Search Results for: Andrew Cocks
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NEWS
Another rate hike to curb the highest inflation in three decades
The official cash rate is now 1.85 per cent after the Reserve Bank of Australia opted to raise interest rates a further 50 basis points at its monthly meeting today. The increase marks the fourth consecutive month of interest rate hikes as the RBA seeks to moderate inflation that is now the highest it has been since the early 1990s.…
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NEWS
Another cash rate hike with more to come
The Reserve Bank of Australia has warned homeowners more interest rate rises will follow as they raised the official cash rate 50 basis points, to 1.35 per cent, at its monthly meeting today.
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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
Cash rate rises for first time in over a decade
After 17 months of record low interest rates, the Reserve Bank of Australia has today lifted the cash rate 25 basis points to 0.35 per cent while clearly indicating more rate rises are to come.
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INDUSTRY NEWS
Interest rates on hold but experts tip a rise is coming
The Reserve Bank of Australia has again opted to keep interest rates on hold at 0.1 per cent as they eye the likelihood of increased inflation over the coming months.
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LEADERSHIP
Training for success: How industry leaders approach training and the benefits it provides
Our Insights survey told us top-performing agents are committed to undertaking further training each and every year, but what kind of training is it exactly? We surveyed four industry leaders to find out what they offer their teams in the way of training, and how it benefits them.
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NEWS
Interest rates on hold as world watches war in Ukraine
The Reserve Bank of Australia is closely watching the war in Ukraine and has elected to keep interest rates on hold for now at 0.1 per cent.
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FRANCHISE NEWS
Agencies embrace Richardson & Wrench business model
A growing number of seasoned agency owners are beginning the new year with a new name and more bang for their business buck after moving to the Richardson & Wrench franchise family.
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NEWS
Inflation came sooner than expected, but RBA keeps rates on hold
Inflation has picked up faster than the Reserve Bank of Australia expected, but the board still elected to keep interest rates on hold at a historic low of 0.1 per cent today. At the bank’s first meeting of the year, the board did elect to stop further bond buying, with its final purchases to be made on 10 February. In…
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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…
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FRANCHISE NEWS
Second generation agent starts a new chapter in Figtree
Wollongong native and respected agent Michael Moate, along with his devoted team, will send off the year with a bang by launching Richardson & Wrench Figtree.
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INDUSTRY NEWS
RBA keeps cash rate on hold with Omicron a new source of uncertainty
At its final meeting for 2021, the Reserve Bank of Australia has opted to keep the official cash rate at its historic low of 0.1 per cent, with a new Covid variant causing some market uncertainty. In his monthly statement today, RBA Governor Dr Philip Lowe said the Australian economy was recovering well from the setback the Delta outbreak caused,…
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INDUSTRY NEWS
RBA keeps cash rate on hold but rise likely in 2023
Despite a rise in inflation, the Reserve Bank of Australia has again opted to keep the official cash rate on hold at 0.1 per cent, issuing an optimistic forecast for the economy over the coming months.
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INDUSTRY NEWS
Industry leaders analyse what RBA decision means for real estate market
The Reserve Bank of Australia (RBA) has maintained its record low cash rate at 0.1 per cent, with real estate industry leaders predicting Australia’s hot housing market will start to even out a little in the coming months.
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Elite Agent
Inner City Blues – What’s going on with rentals?
While things are looking a little brighter in 2021 there are still many hurdles to overcome. Kylie Dulhunty spoke to property managers about their experiences and sought their tips to help you move stock quickly. Property managers in inner Sydney and Melbourne could face further challenges this year, with falling unit rents and higher than normal vacancy rates continuing to…
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NEWS
Celebrating the return of a familiar face
Richardson & Wrench welcomes the return of Graham Hodson to the Lithgow community with the launch of a new bespoke real estate franchise. This exciting and innovative business structure creates a more agile business under a trusted and well-recognised brand, whilst allowing Mr. Hodson to provide the same six-star service. R&W Managing Director Andrew Cocks said the flexible bespoke franchise…
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NEWS
R&W expands its presence in the Southern Highlands
Richardson & Wrench has opened a new office in the Southern Highlands, marking an expansion into regions close to Sydney, which offer the benefits of both lifestyle and affordability. R& W notes the attraction factors that have made the Southern Highlands a perennial favourite amongst Sydney’s society set have been highlighted by the number of high-profile business and entertainment identities…
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Elite Agent
Penthouse auction to fund COVID-19 treatment research
In a remarkable act of generosity, an 82-year-old semi-retired builder will donate the entire proceeds from the auction of his luxury coastal penthouse to the Royal Brisbane and Women’s Hospital (RBWH) Foundation Coronavirus Action Fund. Keith Drake, who operated Drake Homes and Pryde Timbers with the assistance of his family for many years, is doing all he can to assist…
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NEWS
R&W Starlight fundraising clocks more than $500k
There will be more laughs and Christmas wishes to go around this year as the Richardson & Wrench Spring Starlight campaign comes to a close, with donations to The Starlight Children’s Foundation reaching almost $589,000. Now in its 15th year, the R&W partnership with Starlight began in Sydney’s Eastern Suburbs and expanded across the network in 2012. Throughout the spring campaign,…
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NEWS
Community investment key to R&W awards success
The past year was one that many in the real estate industry will gladly forget, yet for those who claimed trophies at the annual Richardson & Wrench awards it was a chance to step up to the challenge and show their worth. Offices and agents in growth corridors on the city fringes of both Sydney and Brisbane not only survived…
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NEWS
