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INDUSTRY NEWS
Housing shortfall grows as Australia misses National Housing Accord target
Australia is set to fall short of its National Housing Accord target by over 166,000 homes, according to new forecasts from the industry.
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INDUSTRY NEWS
Spring selling season kicks off strongly
The first weekend of Spring selling has started strongly with active buyers driving up clearance rates right around the country.
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INDUSTRY NEWS
RBA warns interest rates to remain high as inflation persists
Reserve Bank of Australia (RBA) Governor Michele Bullock has warned that interest rates will remain elevated for an extended period to combat persistent inflation.
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INDUSTRY NEWS
Rental crisis persists despite slowing rental growth
Australia's rental crisis remains severe despite a modest easing in rent increases in some areas, according to new data.
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Movers and Shakers
Lydia Sheridan Takes the Helm as JLL’s New Head of Marketing for ANZ
Lydia Sheridan has been appointed as JLL's new Head of Marketing for Australia and New Zealand. With 17 years of experience, she will lead the marketing strategy across the region, focusing on brand growth, sustainability efforts, and client engagement. Sheridan joins JLL’s Australasian Executive Committee and Global Field Marketing Leadership Team.
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Movers and Shakers
Haiven Property expands its reach in Perth
Award-winning independent Perth agency Haiven Property is getting set to open a new location in Applecross, amidst another year of strong growth for the business.
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Movers and Shakers
Shady and Narges Attia launch Attia Real Estate
Shady and Narges Attia are looking to expand their growing reputation, having launched their own real estate brand, Attia Real Estate, through OASIS powered by @realty.
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INDUSTRY NEWS
Planning systems failing regional Australia
Regional Australia is facing a severe housing crisis as planning systems struggle to keep up with demand, according to industry experts.
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INDUSTRY NEWS
Nick Boyd appointed CEO of Belle Property
Nick Boyd has been named Chief Executive Officer of Belle Property, Hockingstuart and Acton | Belle Property, taking the reins from Peter Hanscomb.
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INDUSTRY NEWS
First home buyers forced to adapt amid rising costs
First home buyers are increasingly purchasing properties alone or using government-backed schemes to enter the property market, as rising costs make it harder to buy.
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INDUSTRY NEWS
Home building approvals hit a 14-month high
New home building approvals in Australia have reached their highest level in 14 months, in a sign that confidence is starting to return.
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INDUSTRY NEWS
Greens take aim at dodgy landlords
The Australian Greens have unveiled a plan to establish a National Renters Protection Authority (NRPA) to enforce rental standards and penalise ‘dodgy’ landlords and real estate agencies.
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INDUSTRY NEWS
Rent.com.au sees rising revenues
Leading rental portal, Rent.com.au has seen rising revenues last financial year, as it looks to grow its RentPay offering.
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FRANCHISE NEWS
Belinda Beekman: Building a community-focused real estate business
Belinda Beekman always felt that when you live and work in a community as a real estate agent, you need to have its best interest at heart.
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INDUSTRY NEWS
Elite Retreat auction raises over $30,000 for children’s charity
A successful charity auction at this year's Elite Retreat on Hayman Island has raised more than $30,000 for Steve’s Caroll’s Digital Live bike ride, supporting the children's charity Hands Across the Water.
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INDUSTRY NEWS
Home buyers prioritise lifestyle this Spring selling season
Home buyers are putting lifestyle first this Spring selling season, alongside traditional factors like location and size.
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INDUSTRY NEWS
The suburbs where homeowners hold onto property for 20 years
Certain Australian suburbs are seeing homeowners hold onto their properties for more than two decades which is double the national average.
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INDUSTRY NEWS
New laws aim to improve strata living in NSW
The NSW government has introduced new legislation to restore confidence in strata living and investing, targeting issues with strata managing agents and insurance policies.
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INDUSTRY NEWS
realestate.com.au launches AI room renovation tool
realestate.com.au has launched an AI-generated styling tool that allows users to digitally renovate property images.
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INDUSTRY NEWS
DOJ sues RealPage over rent-pricing algorithm
The US Department of Justice and eight state attorneys general have filed an antitrust lawsuit against RealPage, accusing the company of operating an illegal scheme to drive up rent prices across the country.
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INDUSTRY NEWS
Townhouses drive New Zealand’s housing market transformation
New Zealand's housing landscape has undergone a significant shift, with townhouses emerging as a key driver of growth, according to CoreLogic.
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Movers and Shakers
Kathy Sweeney’s Asset Building Club turns five
RE/MAX Living broker owner Kathy Sweeney has celebrated the fifth anniversary of her Asset Building Club (A.B.C.), an initiative aimed at helping young adults enter the property market
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Movers and Shakers
Colin and Karen Wallbank open Harcourts Southern Forests
Experienced real estate duo Colin and Karen Wallbank have launched Harcourts Southern Forests, taking over the existing Harcourts Manjimup office.
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Movers and Shakers
Ray White Elevate Group takes flight
Four leading offices across Sydney’s Inner West have come together to partner with Ray White.
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Elite Agent
Jaymee Le: Balancing motherhood and real estate
As a working mum with four children, Jaymee Le knows a thing or two about hard work and trying to find some sort of work-life balance.
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INDUSTRY NEWS
US buyers drive a surge in international interest for Australian property
International interest in Australian properties has seen a significant jump, with searches from overseas buyers and renters increasing in July.
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INDUSTRY NEWS
Property market delivers record profits for Australians
Australia’s property market continues to solidify its reputation as a reliable wealth-building avenue, with a significant surge in profit-making sales across the nation.
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INDUSTRY NEWS
Social housing and investor reforms urgently needed
The government needs to focus on building more social houses, eliminate policies like negative gearing and coordinate national rental reform to help address the housing crisis in Australia.
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INDUSTRY NEWS
Sydney records the highest prime rental growth in the world
Sydney has once again recorded the highest annual prime rental growth across 15 of the world’s leading cities.
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INDUSTRY NEWS
Home buyers make offers after just 20 minutes
Home buyers in the UK, are spending less than 20 minutes looking at a home before putting in an offer according to new research.
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INDUSTRY NEWS
Senate launches enquiry to examine first home buyer finance
The Senate has voted to begin an inquiry examining the impact of Australia's financial regulations on home ownership, with a focus on improving access for first-time buyers.
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