Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 the coveted Residential Agency of the Year Award.
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…
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…
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.
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…
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.
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,…
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…
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…
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…
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…
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…
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,…
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…
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…
The top 8 TED Talks you absolutely must watch
Having an 'always learning' philosophy will take you far.
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 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…
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…
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…
New dwelling commencements near decade low
New home starts across the country declined last quarter as the industry worries that a lack of new…
Victorian property prices starting to stabilise
The pace of Victoria's property price decline has slowed, with new data showing values are stabilising.
Rentals snapped up in record quick time
Rental properties are once again being leased at record fast rates.
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…
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…
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…
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…
Interest rates and population growth lead to extreme property price swings
Falling interest rates, a rising population and demand for better-quality homes are some of the main reasons for…
Perth rent rises a “certainty” amid tight supply
Rents have jumped 17 per cent across Greater Perth since April 2022, with house price rents in Morley…
Are the proposed Privacy Act recommendations a regulatory overreach?
The Real Estate Institute of Australia (REIA) has called on Attorney General Mark Dreyfus to keep the Privacy…
Explore Property opens in Rockhampton
Explore Property leader Andrew Acton said Rockhampton has been a very buoyant market and will continue its strong…
The Aussie real estate magnates among Forbes’ top billionaires
Eight Australia real estate and property development magnates have made Forbes’ annual World Billionaires List for 2023.
Sydney ranks 6th for luxury property rental growth
Prime rents in Sydney surged 6.7 per cent in 2022, placing the city at number six on the…
New laser beam technology to improve building inspections
Building inspectors could soon be shooting laser beams in a bid to create faster and more effective inspections…