Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Private inspections back on in Victoria
The Real Estate Institute of Victoria has welcomed the announcement today by the Premier of Victoria, Hon. Daniel Andrews, MP that private inspections for purchase or leasing of properties, can recommence from 11:59 pm Sunday 27 September 2020. “This is great news for Victorians and should be seen as a…
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…
Real estate is an essential service: REIQ
As the Queensland State election looms, REIQ have called on political parties to "not forget the critical contributions…
REINSW blasts NSW Government: “We expected better”
The Real Estate Institute of New South Wales (REINSW) has blasted the NSW Government's decision to extend its…
Should landlords be incentivised to make rentals energy efficient?
The Australian Housing and Urban Research Institute have released a 75-page report that proposes tax breaks and financial…
Planning reform will add $5.7b to economy: PCA
The Property Council of Australia are urging the various state and territory Governments to implement at least one…
Australia should aim for zero-carbon buildings by 2030
The Australian Institute of Architects has welcomed the Government's recently-announced $1.9b investment into lowering emissions, but urges the…
Domain to offer a real estate marketing edge with new ‘Early Access’ product
Early Access, a new product from Domain, is designed to match high-intent property seekers to properties in close…
House prices set for a 15 per cent surge: Westpac
The economists have mapped out a four-stage housing cycle that they believe will lead to this surge.
Greens SA introduce ‘Renting with Pets’ Bill
The Greens Party have today introduced a “Renting with Pets” Bill into South Australian Parliament. Currently the default…
Queensland’s border may open to Sydneysiders in under a fortnight
More hopeful border news, following on from the pending reopening of South Australia to all NSW residents, and…
Dexus CEO warns of “far more painful” recession if work-from-home continues
"People will sit there and say it's the death of the office, but I don't think that's the…
OpenLot portal has thrived through pandemic
After launching earlier this year, digital property platform OpenLot has gone from strength to strength, with the pandemic…
Survey: Rent is easier to pay, but renters see a grim future
Renters are finding it easier to make their rental payments than at the start of the COVID-19 crisis,…
HIA welcomes relaxed Qld border restrictions
Thousands of builders and tradies working either side of the NSW/QLD border will breathe a sigh of relief…
PCA call for six-month Home Builder extension
Recent research by the National Housing Finance and Investment Corporation predicted that demand for housing in Australia would…
Drop in migration to cause drop in Aussie housing demand
The global COVID-19 pandemic could cut demand for housing in Australia by between 129,000 and 232,000 dwellings over…
COVID-19 Safety Plans now mandatory for NSW open homes and auctions
COVID-19 Safety Plans are now mandatory for open homes and auctions.
Highest preliminary clearance rate since March
Foreign investment fee an “outrageous impost” that will hurt economy: PCA
Proposed legislation that will increase the cost of foreign investment applications fees has been slammed by the Property…
Focus and discipline
A long tenure at Google taught Domain CEO Jason Pellegrino valuable lessons on how to get comfortable with…
REIWA point to Qld’s example as the way forward for WA
REIWA President Damian Collins has commended the Queensland Government's handling of the COVID-19 legislation
“Mr Premier, I don’t think you understand” – REIV
REIV announce the start of a public campaign urging the government to reconsider their decisions, with the hashtag…
$52.5m greener buildings package welcomed
The Property Council of Australia has welcomed today's announcement of a $1.9 billion package of investment in future…
The pandemic has changed what buyers want, and developers are following suit
The pandemic has changed how and where people want to live, and what features they are now looking…
Qld eviction freeze to be lifted in under two weeks
From September 30, the Queensland Government will lift its ban on the eviction of residential tenants unable to…
Outdoor auctions now allowed in regional Victoria
Some good news has come at last for the Victorian real estate industry.
HomeBuilder will keep residential building industry afloat in December Quarter
The HIA New Home Sales report indicates that HomeBuilder will support building activity and protect jobs in the…
Vic Government passes “fundamentally flawed” retail leases bill
The Victorian Government yesterday passed the Retail Leases Amendment Bill.
REIA urges Daniel Andrews to restart Victorian property market
REIA urges Victorian Government to safely restart Australia's second biggest property marketThe REIA joins with the Real Estate…
