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Industry News

Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.

News

Confidence returns to the property market

Confidence is slowly returning to property markets across the country, with demand for quality properties still remaining high according to experts.

building approvals
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Federal Government boosts housing packages ahead of the May Budget

The Federal Government has announced a raft of increases to national housing initiatives ahead of its May 9…

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The rate debate: 55 per cent of experts expect a rate rise

Despite the Reserve Bank of Australia (RBA) holding rates steady last month and inflation appearing to reach a…

Industry News

Australian housing downturn has likely ended with positive growth trend emerging

Three of Australia’s leading real estate data providers have suggested the property market downturn is over.

News

Ouwens Casserly wins AREAs Residential Agency of the Year

Transitioning to a shared leadership model forced upon them in difficult circumstances has been credited with Ouwens Casserly…

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REIV calls for an alternative to stamp duty

The Real Estate Institute of Victoria (REIV) has urged policymakers to do away with “lazy” taxes like stamp…

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Sydney’s Woollahra named most affluent Local Government Area

Waterfront locations dominate the list of Australia’s wealthiest LGAs, with Woollahra topping the list of the most affluent…

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Buyers increasingly focused on lifestyle and location: HTW

While interest rates and affordability have dominated the headlines, most home buyers are increasingly focused on access to…

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REA Group announces all the AREAs winners

Winners in the Annual REA Excellence Awards (AREAs) have been announced with Ouwens Casserly Real Estate taking out…

Industry News

Is the downturn over? House prices on the rise

Australia's property market is showing cautious signs of recovery, with house prices across the combined capitals increasing in…

News

Discovering the power of saying ‘no’ and living in the present moment: a journey of hope and charity

Learning to appreciate the present moment, zeroing in on what’s truly important and not putting all of your…

Industry News

Is another interest rate pause on the cards?

Inflation in Australia continues to fall, sparking hopes of a second consecutive interest rate hold next week.

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Two-speed demand splits rental market

A two-tiered rental market is appearing, with demand for rentals in capital cities soaring while in regional areas…

Industry News

Hockingstuart expands to fast-growing Sydney suburb of Bankstown

Group CEO Peter Hanscomb said the new office would be the first of many in the NSW market.

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Privacy webinar to get frontline professionals up to speed

To mark Privacy Awareness Week, O*NO Legal -  The Real Estate Agents’ Lawyer has redesigned its highly popular,…

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New data proves rent bidding occurs and new tenants more likely to see rent rises

In the past year, rents have increased for almost three-quarters of rental properties, up from about one-quarter each…

australian savings new low
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Half of households dip into savings to pay the bills

Households are being forced to dip into their nest eggs and even their kid's savings to try and…

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Regional areas and high-end Sydney suburbs lead the bounce back

Affordable regional areas and high-end Sydney suburbs dominate the list of locations experiencing a market bounce back, according…

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Byron Bay and Bright hotspots for capital growth

Would-be vendors in popular holiday destinations such as Byron Bay and Bright could be sitting on capital growth…

Industry News

RBA to undergo massive shake-up after review

The Reserve Bank of Australia will undergo a major shake-up that will see the governor hold a press…

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The Queensland regions where homes are under $500,000

Despite surging immigration and tight supply, it’s still possible to find a home in Queensland for under $500,000,…

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House hunting just got smarter: AI Dream Home helps buyers bring their imaginations to life

US-based listings portal realtor.com has unveiled an innovative, AI-powered property search platform that allows buyers to render their…

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Young Australians left with just $13 a day as rents soar

Students and young Australians are being hit hard by the ongoing rental crisis, with new data showing that…

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The top 8 TED Talks you absolutely must watch

Having an 'always learning' philosophy will take you far.

Industry News

Business partners branch out as new owners of Ray White Tauranga 

A big focus for Ray White Tauranga over the next 12 months will be recruitment.

Essential workers
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Essential workers paying two-thirds of their income on rent

Soaring rents across the country are hitting essential workers hard, with a new report finding they are paying…

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Is the shine starting to come off Airbnb?

The lustre of the short-term rental platform, Airbnb is starting to wane with a new report showing superhosts…

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Queensland’s ‘death by a thousand cuts’ – rental reforms could kill investment

The Queensland Government’s “constant onslaught” of legislative intervention in the state’s rental sector could “kill off” investment, according…

building approvals
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New dwelling commencements near decade low

New home starts across the country declined last quarter as the industry worries that a lack of new…

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Victorian property prices starting to stabilise

The pace of Victoria's property price decline has slowed, with new data showing values are stabilising.

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Rentals snapped up in record quick time

Rental properties are once again being leased at record fast rates.

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The real estate downturn hits the Metaverse

A couple of years ago the Metaverse was hot property, but just like in the real world, virtual…

Industry News

ANZ: Interest rates won’t rise again until August

One of Australia’s biggest banks has listed August as the next month when interest rates will rise, forecasting…

Industry News

Hobart records the highest price growth over the past 20 years

Sydney and Melbourne are regularly in the real estate headlines, but it’s a much smaller capital city that…

Industry News

LJ Hooker South West opens its third office as demand remains high in the growing regional market

Just five years after first opening its doors, LJ Hooker South West is set to expand again with…