Industry News
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Going paperless could save you $5K this year
Millions of workers around the world are often overwhelmed by the amount of paper they have to deal with on a daily basis. Real estate professionals in particular can at times be overloaded with more documents than they know what to do with. Moving away from paper in the office not only has the potential…
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Young Australians want home of their own, but work and study come first
While early adulthood is traditionally the period when young adults begin to live independently, new AHURI research reveals many young Australians are putting their longer term housing aspirations on hold to meet other life goals such as completing education or gaining secure employment. In 2015-16, only 17 per cent of young adults aged 18-24 years…
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Sentinel appoints National Portfolio Manager
Highly-experienced commercial real estate and finance professional, Christine O'Hara, has joined Sentinel Portfolio Management as its National Portfolio Manager. Ms O'Hara will oversee the property management of a portfolio of more than 50 retail, industrial, office, land, tourism infrastructure and agribusiness assets with a total value in excess of $1.2 billion. Sentinel's Director of Property…
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realestate.com.au launches first-to-market content in app
realestate.com.au today launched content in app, a first-to-market experience allowing users to access property news, data and insights within the realestate.com.au app. The experience is now live on the realestate.com.au iOS app, with Android users receiving the update from next week (Monday 19 August). With over 29 million launches of the app every month, a…
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Ray White Rural young guns shine in Ekka sun
Liam Kirkwood, the young gun business owner of Ray White Rural Townsville and Charters Towers, has won the ALPA Queensland Young Auctioneers competition at The Ekka. The 23-year-old from Townsville said he was stunned by his victory in a strong field of 10 competitors at the RNA Showgrounds in Brisbane. Ray White Rural Roma licensee…
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InfoTrack named a top 10 leading innovator in technology
Integrated searching company, InfoTrack, has been named in the top 10 of the 2019 AFR BOSS Most Innovative Companies List as a leading innovator in technology across Australia and New Zealand. The prestigious annual list, published by The Australian Financial Review and Boss Magazine, is based on a rigorous assessment process in conjunction with a panel of…
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A-List boating crowd sets sights on land
Race season in the Whitsundays has set sail, but not all the action takes place on the water. According to real estate doyen Carol Carter, the property market is also a focus for the national and international visitors who flock to the North Queensland dream destination at this time of year for the annual A-list…
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Research reveals older Australians’ hopes for housing
Future government policy on housing is set to be shaped by a new study which reveals most older Australians want to live in the middle or outer suburbs of a city in detached, freestanding three-bedroom homes. The research, Older Australians and the housing aspirations gap, undertaken for AHURI by researchers from Curtin University and Swinburne…
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The RBA keeps rates on hold
After two straight months of rate cuts, the RBA has left rates unchanged at one per cent. The move was widely expected and will mean borrowers will likely not see any changes to variable rates this month. However, RBA Governor Lowe has suggested that the RBA stands ready and able to cut rates further if…
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Halcyon Greens wins Master Builders Award for Gold Coast display home
Lifestyle developer Halcyon has been recognised for its approach to innovative home designs, taking out a prestigious Master Builders Award for its Fairway Series display home at Halcyon Greens in Pimpama on the Gold Coast The Fairway Series display home, which boasts country club living and spectacular 180-degree views of the community’s adjoining golf course…
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Weekly Auction Results: Auction clearance remains high on slightly higher volumes
Sydney and Melbourne continue to lead the country with another strong week of auction clearance results. After last weeks solid result, Sydney again leads the nation with a preliminary 78.5% clearance rate. While Melbourne continues to improve and finished on higher volumes than Sydney 74%. As sellers continue to sit and wait for spring, demand…
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Sentinel appoints Paul McDonnell as Director of Property
Sentinel Property Group has appointed real estate industry leader Paul McDonnell to the newly-created senior management position of Director of Property. Mr McDonnell will begin work with Sentinel in Brisbane from August 5 as part of the Group's executive team, with a wide-ranging role focusing on Sentinel's property and asset management divisions. Sentinel Managing Director…
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Chinese real estate heavyweights set to merge
Leading Chinese real estate companies Juwai.com and IQI Global are set to combine their forces to create Asia’s largest real estate group. The company will focus on advertising and marketing new development properties from across the globe, and is the first type of collaboration of its kind. Juwai.com is the No. 1 Chinese international property…
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Co-living operator secures $55 million Series B funding to accelerate growth across APAC
Singapore headquartered co-living operator Hmlet has raised $55 million in a Series B round, which will allow the company to accelerate expansion across Asia-Pacific and continue bridging gaps in demand for affordable, flexible and secure housing across the region. The round was led by Burda Principal Investments, with participation from existing investor Sequoia India and…
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