades.
Read More » -
NEWS
The vexing issue of vaccination: How the real estate industry is tackling the issue
How should the real estate industry approach the issue of vaccination? We put the question to some of the country’s largest groups to see how they’re handling the vaccination debate.
Read More » -
NEWS
Pandemic and climate change to have lasting impact on the real estate industry
The pandemic and climate change are impacting so heavily on the nation that the real estate industry is poised for massive changes
Read More » -
National
REIA welcomes the housing affordability and supply inquiry
The Real Estate Institute of Australia (REIA) has welcomed the House of Representatives Standing Committee on Tax and Revenue inquiry into housing affordability and supply in Australia.
Read More » -
BTW
Australasian Auctioneering Championships postponed until 2022
REIA and the REINZ announced the postponement of the Australasian Auctioneering Championships (AUSTROS) until 2022.
Read More » -
INDUSTRY NEWS
Number of single women buying first home tipped to rise
REIA forecasted a rise in single women purchasing their first homes.
Read More »