Richardson & Wrench have pushed further into Queensland with a new Bundaberg office
Richardson & Wrench continue to expand their network in key Queensland markets with the opening of a new franchise in the regional city of Bundaberg. R&W representation on the coast now extends from Coolum to Noosa, Hervey Bay, Bargara Beach and Bundaberg. R&W Bundaberg will be operated by Driss Doukari. Managing Director Andrew Cocks said the addition of the Bundaberg office…
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FRANCHISE NEWS
Richardson & Wrench opens in Hervey Bay
The red R&W logo is set for a comeback in Hervey Bay, with local couple Dirk and Sally Van Den Heuvel opening a new Richardson & Wrench real estate office. Like many of their clients, the couple made a lifestyle decision five years ago to settle in Hervey Bay, allowing Sally to reconnect with her family and Dirk to enjoy…
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FRANCHISE NEWS
New R&W office integrates legal and real estate services under one roof
Richardson & Wrench is expanding its presence in Sydney’s western growth corridor with the opening of a new office in Toongabbie that integrates the three pillars of real estate services all under one roof. R&W Toongabbie will be co-located with long-established law firm Papantoniou Blake Lawyers, providing clients and customers with the option to access all their property and legal…
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NEWS
Jason Boon triumphs with triple trophies at R&W 160th birthday awards night
Jason Boon walked away from the Richardson & Wrench 160th birthday awards on Saturday night with three of the most coveted trophies. Boon, a director of R&W Elizabeth Bay Potts Point took home the award for Most Outstanding Selling Principal for both transactions and income earned, plus the Ronald H Pillinger Award. He also had his hand on the R&W…
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FRANCHISE NEWS
R&W Family Celebrates 160th Birthday
Family is a word that figures large amongst R&W Principals as they prepare for their annual awards night which this year will double as a celebration of the group’s 160th birthday. This Saturday around 400 members of that family will gather at Sydney’s International Convention Centre to celebrate 160 years. And while there’ll be a moment to reflect on their…
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FRANCHISE NEWS
R&W builds presence Sydney’s north shore with new Wahroonga agency
Richardson & Wrench has added to its network of offices on the upper north shore with the opening of a dedicated Wahroonga agency. R&W Wahroonga will be headed up by Nick Addison who has spent the past 14 years in the area. R&W owner and Managing Director Andrew Cocks said Mr Addison’s decision to join the group would increase its…
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FRANCHISE NEWS
R&W boosts team to drive growth opportunities
Richardson & Wrench has appointed a National Growth Manager to drive the expansion of the R&W group in metropolitan and regional NSW and Queensland. Chris Scerri joins the network with an 11 – year background in real estate across residential sales, commercial sales, leasing, auctions and franchise recruitment. Mr Scerri began his real estate career on the Central Coast in…
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FRANCHISE NEWS
R&W donations to Starlight Foundation hit $500,000 milestone
Richardson & Wrench begins the new year with 500,326 reasons to celebrate. That’s the grand total that the network has raised for the Starlight Children’s Foundation to further its work helping to brighten the lives of seriously ill children in hospitals right around Australia. The milestone was reached at the close of 2017 with offices and agents across the group…
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THE ELEVATE PODCAST
Episode 20: How to Lead a Winning Team, the AREAs, the truth about cats and dogs and more
Weekly wrap: Samantha McLean and Mark Edwards recap the week that was. ‘Elevate’ is the official podcast of Elite Agent Magazine for real estate industry sales professionals, property managers, and leaders. Each episode, we will bring you behind the scenes coaching, news analysis, exclusive interviews, technology, and more to help you list more, sell more, and elevate your results. To…
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FRANCHISE NEWS
Richardson & Wrench Stars Shine Bright at the 2017 Annual Awards
The depth of talent within the Richardson & Wrench group has been highlighted by some outstanding performances across all of R&W’s markets. A true standout was Bondi Junction Principal Andre Frack claiming three of the most coveted trophies at the group’s annual awards on Saturday. Frack won the Most Outstanding Principal, both transactions and income earned, and took out the…
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Elite Agent
The Eight Best Budget Moments from #Budget17: Sarah Bell
The 2017 Federal budget has been mostly received well judging from commentary by property pundits so far. A goldilocks attempt to temper the forces of supply and demand; of foreign investment and affordable housing without causing economic shockwaves. But, Federal Treasurer Scott Morrison or #ScoMo as he is trending was going to have a difficult time pleasing everyone. “The government is…
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Elite Agent
Budget housing measures fair and responsible with some welcome innovation says R&W chief
Scott Morrison’s 2017/18 Budget passes the test for fairness and responsibility whilst offering some innovative opportunities that will support and encourage affordable housing for those most in need, according to Andrew Cocks, Managing Director of Richardson & Wrench, Australia’s oldest real estate group. Mr Cocks said the Treasurer had outlined a number of measures that would directly assist first home…
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National
R&W Opens New Illawarra Office
The Richardson & Wrench group has opened a new office in the fast-growing Illawarra region which will start trading on Monday. Known as R&W Dapto, the new office marks the return of the franchise to the Illawarra region after an absence of many years. R&W Managing director Andrew Cocks said the combination of Sydney’s growing population and housing affordability pressures…
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FRANCHISE NEWS
R&W Merger forms largest real estate agency in North Sydney
Two of the most successful real estate agencies in North Sydney have merged to form one office under the Richardson & Wrench brand. Richardson & Wrench (“R&W”) North Sydney have merged with First National North Sydney, making it the largest office of its type in North Sydney and one of the few to have a ground floor presence in the…
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NEWS
Sydney real estate boom drives R&W Hunter expansion
The surge of Sydney buyers forced out of Sydney in the hunt for value and affordability is changing the face of real estate in regional NSW. Richardson & Wrench today (November 25) adds a second Hunter Valley independent to its network, with the signing of Thomas Real Estate, a third generation family real estate business in the growth region of…
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