Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 can delay refunds or lead to an audit, costing taxpayers' time and…
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…
Property Council welcomes NSW construction restart
Gap between median house and unit prices breaking records
The price premium of houses over units has continued to emerge since March last year, as stage two…
Pandemic fuels regional migration and pushes property prices up
Across the country, prestige and regional markets have seen incredibly positive results over the past year, but other…
Developers help preserve endangered Australian species
Ray White’s emerging elites forge ahead
RE/MAX business launches in lockdown
REI Super ranked eighth best performing fund across Australia
REI Super was ranked the eighth best performing super fund by the Australian Financial Review for the last…
Most millennials believe the housing market needs more regulation
The majority of millennials (70 per cent) believe the housing market should be more heavily regulated, according to…
Western Australian regional centres enjoy a spike in house prices
Eight of WA's nine regional centres have experienced growth in median house sale prices throughout the June 2021…
Overseas investment in US homes falls to the lowest level in a decade
Overseas buyers purchased US$54.4B worth of existing homes in the US from April 2020 through March 2021. This…
Industry leaders respond to Labor’s negative gearing pledge
ALP leader Anthony Albanese has pledged his part will not restrict negative gearing or increase capital gains tax…
Investors and owner-occupiers leap onto the booming Gold Coast market
While owner-occupiers want to downsize, investors are focused on the Gold Coast in the wake of historically low…
ALP pledges not to restrict negative gearing or increase capital gains tax
Australian Labor Party leader Anthony Albanese has pledged not to strict negative gearing or increase capital gains tax…
Why current restrictions will have different impacts to Melbourne’s 112-day lockdown last year
Ray White chief economist Nerida Conisbee has analysed the parallels between Melbourne's 112-day lockdown last year and what…
Australian residential auction market records the busiest period in four years
The three months to June proved the busiest auction period since December 2017, according to new insight from…
Demand from South Australian residents drives Adelaide’s price growth
Adelaide's real estate market grew by almost 14 per cent over the last financial year, according to Raine…
Luxe Listings Sydney star Gavin Rubinstein is the first Ray White agent to reach ‘elite’ status this financial year
Luxe Listings Sydney star Gavin Rubinstein has kicked off the new financial year on a very high note.
Auctions continue to net higher prices: Ray White
Regardless of whether they occur online or on site, auctions are more likely to result in a higher…
Fewer properties taken to auction due to multiple lockdowns
There were 1849 homes taken to auction across the combined capital cities this week, resulting in a preliminary…
