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    McGrath Limited (ASX: MEA) announced its FY19 first-half results, showing an 18 per cent drop in revenue. A release to the ASX points to the subdued market conditions having an impact on performance, resulting in an  EBITDA loss for the first half of $2.5 million. This result comprises the previously reported first-quarter loss of $1.9 million and a reduced second-quarter…

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  • Domain Holdings (ASX: DHG) released it’s 2019 half-year results on Friday, with the portal reporting a net loss of $156.4 million for the six months to December 2018. A non-cash goodwill write-down of $178.8 million drove the results into the red. Excluding this, Domain reported: Revenue growth of 0.3 per cent to $183 million EBITDA of $52.7 million Net Profit…

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  • With more than 18 years experience, Mr Hadfield believed every sale and property management transaction was an opportunity for his team to exceed their client expectations and deliver an excellent outcome. “Locally we’ve been here for around 30 years so we hold strong connections with our local community. My team will continue to provide, and increase, the quality of service…

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    REIWA has commended the McGowan Government on its decision to approve the City of Fremantle’s amendments to its Local Planning Scheme to enable greater housing choice. The plan states that lots between 600 and 750 square metres will now be allowed a maximum of three dwellings, including existing dwellings. While lots over 750 square metres will be allowed an additional dwelling…

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    RE/MAX Australia have announced its top performers of 2018, as more than 450 agents made their way to The Star on the Gold Coast last night. The evening formalities hit off with the announcement of the networks ultimate individual honour, The Eagle Award. The prestigious award went to siblings Travis and Tandi Gill, broker-owners of RE/MAX Advantage, located in Brisbane’s bayside…

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  • Property technology business AD Group has soared to new heights this month by taking its latest innovation, HouseandLandDevelopments.com.au into the NSW and ACT markets. The company’s latest offering is billed as a cost-effective marketing tool for the booming land market as property prices drive buyers to the outer suburbs. According to co-founder Jordan Catalano, this step was a natural progression having…

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    Real estate peak body The Real Estate Institute of Queensland and REA Group who own Flatmates.com.au, have come together to establish a short-term solution for Townsville’s potential housing shortfall. As the massive clean up of flooded homes continues, displaced Townsville residents and workers flying into the city to help will have an easier time finding accommodation with REIQ CEO Antonia…

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  • National Australia Bank’s digital subsidiary UBank, looks set to launch the world’s first digital human. UBank has named it’s newest member MIA (My Interactive Agent), who will look to target the home loan sector. Mia is enabled with voice detection and situational awareness, whilst also being able to respond to questions 24 hours a day. These specific characteristics have been…

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    As Australia’s only 24/7 free and confidential counselling service for young people, Kids Helpline has responded to more than 8 million contacts over the past 28 years and this year First National is lending a hand. “Every 90 seconds, someone’s son or daughter, grandchild, niece, nephew, neighbour or friend gets in contact with Kids Helpline via its free call number…

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  • Co-principals of Belle Property Neutral Bay Matthew Smythe and Mark Jackson have set their sights on taking the business to the next level, buying out business partner Tim Foote and signing a long-term deal with Belle Property. “Although we’ve enjoyed being partners with Tim over the years, we are very excited about the future of our business as we continue…

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    Housing finance dipped in December, as the latest ABS figures show a marked drop in new housing loans. After much speculation, new ABS Lending to Households and Business figures have confirmed the total value of new lending to households dropped 19.8 per cent from December 2017 to December 2018, in seasonally adjusted terms and excluding refinancing. Notes: Seasonally adjusted figures.…

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    It isn’t hard to forget the dual evacuations of the Opal Tower residents in Sydney Olympic Park in late December 2018. Today the Minister for Innovation and Better Regulation Matt Kean announced a new set of reforms which will be brought into action. The reforms which were announced on Sunday, include the appointment of a Building Commissioner who will become the…

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  • Property research house RiskWise is calling on the Council of Financial Regulators to introduce legislation banning borrowing against SMSFs for property despite the regulator indicating recently that they would take no actions due to a shift in dynamics in the housing market. According to RiskWise CEO Doron Peleg, all of the major banks have stopped loans to SMSFs, and this…

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  • After a decade of absence from the New Farm district in Brisbane, real estate duo Peter and Karen Hutton are thrilled to announce a comeback to their old stomping ground. The new Hutton & Hutton office has opened on the corner of Brunswick Street and Merthyr Road in November 2018, placing them in the heart of the Brisbane area. CEO…

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