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INDUSTRY NEWS
Rental market shows signs of easing despite continued challenges
The rental market is showing early signs of relief as price growth slows and supply increases, according to new research.
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INDUSTRY NEWS
NSW reforms ramp up duplex development
NSW reforms ramp up duplex development The NSW government has introduced sweeping reforms to allow duplexes and semi-detached homes across 97 per cent of local councils, aiming to increase housing supply in well-located areas. According to realestate.com.au, the new amendments have significantly reduced the requirements for duplex development, with blocks now only needing a 12m frontage on a 400sq m…
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INDUSTRY NEWS
Affordable homes outperform as mortgage fatigue hits
Rising interest rates are driving a shift in the market, with affordable houses now experiencing stronger price growth than luxury homes.
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Real Estate Content
FLK It Over gets NSW agents VOI compliant
FLK It Over, a digital platform is revolutionising how real estate professionals manage their agreements.
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INDUSTRY NEWS
Auckland auction event sees $24.9 million in property sales
A major Ray White auction event in Auckland has highlighted the strength of the local property market, with more than $24.9 million in sales recorded in a single day.
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INDUSTRY NEWS
Record land prices threaten housing targets
Land prices have hit record highs across the country as severe shortages continue to hamper the government's ambitious housing targets.
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INDUSTRY NEWS
Queensland set to become the second-largest investor market
Queensland is poised to overtake Victoria as Australia's second-biggest property investor market, according to new data
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FRANCHISE NEWS
Ruby Vo: From property management to sales success
Ruby Vo's journey in real estate began in 2010 when she started as a property manager.
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Movers and Shakers
Sotheby’s International Realty expands its presence in Victoria
New Zealand Sotheby's International Realty and Melbourne Sotheby's International Realty have formed a joint venture to strengthen their foothold in Victoria's luxury real estate market.
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Movers and Shakers
Carmel Hourigan appointed as Property Council President
Charter Hall Office CEO Carmel Hourigan has been appointed as the new National President of the Property Council of Australia, taking over from Michael O'Brien.
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Movers and Shakers
Shannon Arnold steps up at Pivotal Financial
Pivotal Financial has appointed Shannon Arnold as General Manager as the finance arm of RE/MAX Australia moves into a new growth phase.
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INDUSTRY NEWS
Blue chip property surges higher
Blue chip property across the country is experiencing a significant upswing, with several suburbs hitting record-high prices in 2024.
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INDUSTRY NEWS
Victorian government to release record amount of land for housing
The Victorian government is preparing to announce the largest release of land for housing in the state's history, targeting Melbourne's outer suburbs to combat the ongoing housing crisis.
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INDUSTRY NEWS
RBA reveals landlords absorb the bulk of interest rate hikes
Recent research by the Reserve Bank of Australia (RBA) has debunked the myth that landlords are passing on increased mortgage costs to tenants, leading to unsustainable rent increases.
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INDUSTRY NEWS
Essential workers could get homes on crown land
A groundbreaking proposal to establish new housing on unused Crown land has united unlikely allies in the fight for affordable homes for essential workers.
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INDUSTRY NEWS
Couples turn to wedding guests for home deposits
A new wedding trend is emerging as couples are increasingly asking their guests to help contribute to their home deposit instead of traditional gifts.
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INDUSTRY NEWS
Stamp duty slashed for off-the-plan property purchases in Victoria
The Victorian government has announced a significant reduction in stamp duty for off-the-plan apartments, units and townhouses in a bid to stimulate the housing market and address the state's housing crisis.
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INDUSTRY NEWS
US builders shift focus to condos and townhouses amid affordability crisis
Builders in the US are adapting to the ongoing housing affordability crisis by constructing more high-density homes according to new analysis.
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INDUSTRY NEWS
Employment surge means RBA might not slash rates
Australia's job market continues to show resilience, with employment rising significantly in September, and taking the pressure off the Reserve Bank of Australia (RBA) to cut rates.
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Movers and Shakers
Barry Plant’s Pinnacle Club Drive Day revs up
Get in the passenger seat with the Barry Plant’s Pinnacle Club Drive Day
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Movers and Shakers
David Peterson takes helm of RWC Asset Management in Queensland
David Peterson has been appointed as the new head of RWC Asset Management (QLD), bringing over 15 years of experience in commercial property management to the role.
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Movers and Shakers
Nick Separovich joins Raine & Horne Lower North Shore
Award-winning agent Nick Separovich has joined Raine & Horne Lower North Shore, further strengthening the agency's rapidly expanding team.
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Movers and Shakers
Robin Johnston steps into CFO role at First National Real Estate
First National Real Estate has appointed Robin Johnston as its new Chief Financial Officer.
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INDUSTRY NEWS
Maxwell Scott Raine inducted into FCA Hall of Fame
The Franchise Council of Australia (FCA) has posthumously honoured Maxwell Scott Raine as the 2024 inductee into the FCA Hall of Fame, recognising his role in introducing franchising to the Australian real estate industry.
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INDUSTRY NEWS
Help on the way for first-home buyers
The Property Council of Australia is presenting policy ideas to the Government that will support homeownership for younger Australians while also boosting housing supply.
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INDUSTRY NEWS
NZ construction costs inch up amid industry slowdown
Construction costs in New Zealand have shown a slight increase in the September quarter, despite an ongoing slowdown in the building industry.
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INDUSTRY NEWS
Rental vacancies rise slightly but crisis deepens in NSW
Residential rental vacancies have increased marginally across Sydney, but experts warn the rental crisis continues to worsen.
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INDUSTRY NEWS
Opposition vows to scrap Victoria’s controversial ‘Airbnb tax’
The Victorian Opposition has pledged to repeal the state's contentious Short Stay Levy Bill if elected in 2026, citing concerns over increased holiday costs and economic impacts.
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INDUSTRY NEWS
Renters and homeowners are feeling more confident
Consumer confidence held steady this week, as both renters and homeowners started to feel better about the state of the housing market.
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INDUSTRY NEWS
Construction industry collapse tightens the screws on home buyers
The Aussie dream of home ownership could be under threat as the construction sector faces an unprecedented crisis, with thousands of builders going bankrupt and leaving homeowners in financial distress.
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INDUSTRY NEWS
Auction market lifts as spring heats up
The Australian property market has seen a sharp uptick in activity as spring selling season gains momentum according to new data.
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INDUSTRY NEWS
Australian property market hits $11 trillion despite slowing growth
Australia's property market has reached a new milestone, with the total value of residential real estate surpassing $11 trillion for the first time, but growth is starting to ease.
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INDUSTRY NEWS
RNBZ rate cuts to boost confidence
The Reserve Bank of New Zealand’s latest rate cut is set to boost market confidence and there is likely more easing on the way.
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Movers and Shakers
Michael Bacon steps up as co-director at Place Kangaroo Point
Michael Bacon has been named co-director of Place Kangaroo Point, marking a significant step in his rapid rise through the ranks in Brisbane.
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Movers and Shakers
Suzanne Brown gets the nod as next REIWA President
The Real Estate Institute of Western Australia (REIWA) has elected Suzanne Brown as its new President, taking over from Joe White who completed his two-year term.
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