Search Results for: Tim Graham

  • Elite Agent

    Mortgage approvals hit pre-COVID levels months ago

    New ABS housing finance data shows that mortgage approvals across the country hit pre-pandemic levels in July.

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  • Elite Agent

    Simpler home loan rules to fuel Australian economy

    Reforms announced by the Morrison Government that will streamline and loosen the progress of applying for home loans is hoped to jumpstart our flagging economy.

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  • Elite Agent

    Gen Z wants split-rate mortgages, Boomers want fixed rates

    The generational gap is evident in new research by Finder, which shows a new level of employment uncertainty is influencing how younger generations would prefer to structure their home loans. Out of 1000 Australians surveyed on how they would structure their mortgage if they were to refinance, 20 per cent would choose a split mortgage, dividing their loan into fixed…

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  • Real Estate News

    Experts positive about housing affordability

    Experts have never felt better about housing affordability around the country, according to a survey conducted by comparison site Finder.In this month’s Finder RBA Cash Rate Survey, 40 experts and economists weighed in on future cash rate moves and other issues related to the state of the Australian economy.While all experts and economists surveyed correctly predicted the cash rate to…

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  • Real Estate News

    Melbourne property price recovery could take a while

    This month’s Finder RBA Cash Rate Survey dealt a blow to Melbourne’s property owners, with the majority of experts surveyed expecting housing prices to continue to drop until at least April 2021, with a third predicting we won’t see recovery until 2022 or beyond. “Both Melbourne and Sydney experienced double-digit growth throughout most of 2019,” explains Graham Cooke, insights manager at…

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  • Elite Agent

    Record number of home loans refinanced in May

    Both the total number and total value of refinanced home loans hit a new high in May. Finder analysis of recent ABS data reveals 33,712 Aussies refinanced their home loan in May, to the tune of $15.1 billion. These figures were up $12 billion from April – the previous record. Almost two third (64 per cent) of May’s refinanced loans…

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  • Elite Agent

    Capital city apartment values to be hit the hardest, experts predict

    The latest Finder RBA Cash Rate Survey is out, and it’s not the best news for apartment owners. 43 experts and economists were asked to predict various aspects of the housing markets, including the projected values of apartments and houses in the eight capital cities. They predict price drops of between 7-8% price drops by the end of September for…

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  • Real Estate 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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  • Elite Agent

    HomeBuilder a potential win-win across six key areas

    The federal government’s new HomeBuilder scheme offers eligible Australians money to renovate or build a home. While it’s attracted controversy, HomeBuilder does offer a much-needed opportunity to make old homes more energy-efficient. Research released in March showed the energy performance of housing must improve by an average 44-48% in the next decade for Australia to reach net…

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  • Elite Agent

    How COVID-19 changed business practices

    The pandemic literally changed the world. It certainly changed the way we conduct business of all kind. The real estate industry has learnt a lot of lessons from March through to the end of June, and continues to learn. These lessons learned from how we have been forced to adapt have a great many positives. My observation of the main…

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  • Real Estate News

    Two-thirds of experts predict end of stamp duty by 2021

    The majority of experts agree that stamp duty could soon be on its way out as the government grapples with the post-COVID economy, according to comparison site Finder. In this month’s Finder RBA Cash Rate Survey, 43 experts and economists weighed in on future cash rate moves and other issues related to the state of the Australian economy. While all 43 experts…

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  • Real Estate News

    Finder survey says…cash rate hold and international borders to remain closed

    The cash rate is anticipated to remain on hold and Australia is projected to lose $25 billion in foreign spending, according to a recent survey by Finder. In this month’s Finder RBA Cash Rate Survey – the largest of its kind in Australia – 42 experts and economists weighed in on future cash rate moves and other issues related to the state…

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  • Real Estate News

    The RBA Leaves the Cash Rate on Hold at 0.25 per cent

    At its monthly meeting today, the RBA has decided to leave the cash rate on hold at 0.25 per cent. The move that was widely tipped by analysts will see the cash rate remain at historic lows for the foreseeable future. In mid-March, the RBA held its first emergency meeting since 1997 to slash the cash rate to current levels…

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  • Real Estate News

    Coronavirus fallout prompts RBA to slash rates

    The RBA has officially cut interest rates to their lowest level on record in the fight against the economic fallout from the coronavirus. In an emergency meeting yesterday, the RBA reduced the official cash rate to 0.25 per cent down from 0.5 per cent. The RBA has only recently cut the cash rate from 0.75 per cent at its monthly…

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  • Real Estate News

    RBA Survey: Coronavirus economic impacts just beginning

    Experts fear the Reserve Bank of Australia (RBA) will need to take action in the wake of the COVID-19 (coronavirus), according to Finder. In this month’s Finder RBA Cash Rate Survey™, 39 experts and economists weighed in on future cash rate moves and the state of the Australian economy. Graham Cooke, insights manager at Finder, said 20 of those surveyed specifically…

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  • Real Estate News

    Lenders sign up to First Home Loan Deposit Scheme

    Twenty-seven lenders have now been endorsed to participate in the First Home Loan Deposit Scheme in the lead up to the scheme starting on 1 January 2020. The scheme, which will provide support for up to 10,000 first home loan guarantees for eligible first home buyers each financial year, aims to help first home buyers purchase a home faster. HIA…

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  • TECH + SOCIAL

    Real Estate in 2020: It’s all about the follow up

    From long buying cycles to complex negotiations, a lot has to happen before you can seal a real estate deal. Maybe that's why most real estate agents have trouble keeping up. In fact, according to MarketingSherpa, 79% of marketing leads don’t convert into sales due to a lack of lead nurturing. This sobering statistic points…

