Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Updated impacts on real estate businesses due to COVID-19
Recent national legislation due to COVID-19 has included a ban on traditional open homes and auctions, and a six-month moratorium on evictions. Here is how that is playing out in each state.
Mandatory code of conduct for Commercial Tenancies announced by Cabinet
Commercial Tenancies The National Cabinet agreed that states and territories would implement the attached mandatory Code of Conduct…
ATO introduces claim shortcut for working from home
The ATO has announced people working from home as a result of COVID-19 can claim a rate of…
Jon Snead of The Agency: The value of unexpected kindness
As more and more COVID-19 social restrictions came into play, Jon Snead of The Agency Neutral Bay found…
Clearance rate weighed down by withdrawn auctions
Over 3000 properties were slated to go under the hammer this weekend. But according to CoreLogic 45 per…
Progress made on code of conduct for commercial tenancies
The Property Council of Australia has noted today's direction from the National Cabinet for the development of an…
REIA president speaks out in support of the real estate industry
Isolated reports of agents giving financial advice are just that - and in no way reflect the broader…
The real cost of a repayment pause – and how you can minimise the fallout
CBA's announcement today that customers who take a six-month repayment pause will be refunded interest-on-interest charges during this…
Moratorium on evictions is not a free ride: Housing Minster
REIA president Adrian Kelly said he welcomed the Minister for Housing Michael Sukkar's words which were a clarification…
Safety, certainty and empathy: How real estate agents can help buyers and sellers during COVID-19
As part of our suite of tools for managing the business of real estate during COVID-19, Claudio Encina…
The real estate industry turns to virtual tours to keep it moving forward
COVID-19 is seeing the real estate industry rapidly ramp up its use of technology, with virtual tours among…
High volumes, lower clearance as auctions go online
Auction volumes were high, but as expected, the preliminary clearance rate took a hit across the capitals this…
Additional $1.1B relief package to help battling Aussies
More help will be given to millions of Australians battling the devastating impacts of coronavirus with a $1.1…
The Eview Group – Setting up for the comeback
As the real estate sector joins a host of other industries grappling with the impacts of COVID-19, Elite…
Kylie Walsh of DiJONES – A stronger industry, embracing change
As the real estate sector joins a host of other industries grappling with the impacts of COVID-19, Elite…
How a pandemic will shape communities
With the COVID-19 crisis changing the way we live our lives every day, it’s sometimes difficult to see…
REIA announces 2020 REIA National Awards for Excellence winners
The Real Estate Institute of Australia (REIA) announce the winners of the 15th National Awards for Excellence. Due to…