Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
NSW Court of Appeal restraint of trade case judgment offers lessons for employees and employers
The NSW Court of Appeal handed down its long-awaited judgment in the Agha v Devine Real Estate on Tuesday, upholding its decision against former shareholder and Director of Roger Agha - save for a reduction of the area of restraint of trade.
Reserve Bank Governor issues warning on housing prices
In a speech in Sydney on Wednesday, Reserve Bank Governor Dr Philip Lowe has issued a warning about…
Thinking outside the square renders new possibilities for BoxBrownie.com
Image marketing technology specialists BoxBrownie.com have launched an innovative cloud-based offering that can provide realistic CGI renders and…
Explore Property expands presence in Queensland
Explore Property is continuing to expand its footprint in the Sunshine State, with the group now having a…
Report finds fixing income equality key to addressing property ownership imbalance
A new report released by CoreLogic suggests addressing gender income equality could also help close the gender wealth…
Kim Gregory takes the reins as new President of Property Council’s NSW division
The NSW Division of the Property Council has elected a new President, with Kim Gregory, Investa Property Group’s…
You’d be mad to miss the rare opportunity to own Max’s Beach House
It’s one of the most renowned beach houses in the country and was also featured in one of…
Call for half of NSW social housing to be provided by not-for-profit providers
The Community Housing Industry Association NSW says 50 per cent of social housing investment should be delivered by…
The Agency launches China Desk service to capitalise on imminent demand
COVID-19 has dramatically changed the way we conduct our lives and the public health response by our state…
Five employees for the price of one
Innovate Property Group isn't Mark Spinelli's first tilt at starting a business, but lessons from the past about…
ListSure and Campaign Flow form partnership to ‘reshape the market’
Pay on success innovator ListSure has joined forces with pay later provider Campaign Flow to form a partnership…
‘Like throwing petrol on a bonfire’: Industry Super boss slams plan to use retirement savings for home deposits
Industry Super Australia has thrown cold water on the concept of allowing prospective homebuyers to access their superannuation…
Dave Neilson lands Eagle as RE/MAX honours 2020’s best
It was a full house at Brisbane’s City Hall on Thursday, February 25 for RE/MAX’s annual awards night,…
DiJONES extends footprint with three new offices on Central Coast
DiJONES has expanded its reach after opening three new NSW Central Coast offices in Terrigal, Avoca, and Erina.
ANZ innovation division launches digital offer solution Propps
A new white-labelled digital offer management solution for the real estate industry was released yesterday, allowing agents to…
Survey reveals pandemic has proven prosperous for proptech sector
A new study from the Property Council and Yardi Systems has found data analytics, business process automation and…
REIWA calls on parties to prioritise rental shortages
With Western Australia’s state poll less than a month away, the REIWA is trying to put the state’s…
Positive conditions forecast to continue according to REA Insights Property Outlook Report
REA Group's newly released Insights Property Outlook Report is tipping positive conditions to remain throughout 2021, with a…
Bay of plenty of interest with Central Coast’s 2261 postcode booming in 2021
Killarney Vale on the NSW Central Coast is attracting hordes of Sydney buyers every weekend to open for…
Spike in demand leads to rise in construction costs according to CoreLogic figures
The cost of construction in Australia rose by 1 per cent over the December quarter, according to newly…
Construction of new homes to hit record high in 2021
A record number of almost 130,000 detached homes are anticipated to commence construction in 2021.
The Agency takes reins as Australian Turf Club’s sponsor partner for three more years
The Australian Turf Club (ATC) has welcomed the appointment of The Agency as official commercial and residential real…
Inland Australia in vogue as rural areas record surge in house values
As large swathes of rural Australia emerge from long-running drought conditions, and the mining sector benefits from higher…
Proptech Association of Australia starts up dedicated awards for sector
The Proptech Association of Australia has just launched the first dedicated national awards for the nation’s property technology…
Realestate.com.au honours the top residential and commercial real estate agents across Australia
The most innovative, community-minded and highest-achieving individuals and businesses in property management and sales have been honoured today…
Net gains as Knight Frank study finds Aussies feeling the love for ace properties with tennis courts
Anyone for tennis? Judging by the results of new research by Knight Frank, the answer is a resounding…
RE/MAX makes virtual tours a reality after signing partnership with VTA
RE/MAX has added another dimension to open houses and its agents look set to attract a greater proportion…
RE/MAX agent blows Bribie Island record out of water with Banksia Beach sale
Bribie Island’s record sale price has been blown out of the water, with RE/MAX Advanced Bribie Island agent…
REA Group changes Track with rebranding of data and valuations business
REA Group has announced a rebranding of its property data and automated valuations business Hometrack, which will now…
Toronto ‘Schitt’s Creek’ Mansion still up for sale – (and so is the Rosebud Motel)
The popular Netflix show Schitt's Creek may have wrapped but the mansion that was once home to the…
Scarcity tipped to be a boon for Sydney market in 2021
Sydney’s property market has not only defied some of the dire predictions being talked about at the start…
Property Council welcomes NSW build-to-rent changes
The commencement of changes designed to implement a fit-for-purpose planning and tax regime to get build-to-rent housing off…
Kate Hanssen helps Eview boost Bass Coast presence
Phillip Island local joins forces with national network Eview Group, as they expand their presence across the Bass…