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Real estate news from across Australia – market shifts, regulatory changes, and industry developments that affect property professionals nationwide.

News

The Reserve Bank believes the recession could be over

Reserve Bank deputy governor Guy Debelle told a Senate estimates hearing on Tuesday that the RBA believes the country has pulled itself out of the recession.

Franchise News

Energy-saving AI tech trialled in CBD offices and malls

AMP Capital has started to roll out new energy saving AI technology in a number of its Australian…

Commercial

Over a quarter of Aussies say now is the time to buy property

New research commissioned by ING has found Australians have no real qualms about investing during this recession, with…

News

Survey highlights rental uncertainty during COVID-19

A new survey from Flatmates.com.au with more than 12,000 respondents highlights the uncertainty felt by renters during the…

News

Over 96% of First Home Loan Deposit places have already been filled

The First Home Loan Deposit scheme allows buyers to purchase a property with just a five per cent…

Industry News

Auction markets continue to strengthen

As Victoria returns to in-person auctions, the market is gaining moment, with a surge in Melbourne listings contributing…

News

Mirvac sees 40 per cent rise in residential land sales

Over the September quarter, developer Mirvac saw a 40 per cent lift in housing lot sales, selling over…

News

Most Aussies are made responsible for their own workplace COVID cleaning

New research has found that 59 per cent of Australians have had their bosses task them with cleaning…

News

Why more housing stimulus will be needed to sustain recovery

Housing stimulus has proved a welcome shot in the arm for the property market, but academics question whether…

News

PCA: Proposed fees make Australia “less attractive destination for investment”

Proposed foreign investment rules that introduce a steep new fee for investing in Australian real estate have been…

Adrian Kelly
Industry News

Remain vigilant: REIA’s message to the industry

REIA President calls on the real estate industry to remain vigilant as state borders reopen.

Industry News

Reserve Bank notes increased housing activity, despite weak investment levels

On October 6, the same day as the Federal Budget was announced, the Reserve Bank Board met and…

Franchise News

REA Group celebrates ‘excellent results’ in annual report

REA Group have delivered an annual shareholders report that celebrates a number of wins in what Chairman Hamish…

News

Auction clearance rates strengthen as Melbourne activity ramps up

Auction clearance rates strengthen as Melbourne activity ramps up The combined capital city preliminary auction clearance rate hit…

Industry News

Property investment falls to a record low

As with a lot of things, the levels of property investment in the Australian housing market crashed during…

Franchise News

REA Group commits to carbon neutrality

REA Group has announced its commitment to become carbon neutral.

Industry News

Domain Rental Report shows rental markets in flux

Domain's September Rental Report has shown there is little consistency across the states and territories, with prices hitting…

News

Cash rate won’t rise for three years: RBA

"We do not expect to be increasing the cash rate for at least three years."

Industry News

Repayments have begun on almost half of deferred loans

Australian Banking Association has announced that repayments have resumed on 45 per cent of deferred loans for mortgages…

News

Confidence in the housing market has boomed: Westpac

"This is an extraordinary result," said Westpac chief economist Bill Evans of the overall consumer sentiment.

Industry News

The full impact of HomeBuilder is now evident: HIA

The full impact of HomeBuilder is now evident with sales now 11.8 per cent higher compared to last…

Commercial

Commercial real estate sales down 58 per cent in 2020

Commercial real estate sales plummeted during the first nine months of 2020.

Industry News

REA Group wants you for their online property panel

REA Group has launched its new realestate.com.au Property Panel, and are seeking sales agents, principals and property managers…

Industry News

Minister for Housing assures REIA of ‘resilient’ property market at roundtable

Minister for Housing, Michael Sukkar, joined the members of the Real Estate Institute of Australia for a virtual…

Industry News

Is housing supply driven solely by demand? New research sheds light

New Australian Housing and Urban Research Institute (AHURI) research reveals what many of us assumed, that housing supply…

Industry News

First home buyer loans hit 11-year high

"The short-term stimulus from HomeBuilder is emerging in the housing finance data released by the ABS today."

Industry News

Overseas job outsourcing surges as JobKeeper reduces

An Australian employment specialist says businesses struggling to remain profitable through COVID and this week's JobKeeper cuts, are…

News

LJ Hooker opens nine new offices, with four more on the way

With COVID-19 putting the brakes on the Australian economy for much of the year, LJ Hooker has forged…

Industry News

LJ Hooker honours top performers at International Awards

LJ Hooker has recognised its top performers across Australia and New Zealand at its annual International Awards Night,…

News

Strong industry support for Federal Opposition’s property plan

Both the Master Builders Australia and the Property Council of Australia have welcomed the Federal Opposition's plan to…

News

Treechange vs seachange: which is better?

As city-dwellers flee for the comfort of a slower paced life, a debate has reared up. Which is…