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INDUSTRY NEWS
More needed from Government to fix housing
Australia's housing crisis requires immediate and coordinated action from all levels of government, according to industry experts.
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INDUSTRY NEWS
Investors flee rental market amid rising costs and new taxes
Property investors are abandoning the rental market in droves, with new data showing a significant increase in investment property sales over the past year.
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Movers and Shakers
Louis and Kathy d’Espagnac open Coronis Pelican Waters
Louis and Kathy d'Espagnac have opened Coronis Pelican Waters, a new partnership franchise with the Coronis Group.
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Movers and Shakers
Leanne Nehme relocates to Bella Vista
Leanne Nehme has moved her LJ Hooker agency to a new location in Bella Vista, rebranding as LJ Hooker Bella Vista.
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Movers and Shakers
Ray White Queensland celebrates top performers at annual awards
Ray White Queensland has recognised its top performers at the 2023-24 annual awards ceremony held in Brisbane.
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INDUSTRY NEWS
New listings hit a decade high in the capital cities
Capital cities have experienced a significant increase in new listings, with Sydney, Melbourne, and Canberra recording their highest August figures in over a decade, according to new data.
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INDUSTRY NEWS
Strata industry faces calls for higher standards
Real estate industry bodies in New South Wales and Victoria are demanding higher professional standards for strata managers as misconduct comes to light.
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INDUSTRY NEWS
Majority of Australians want house prices to fall
Most Australians want to see house prices decrease over the next five years, according to new polling data.
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INDUSTRY NEWS
National vacancy rate drops to 1.39 per cent
Australia's rental market tightened last month, with the national vacancy rate falling to 1.39 per cent in August, according to new data.
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INDUSTRY NEWS
You can’t rely on technology alone for property purchases
The industry is urging buyers not to overlook the importance of physical property inspections, despite advancements in AI.
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INDUSTRY NEWS
Victorian Government’s Airbnb tax faces backlash from investors
Victorian Government’s Airbnb tax faces backlash from investors
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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
Perth dominates list of top family-friendly suburbs
Perth has emerged as the leading city for family-friendly suburbs in Australia, according to new research.
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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
Inland property prices surge as buyers look beyond the coast
Home buyers are starting to look beyond the beach, with inland areas experiencing a boom in prices as buyers start moving away from traditional coastal hotspots, according to a leading economist.
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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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INDUSTRY NEWS
Ray White Rural and Livestock celebrates 30 years of success
Ray White Rural and Livestock recently held its annual awards ceremony in Toowoomba, marking 30 years since the network's inception.
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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
Eddy Piddington brings fresh energy to Ray White Northern Beaches
Leading agent Eddy Piddington has joined Ray White Northern Beaches, bringing over 20 years of local expertise to the team.
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