Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Budget 2020: Business investment package a chance to go green
The Green Building Council of Australia has welcomed the 2020 Federal Budget, and hope the landmark business investment package will result in construction companies purchasing to energy efficient equipment.
Cutting JobSeeker payments will cause crippling rental stress in our cities
The Government's COVID income support is about to reduce, and according to modelling, that could pose a major…
What the Federal Budget means for real estate
"We have a plan to create jobs, rebuild our economy and secure Australia’s future," said PM Scott Morrison,…
RBA holds cash rate at 0.25%
Many predicted that the RBA Board would be announcing a drop in the cash rate to 0.1 per…
First Home Loan Deposit Scheme is flawed: REIA
Changes to the Australian Government's First Home Loan Deposit Scheme that allocate 10,000 new grants only to those…
Clearance rate down slightly as volume decreases due to long weekend
Clearance rate down slightly as volume decreases due to long weekend Auction volumes were lower this weekend, as…
Queensland’s tourism towns are mortgage holiday hotspots
With Queensland tightly locked down during the pandemic, the only holidays taking place in the Sunshine State were…
It’s about to become easier to lend irresponsibly, to help the recovery
The softening of lending conditions is designed to spur on the housing market, but academics are concerned it…
Byron Bay price record smashed again
A sprawling property on Wategos Beach was on the market for less than a week before breaking the…
Mirvac ramps up build-to-rent projects
Mirvac are betting on the build-to-rent market in a big way, with plans to develop and manage 5,000…
A milestone for The Agency
The 2019/20 financial year has been described as ‘a milestone’ for The Agency, with the group delivering its…
Scott Morrison names six priority areas in $1.5 billion plan to boost manufacturing
In the lead-up to this year's delayed Federal Budget, University of Canberra Professorial Fellow, Michelle Grattan, outlines just…
Melbourne and Sydney drag down an otherwise strong September
September saw an impressive turnaround for housing sentiment across six of the eight capital cities, with an increase…
JobMaker Digital Business Plan simplifies paperless transactions
The announcement this week of the Federal Government's JobMaker Digital Business Plan has been welcomed by REIA President…
ACM and realestateview.com.au launch JV
Australian Community Media has teamed up with realestateview.com.au to form a new join venture, in which they will…
Perth rental listings hit eight-year low
Rental listings in Perth continued to drop in September.
Early Access
Domain has launched an innovative new platform that’s set to “turbocharge” the value agents can offer vendors shortly…
Buyers keen but sellers hesitant in an uncertain market
With COVID-19 restrictions continuing to ease just in time for the spring selling season, the property market is…
Dwelling approvals fell in August
"The decline was driven by private sector dwellings excluding houses, which fell 11.0 per cent."
NSW Fair Trading issues clarification on mandatory COVID-19 Safety Plans
We have republished their article below, with the clarifications made by Fair Trading in bold.
Common COVID-19 cleaning mistakes in the workplace
Lisa Macqueen reveals the eight common health and safety mistakes that workplaces are making on their premises
Mortgage approvals hit pre-COVID levels months ago
New ABS housing finance data shows that mortgage approvals across the country hit pre-pandemic levels in July.
Queensland’s property market defies pandemic predictions
Queensland’s real estate market has overcome predictions of property price falls as a result of the COVID-19 pandemic.
The Block’s winning bedroom borrowed from Byron designer
Block contestants Luke and Jasmin were thrilled after scoring a perfect 30 for their jungle-themed children's bedroom on…
The unassuming house with a skatepark inside
From the road, you'd never imagine that the unassuming house above contains an entire skatepark that draws professional…
Universities will need to sell $25b real estate portfolio
The Australian university sector is in dire straits, with Universities Australia predicting losses of $16 billion across our…
Houses v units: the risk gap for investors widens further
The difference between buying a house and buying a unit rental property has never been more pronounced, according…
Sydney mansion breaks national auction record, selling for $24.6m
Sydney enjoyed an impressive weekend of auctions, with the clearance rate hovering just under 75 per cent, and…
Auction clearance rate holds above 70 per cent
The preliminary clearance rate continues to defy expectations, holding above 70 per cent for the second week in…
Private inspections back on in Victoria
The Real Estate Institute of Victoria has welcomed the announcement today by the Premier of Victoria, Hon. Daniel…
QANTAS may soon be your new landlord
Qantas is subletting roughly 25,000 square metres of office space in Sydney, Melbourne and Hobart.
Simpler home loan rules to fuel Australian economy
Reforms announced by the Morrison Government that will streamline and loosen the progress of applying for home loans…