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  • Real Estate News

    The RBA leaves rates on hold at 0.75% at December meeting

    The Reserve Bank of Australia has left the official cash rate on hold at 0.75 per cent in the final meeting of the year. Headed into today’s announcement, there was only a five per cent chance of a cut to the cash rate. We’ve already seen three 25 basis point cuts this year, however, there is still the expectation that…

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  • Real Estate News
    Elite Agent The News Source for Real Estate Professionals

    HIA supports next steps for First Home Loan Deposit Scheme

    The Housing Industry Association of Australia (HIA) has indicated its support for the First Home Loan Deposit Scheme after legislation was passed in the Senate on Tuesday. “Housing is a national priority and HIA welcomes the Senate passing legislation that will facilitate the next step in making the First Home Loan Deposit Scheme a reality,” stated HIA Managing Director, Graham…

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  • Real Estate News

    Simon Norris elected National President of the HIA

    Housing Industry Association (HIA) National Vice President Simon Norris has been elected the industry body’s President following the recent departure of Pino Monaco. Mr Norris boasts more than two decade’s association with the HIA, including a former stint as Queensland President. “Simon’s involvement with the HIA has spanned over 20 years, in various roles including as Queensland Executive Committee member,…

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  • FRANCHISE NEWS

    Ray White Rural appoints key specialist to drive performance in Queensland

    Ray White Rural has announced the appointment of a new specialist in Queensland to drive a growth and productivity plan for 2019. Former real estate agent and corporate business growth specialist Adrian Knowles has been appointed as the State Manager for Ray White Rural and Livestock in Queensland. CEO of Ray White Rural and Livestock Stephen Nell said this was…

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  • FRANCHISE NEWS

    Ray White agent donates commission to ROLL 101 charity

    Ray White Real Estate Agent Green Square and Botany Clay Chigwidden has donated half his commission to charity following his sale of a house. Mr Chigwidden, who was acting on behalf of a family who tragically lost their son through a combination of cystic fibrosis and a devastating motocross accident, chose the Roll 101 charity following consultation with the parents.…

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  • FRANCHISE NEWS
    elite agent news room

    Harcourts International names new Board Members

    Harcourts International has welcomed Susan Rix AM, Tim Keenan and Graham Mirabito to its board of directors, joining current board members Gilbert Enoka, Mike and Irene Green and Paul Wright. “We are very pleased to have Susan, Tim and Graham join our board and look forward to their contributions,” said Mike Green, Managing Director, Harcourts International. “Each is a leader in…

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  • EPM

    True North: Michael Love

    It's been almost 75 years since Michael Love’s grandfather first opened the doors of Love Real Estate in service of Melbourne's 'North'. Now, as a third-generation agent and director of that company, Michael reflects on the valuable lessons his family’s experience offers him as he sets about “running his own race”. Story by Cassandra Charlesworth.

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  • INDUSTRY NEWS

    June 2018: Interest rates on hold, Industry reaction

    At its meeting yesterday (5th June 2018), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 20th consecutive meeting. REA GROUP “The economy still isn’t growing fast enough to warrant an increase,” says REA Group Chief Economist Nerida Conisbee. “The issue is consumer confidence. While businesses are feeling far more confident, this is…

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  • SUPPLIER NEWS

    AI chatbot to take on common real estate interactions

    A new chatbot service is set to improve the real estate customer experience by acting as a concierge when it comes to buying, selling, renting, providing suburb information and managing properties. Known as ‘Ding’, the AI chatbot was recently launched by Local Knowledge Property Group and has the ability to cater to a range of tasks in real estate. Co-founder…

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  • INDUSTRY NEWS

    50 most influential financial advisers in Australia named

    “At a time when the digitisation of financial advice has reached its tipping point, both new and experienced financial advisers must be ready to lead the industry forward with ideas and innovation. Industry influencers will be instrumental in this exciting growth period,” said Darren Snyder, editor at Financial Standard. The list of individuals was determined through an industry-wide nominations phase…

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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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  • INDUSTRY NEWS

    Regional Queensland is the next hotspot for investors says Raine & Horne

    Regional Queensland’s property affordability, high-yielding returns and low vacancy rates meant that it was time for investors to ditch Sydney and Melbourne and start looking at investing in the sunshine state, Raine & Horne Queensland said. Its general manager Steve Worrad said towns such as Rockhampton, Nanango, Bundaberg, Kingaroy and Hervey Bay had loads of quality rental properties as low…

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  • Real Estate News

    REIA’s Awards finalists revealed

    The Real Estate Institute of Australia (REIA) has  released the names of finalists for its awards night do which will be held at Hyatt Hotel in Canberra on March 23. REIA president Malcolm Gunning in a statement said the National Awards for Excellence 2017 would showcase Australia’s most outstanding performers in the profession, adding that the winners will be announced via…

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  • Real Estate News

    Brookfield Multiplex Delivers New Tower to Melbourne CBD

    Brookfield Multiplex, a leading global contractor, has delivered another high-rise tower to Melbourne’s city skyline, with the completion of Central Equity’s $295 million residential tower Melbourne One on time. Located at 618 Lonsdale Street, the landmark 47 level tower stands some 149 metres above ground level. The construction of Melbourne One generated in excess of 1,000 jobs and used some…

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  • NSW Real Estate News
    commercial real estate queensland

    Skyline vision to boost economy and employment

    The City of Sydney has developed a strategic vision for Sydney’s future skyline with potential building heights in excess of 300 metres – 80 metres taller than Governor Phillip Tower – while still protecting sun access to the city’s important public places and parks. In the most comprehensive urban planning strategy for Central Sydney in 45 years, the City has…

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