Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
REA Group Australia reveals strong growth in their FY21 results
REA Group has announced positive end of financial year results, with their revenue of $928 million up by…
Sydney’s CBD office market shows resilience amid lockdowns
The Property Council of Australia's latest Office Market Report has highlighted the resilience shown by the Sydney CBD…
First home buyers driving WA market recovery
AFL star kicks goals at Ray White Rural
Podium aims to drive a texting revolution for local businesses in Australia
Communication and payments platform Podium has continued its international expansion, announcing its launch in Australia.
Key acquisition for Lower North Shore agency
Demand for luxury Brisbane properties soars
Hard work pays off for top-performing agents
RBA maintains flexible approach with continued cash rate hold
The Reserve Bank of Australia (RBA) has decided it will keep the nation's official cash rate on hold…
More than half of experts say lockdowns will slow property price growth
Strict lockdowns are one of the few things that can slow down Australia’s recent surging property price growth,…
Multi-level cliff home wins highest Australian housing award
A New South Wales home set on a cliff and built by Mallinger Constructions has been recognised as…
Cbus Property’s penthouse collection sells for $66 million
Cbus Property's 111 Castlereagh Penthouse collection has sold to three separate buyers prior to their official release to…
New Zealand’s market slowdown is gradually unfolding
WA real estate agents raise $1 million to combat homelessness
WA real estate agents have partnered with the Salvation Army's Community REInvest program to assist people experiencing homelessness.
Australia’s growth cycle tapers as housing becomes less affordable
Australian housing values increased a further 1.6 per cent in July, according to CoreLogic.
Luxury specialist Alex Pitsis is the new director of Ray White Sutherland Shire
Ray White has welcomed Alex Pitsis to the Sutherland Shire team as he takes on his new role…
Perth buyers soak up listings despite wet conditions in July
Perth's wet weather hasn't dampened buyers' interest, according to REIWA.
Rex Software celebrates 10 years servicing the real estate sector
Rex Software looks back at 10 years servicing the real estate sector and the major milestones they've enjoyed…
The ATO warns property investors to be aware of common tax return traps
The Australian Taxation Office (ATO) has reminded property investors to look out for common tax return mistakes that…
Sydney lockdowns could cause another Australian recession
68 per cent of Finder's surveyed experts believe Sydney's extended lockdown could be a catalyst for another recession…
PropertyMe celebrates reaching 4500 subscribers and 1.3 million properties
lian property management software company PropertyMe has surpassed their milestone of 4500 agency subscribers and is now used…
Auction volumes steady, clearance rate rises
This week’s preliminary clearance rate has edged higher and volumes remain on par with previous weeks, despite the…
Economy set to contract in September but house prices will still increase: Westpac
Westpac's forecasts are based on the Sydney Lockdown extending to end September; leading to a contraction of 7.8…
Coveted development site in Tweed Heads listed
Belle Property merges with WA-based agency Acton
Darren Cole launches Cole + Yarrow with co-founder Craig Yarrow
Darren Cole has launched Cole + Yarrow with co-founder Craig Yarrow
Sydney and Melbourne are the only capital cities with declining rental markets
REIA president Adrian Kelly said Sydney and Melbourne saw rents fall slightly, while other capital cities saw rents…
