week-17-2019
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OPINION
Negative gearing is not the biggest issue our property market faces: Charles Tarbey
The Australian property market has been consistently disrupted by false and misleading predictions which coupled with a widespread tightening of credit policy has created the real issue impacting our industry. A fallout from the Banking Royal Commission saw banks apply stricter lending requirements that made it difficult for consumers to obtain finance, particularly for investors. Whilst I have the greatest…
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Real Estate News
Office space demand – through the roof in the ACT
Demand for office space in the ACT was 109 per cent higher in the first quarter of 2019 compared to the same period last year, according to Colliers International’s latest Office Demand Index. “Nationally, the strongest growth in demand was for office space ranging from 1,000 to 2,999sqm an the ACT definitely was not immune to this trend, recording a…
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Real Estate News
WeWork and REA Group join forces to help more people work, their way
REA Group has announced a partnership with global shared workspace company, WeWork, to bring flexible, collaborative workspaces to Australians. The relationship will see WeWork’s Australian listings advertised across REA Group owned and operated commercial property sites, Spacely and realcommercial.com.au. Spacely will showcase all of WeWork’s 16 open Australian locations, including 120 Spencer St, Melbourne, and 50 Miller St North, Sydney.…
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AREC2018 EA Studio
AREC 2018 Feature Interview: James Tostevin
VIDEO HIGHLIGHTS 00:37 How James maintains the high of AREC after it’s over 01:11 His evolving systems and processes through the years 02:07 The structure of his team 02:41 The benefits of being good to your team 03:24 James’ favourite AREC speakers. More from AREC 2018
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Real Estate News
Juwai.com partners with Archistar to launch Property Feng Shui Reports
Juwai.com has launched a new service in partnership with Archistar offering Chinese real estate buyers the option of analysing the floor-plans of potential acquisitions for Feng Shui. Archistar is an Australian Proptech startup, responsible for creating and operating a Feng Shui analysis feature that assesses floor-plans and provides insights and design recommendations. To celebrate the launch, Archistar conducted a Feng Shui…
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Real Estate News
New office for RE/MAX on the Gold Coast
Danny Woolbank is forging a new path with global real estate network RE/MAX to launch his own agency on the Gold Coast. RE/MAX Property Centre opens at Broadbeach Waters in May. Mr Woolbank has lived on the Gold Coast since 1985 and is well-known to many through his family business, the Southport Squash Centre, and his professional squash career. A…
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Elite Agent
Professionals Chairman sells last office to focus solely on growing network
Professionals Real Estate Group Chairman Carl Petersen has sold his last real estate agency, which he has co-owned for 19 years, in order to focus on guiding the growing Professionals network. Mr Petersen, who has been an active member of Professionals since 1983, has sold the rent roll of his Coolangatta-Tweed agency and retired from selling and managing properties. Mr…
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Real Estate News
LJ Hooker to increase regional focus with dedicated rural brand
LJ Hooker has announced its expansion into the specialist rural real estate market as it moves to service growing demand in regional areas. The division will be led by Ian Simpson, who has specialised in real estate and water sales for the past 15 years. L Janusz Hooker, Chairman of LJ Hooker, said now was the right time for the…
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Real Estate News
REA Group announces strategic partnership with 58 Group in China
REA Group have announced a strategic partnership between their online platform Myfun and one of China’s leading online real estate listing platforms under 58 Group, Anjuke. The partnership will allow Myfun to further expand its footprint in mainland China, while enabling Anjuke to provide international properties to Chinese users. As part of the partnership, Myfun will syndicate Australian residential properties,…
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Real Estate News
ATO to double the number of audits for rental deductions
Rental property owners are being urged to make sure their claims are correct, as the Australian Taxation Office (ATO) announces it will double the number of audits scrutinising rental deductions. In the 2017–18 financial year, more than 2.2 million Australians claimed over $47 billion in deductions. Assistant Commissioner Gavin Siebert said this year the ATO have made rental deductions a…
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Brand Editorial
Mi casa es su casa: The insurance perils of sub-letting
Increasing costs of living and high prices for rentals in desirable areas mean the idea of sub-letting is appealing for many tenants. And while many think this is just a matter between landlord and tenant, it’s important to consider the landlord’s insurer – as generally sub-letting is not covered. Sub-letting is where a tenant privately organises for someone to pay…
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