Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Housing data lab gets $1 million funding to solve housing crisis
The City Futures Research Centre (CFRC) at UNSW Sydney has been awarded a $1 million grant by the office of the NSW Chief Scientist to create a new lab to help analyse the ongoing housing crisis.
Luxury living: Byron Bay’s $100M Secret Garden
A $100 million luxury, residential development that promises to bring the spirit of the Byron Bay hinterland to…
New listings jump in April as confidence rebounds
Vendor confidence is returning across the country with new listings surging 3.8 per cent last month according to…
Facebook is shutting down Workplace
Meta, the parent company of Facebook, has announced it’s shutting down its enterprise communications business Workplace.
Successful real estate business rebrands to RE/MAX Aspire
Successful businessmen and brothers, Jarryd and Ryan Fisher, have built their real estate business on a solid basis…
McGrath Townsville giving a little means a lot
Long time Townsville residents and business owners Kaye and Brad Matheson love nothing more than to give back…
New Zealand resellers still seeing red
Prices are still favouring buyers in New Zealand, with new data showing that increasing numbers of resellers have…
Federal Budget reaction: Why it won’t solve the housing crisis
Real estate and housing experts across the country have weighed in on Tuesday’s Federal Budget, simultaneously giving the…
Australian underinsurance hits crisis levels
Australians are putting their homes and livelihoods at risk by underinsuring their homes according to an insurance expert.
Donald Bradman’s childhood home hits the market
The childhood home of Australia’s greatest ever sportsperson, Sir Donald Bradman, is on the market after a meticulous…
Mandurah is Australia’s fastest growing city
Mandurah, on the southwestern coast of Western Australia, has been named as the fastest growing city in the…
What’s in the Federal Budget for real estate?
Treasurer Jim Chalmers has delivered his third Federal Budget, forecasting a surplus of $9.3 billion, handing out almost…
Family-friendly workplaces boost work-life balance
Employees who work in family-friendly workplaces have better work-life balance and less stress according to a new survey.
Australia’s 20 largest property groups keep growing
Australian property has been strong over the past 12 months which is also driving up the value of…
Stubborn inflation means rate cuts might not arrive in 2024
Australians hoping for an interest rate cut this year may be setting themselves up for disappointment with persistent…
Budget funding positive but not enough to solve housing crisis
The property industry has largely welcomed the Federal Government’s housing funding, announced ahead of today’s budget, but there…
New build smashes Manly price record
In a record-breaking sale, a newly constructed home in Fairy Bower, Manly, is believed to have smashed the…
The Zillow Gone Wild TV series set to premiere
A new Zillow Gone Wild TV series has premiered in the US, inspired by the popular Instagram account…
Judge approves NAR settlements after late bid fails
Despite a last-ditch bid to halt settlement proceedings in the NAR commission case, a judge has given his…
LJ Hooker calls on the government to help homeowners ‘right size’
The upcoming Federal Budget is an opportunity for the government to tackle the housing crisis by boosting construction…
Are safe rooms the modern home’s new ‘must-have’ feature?
Once purely the domain of Hollywood films, safe rooms are becoming an increasingly popular property feature, both here…
Community and compassion: how Matt Plunkett uses his real estate skills for charity
Matt Plunkett’s no stranger to calling an auction, but there are two each year that mean a lot…
Matthew Harvey joins Clarke & Humel on Sydney’s Northern Beaches
Clarke & Humel has embarked on the next phase of its growth strategy, appointing distinguished industry leader, Matthew…
REA Group reports surge in revenue growth
REA Group’s revenue has spiked 20 per cent on the back of strong Australian residential and commercial yield,…
NZ FHB’s making the most of lower prices
New Zealand first-home buyers have capitalised on lower property prices and other incentives, making up more than one-quarter…
Australian housing is ‘far from equitable’ and getting worse
The Australian housing system is likely to get worse for years to come unless the government fulfils all…
Deadline approaching for NSW assistant agents to extend their certificates
Eligible assistant agents in NSW have until 22 June 2024 to apply for an extension of their certificate…
WA Government dangles $5000 carrot to fill empty homes
The Real Estate Institute of Western Australia (REIWA) has welcomed a new State Government scheme that will offer…
Interest rates on hold but future hikes not ruled out
The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent at its May…
Slower growth ahead for Australian farmland
Australian farmland prices are set for further growth in the year ahead, but the pace is going to…
Brisbane’s ‘jaw’ dropping shark house
A house shaped like the jaws of a shark has been making a splash with the locals in…
How to transform neglected clients into lifelong partners
Staying in touch with past clients well after a property has settled is one of the fundamental ways…
Overseas immigration pushes rents higher in the inner city
Overseas immigration is driving up rents and the impact is being felt most of all in inner city…
The $6000 bus transformed into a funky weekender
An old, run-down Bedford Bus has been transformed into a funky weekender that also helped the owners earn…
Why Perth’s still not an auction market
Despite Perth property prices surging at the fastest rate in the country, agents and vendors are still reluctant…