Search Results for: Andrew Cocks
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Real Estate News
Richardson & Wrench Crows Nest gears up for growth
Property sellers in Crows Nest can now stay one step ahead of market trends and capitalise on property values thanks to the new owners of local estate agency Richardson & Wrench Crows Nest.
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Real Estate News
Richardson & Wrench Caboolture says cheers to 30 years
It was a simple house-and-land newspaper ad that brought Robyn and Peter Lachmund to Caboolture from Penrith.
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Real Estate News
Noosa’s newest prize: Waterfront icon sets new record
A two-bedroom Noosa Heads waterfront apartment has sailed away with a new record as the most expensive property sold in the tightly held Noosa Harbour Resort.
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Real Estate News
Richardson & Wrench Double Bay primed for continued success
One of Double Bay's most reputed and longstanding real estate agencies is set for ongoing success with a trio of property experts at the helm.
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Real Estate News
Richardson & Wrench scoop the pool at major awards night
Richardson & Wrench’s real estate network has swept the board in the 2024 RateMyAgent Awards, with its agents and offices across Australia winning more than 20 accolades for exceptional client service, standards, and satisfaction.
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Real Estate News
Real estate trio join Richardson & Wrench at new Bribie Island office
Leading real estate franchise group Richardson & Wrench has snapped up some of Bongaree’s biggest hitters as it expands to Bribie Island.
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FRANCHISE NEWS
Richardson & Wrench Kellyville opens with top team
Richardson and Wrench has bolstered its network presence in Sydney’s Hills District, partnering with highly regarded property professionals Amit Shrestha, Joseph Supan and John Albertini to open a new office in Kellyville.
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INDUSTRY NEWS
Sydney council proposes tax on empty homes
In an effort to combat the housing affordability crisis and increase the availability of rental properties, the Inner West Council in Sydney has put forward a proposal for a tax on empty homes.
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INDUSTRY NEWS
Interest rates rise for the 11th time in this cycle
The Reserve Bank of Australia has increased interest rates for the 11th time in 12 months, lifting the cash rate 25 basis points to 3.85 per cent.
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APPOINTMENTS
Richardson & Wrench appoint new Head of Network Growth
Jacki Williams, the newly appointed Head of Network Growth for Richardson & Wrench, grew up literally dining out on real estate. Her family has been in the business for most of her life, so property has been a common topic of conversation around the dinner table. “I learnt early on to love the thrill of negotiation; the back and forwards…
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INDUSTRY NEWS
RBA lifts cash rate to 3.35pc at February board meeting
The Reserve Bank of Australia has lifted the official cash rate by 25 basis points following its first meeting of 2023, taking rates to their highest level since 2012 and flagging that further rises are likely in the months ahead.
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Real Estate News
The top 50 residential real estate influencers and innovators for 2022
There is rarely a dull day in real estate. From mergers and acquisitions, pivoting in a changing market and continued acceleration of PropTech, 2022 has been a year for the record books.
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INDUSTRY NEWS
Cash rate hits highest point in a decade
The cash rate is now at its highest level since 2012, with the Reserve Bank of Australia (RBA) using its last monetary policy meeting of 2022 to lift the cash rate 25 basis points.
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OPINION
Rooms to spare: Andrew Cocks
Australia’s housing crisis is a bit of a misnomer really. What we are really suffering is a housing to household mismatch where large family homes that were once occupied by several people now accommodate just two.
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Real Estate News
Reserve bank lifts interest rates 0.25 per cent
With inflation at its highest level in more than three decades, the Reserve Bank of Australia has announced its seventh consecutive rate rise of the year, bringing the current official cash rate to 2.85 per cent.
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OPINION
Andrew Cocks: Half-baked reform falls flat
For a policy that had done the media rounds when it was first put forward in the June Budget, NSW Premier Dominic Perrottet’s “affordability busting” land tax proposal for first home buyers garnered a lot of attention in the past week or so.
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Real Estate News
RBA takes more moderate approach with 0.25 per cent cash rate increase
After a series of bullish interest rate hikes in recent months, the Reserve Bank of Australia has tempered its approach, increasing the cash rate by 25 basis points at its October meeting today.
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INDUSTRY NEWS
US home mortgage rates top 6 per cent for the first time since 2008
Mortgage rates in the US have hit their highest level since 2008, as the popular 30-year fixed rate loan has now topped 6 per cent.
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INDUSTRY NEWS
Andrew Cocks: Uncertain times require certainty from leaders
Business needs certainty. It enables sound evidence-based commercial decisions to be made along with the ability to plan ahead.
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INDUSTRY NEWS
Cash rate rises for the fifth month in a row
The Reserve Bank of Australia (RBA) lifted the cash rate 50 basis points today and at the same time forewarned homeowners further increases were coming.
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INDUSTRY NEWS
Richardson & Wrench awards night worth the wait
Following a two-year, pandemic-induced hiatus, the Richardson & Wrench network has finally come together to celebrate a year of achievements in a glamorous night to remember.
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Real Estate 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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Real Estate 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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Real Estate 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
NSW Government announces trial shared equity housing scheme ahead of Budget
Teachers, nurses, police, single parents and older singles will be able to tap into a $780.4 million shared equity scheme to buy a home under a new NSW Government trial.
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Elite Agent
Andrew Cocks: Challenging time to be in government
Thomas Jefferson is quoted as saying, “The government you elect is the government you deserve”.
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OPINION
Andrew Cocks: Investors hold the key to rental relief
There’s been no let-up in the recent tales of distress resulting from the dramatic worsening of rental affordability and vacancy afflicting our capital cities and regional centres. And we’re only at the start of what is shaping up as an extended period of strong rental demand.
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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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OPINION
Andrew Cocks: The countdown to polling day begins
For a relatively short election campaign, it feels like we have been bombarded by electioneering for months. Certainly, far more than the mere six weeks Scott Morrison has allotted from his Sunday visit to the Governor General at Yarralumla to May 21, the day we will go to the polls.
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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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Real Estate 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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Real Estate 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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Real Estate 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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