National
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REA Group CEO Owen Wilson announces retirement
REA Group's Chief Executive Officer Owen Wilson has announced his intention to retire from full-time executive roles in the second half of 2025, marking the end of an era for the company.
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Office vacancy remains stable as new supply hits market
The Australian office market is showing resilience with CBD vacancy rates remaining relatively stable, despite significant new supply entering the market.
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Domain’s Head of Customer Solutions Angus Ferguson departs after successful tenure
Domain's Head of Customer Solutions, Angus Ferguson, is set to leave the company after six years of leading significant technological innovations and growth initiatives.
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Mark Jansen joins first national real estate as marketing and communications strategist
First National Real Estate has today announced the appointment of Mark Jansen as Communications & Marketing Director, continuing the revitalisation of Australia’s largest real estate cooperative that began in 2024 with the appointment of new CEO, David Edwards.
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Consumer confidence surges as rate cuts loom
Consumer sentiment in Australia has reached its highest point in nearly three years, as speculation grows about potential interest rate cuts from the Reserve Bank of Australia (RBA).
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Agents are optimistic about house price growth in 2025
The majority of real estate professionals are predicting house prices will increase in 2025, with improved affordability and potential interest rate cuts driving market confidence.
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REIA unveils seven-point plan to tackle housing crisis
The Real Estate Institute of Australia (REIA) has launched a comprehensive election commitment plan aimed at addressing Australia's housing affordability crisis ahead of the 2025 Federal Election.
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HIA calls for urgent action in Budget to tackle housing supply
The Housing Industry Association (HIA) has urged the Federal Government to use the 2025-2026 Budget to address Australia’s deepening housing crisis, warning that without major investment and reform, home ownership will slip further out of reach for many Australians.
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Property prices dip as market momentum slows
National home prices have recorded their first decline of the year, dropping 0.08 per cent in January, though values remain nearly 4 per cent higher than the same time last year.
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Darren Pearce joins First National as Membership Director
Industry veteran, Darren Pearce, with over 30 years of experience has taken on a key leadership role at Australia's largest independent real estate network.
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The 5 biggest property trends set to shape 2025
The Australian property market is set for another year of change, with economic policy, cultural shifts, and evolving buyer behaviour shaping the landscape. REINSW President and BresicWhitney CEO, Thomas McGlynn, predicts the five trends that will shape our industry in 2025.
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Rental market shows signs of cooling as availability improves
The Australian rental market is showing early signs of easing, with slower price growth and improved property availability marking a shift from the intense conditions of 2023.
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CPI decline raises hopes for borrowers
The latest Consumer Price Index (CPI) data shows a significant decline in inflation, bringing relief to borrowers and sparking optimism for an interest rate cut, but experts urge caution to maintain economic stability.
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Property investors target consistent markets
Property investors are increasingly understanding the value of consistent markets over boom locations, with new research revealing the top 50 safest investment suburbs across Australia.
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Aussie James Bond bows out of local property market
George Lazenby, Australia’s only James Bond, has closed the chapter on his Australian real estate holdings with the sale of his final property in Crows Nest for $2.45 million.
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$10,000 apprenticeship incentive welcomed as key step in tackling housing crisis
The Property Council of Australia and the Housing Industry Association (HIA) have praised the federal government’s new $10,000 apprenticeship incentive, calling it a crucial measure to address the labour shortages hampering Australia’s housing goals.
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Land prices surge past inflation and construction costs
National land prices have hit record highs, outpacing both consumer inflation and building costs as supply constraints continue to challenge the housing market.
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Singapore’s Ho Bee Land launches takeover bid for AVJennings
Ho Bee Land has entered a bidding war for Australian homebuilder AVJennings, offering A$391 million in a move that challenges an existing bid from American real estate firm Proprium Capital Partners.
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How workforce relocation trends could impact real estate agents
Australian companies could be facing a significant challenge in retaining skilled professionals, with 56 per cent of workers considering relocating within the next year.
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Portable Bond Scheme proposed to relieve renters’ financial strain
The McKell Institute is calling on the federal government to adopt a National Portable Bond Scheme, a policy designed to ease the financial pressures faced by renters and provide a pathway to greater financial security.
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Property listings surge to highest levels since 2017
The property market has seen its strongest year of new listings since 2017, giving buyers more choice and potentially slowing price growth in 2025.
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Rex Software, Cirrus8 and RealTrust create industry leader
Rex Software, Cirrus8 and RealTrust Property Accounting Solutions have joined forces to create the leading real estate software and solutions provider servicing the residential and commercial property markets in Australia, New Zealand and the UK.
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Unemployment edges higher but not enough for a rate cut
Mortgage holders might have to keep on waiting for lower interest rates, with new data showing that the jobs market has not weakened enough for the RBA to act.
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Super access plan aims to boost home ownership
The Housing Industry Association (HIA) has thrown its support behind a new Coalition proposal that would allow first home buyers to access up to $50,000 of their superannuation to purchase a home.
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Domain’s December 2024 House Price report: insights across Australia’s capital cities
Australia’s property market experienced a mix of resilience and deceleration in the final quarter of 2024.
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Housing industry demands urgent action on supply crisis
The Housing Industry Association (HIA) is pushing for bold action to address Australia's housing crisis, as the country falls significantly short of meeting its housing targets ahead of the 2025 Federal Election.
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Body Shop mogul lists $10m Portsea estate
Graeme Wise, the visionary behind The Body Shop's arrival in Australia, and his wife Angelina are selling their magnificent Portsea estate on the Mornington Peninsula, with a price guide of $9.5m to $10m.
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Rental growth “well and truly passed the peak”
The Australian rental market is showing clear signs of cooling, with national rental growth dropping to just 4.8 per cent in 2024, down significantly from 8.1 per cent in 2023.
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Gen X overtakes Baby Boomers in property wealth, according to KPMG report
Gen X has surpassed Baby Boomers in property wealth, holding an average of $1.31 million in housing assets, highlighting generational shifts in Australia's real estate landscape.
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New home building activity shows signs of recovery
Building approvals data continue to point to a moderate-pace recovery in 2025
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Calls for RBA to ease interest rates
REIA President, Ms Leanne Pilkington said that while the increase remains modest, the figures add weight to growing calls for the RBA to consider easing interest rates.
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