National

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    McGrath Limited (ASX: MEA) announced its FY19 first-half results, showing an 18 per cent drop in revenue. A release to the ASX points to the subdued market conditions having an impact on performance, resulting in an  EBITDA loss for the first half of $2.5 million. This result comprises the previously reported first-quarter loss of $1.9 million and a reduced second-quarter…

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  • Domain Holdings (ASX: DHG) released it’s 2019 half-year results on Friday, with the portal reporting a net loss of $156.4 million for the six months to December 2018. A non-cash goodwill write-down of $178.8 million drove the results into the red. Excluding this, Domain reported: Revenue growth of 0.3 per cent to $183 million EBITDA of $52.7 million Net Profit…

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  • news

    RE/MAX Australia have announced its top performers of 2018, as more than 450 agents made their way to The Star on the Gold Coast last night. The evening formalities hit off with the announcement of the networks ultimate individual honour, The Eagle Award. The prestigious award went to siblings Travis and Tandi Gill, broker-owners of RE/MAX Advantage, located in Brisbane’s bayside…

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  • National Australia Bank’s digital subsidiary UBank, looks set to launch the world’s first digital human. UBank has named it’s newest member MIA (My Interactive Agent), who will look to target the home loan sector. Mia is enabled with voice detection and situational awareness, whilst also being able to respond to questions 24 hours a day. These specific characteristics have been…

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  • Flat-fee based agency Purplebricks have appointed digital agency King Kong to create digital marketing strategies and campaigns across Google Ads, YouTube pre-roll and Facebook. “As a disrupter in the real estate industry, we needed a campaign to match our agile, results-focused approach. So King Kong was the perfect fit,” Purplebricks Australia CEO Neil Tavender said. “Purplebricks Australia is growing rapidly…

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  • Realestate.com.au will be the official online property partner for the 2019 Toyota AFL Premiership Season. In addition to the official online property partner of the AFL, realestate.com.au will also be the naming rights partner for the AFLX 2019. The agreement builds on realestate.com.au’s existing sponsorship with the Sydney Swans, which will continue in 2019. REA Group General Manager Brand, Marketing and…

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  • The long-awaited final report from the banking Royal Commission has been handed down. The report, received by the Morrison Government on Friday 1 February and released publicly Monday 4 February, has suggested sweeping changes to the industry and 76 actionable recommendations. Commissioner Kenneth Hayne’s final 530-page report and 76 recommendations have been welcomed by the Federal Government and Labor, who…

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  • news

    Yesterday (5 February 2019), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 26th consecutive meeting. “Inflation remains low and stable. Over 2018, CPI inflation was 1.8 per cent and in underlying terms inflation was 1¾ per cent,” said RBA Governor Dr Philip Lowe. “Underlying inflation is expected to pick up over the next…

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  • Century 21 has announced a multi-year partnership with Seven West Media that will see the new look Century 21 brand, properties and agents promoted across several media assets. Home Beautiful will feature the Century 21 brand on the cover of the magazine and exclusive Century 21 property listings within it in 2019. Century 21 agents and branding will also feature…

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  • real estate news

    In an Australian first, LIDA (Australasia) – Landlord and Investor Database for Agents – has developed a Landlord Report Card, giving property managers insight into landlords before they take them on as clients. Up until now, landlords have had the ability to swap and change agencies and property managers at will, with no information available to the new management on the…

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  • Ipswich Real Estate’s Dylan Ansems and Jason McNamara are savvy users of technology. When they listed a property in Woodend, their Click2Offer system sent an email to alert all parties interested in property that it was now open for online offers (over $365,000). When the email notification popped up on one parties phone, she immediately registered and made her first offer…

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  • Several members of the real estate industry have been recognised in the 2019 Australian Day Honours, receiving recognition for the work they’ve done both for the industry and for their communities. 2019 saw 1,127 Australians recognised on the Australia Day list – the largest number in the history of the Order of Australia. Among those recognised were several members of…

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  • In partnership with youth publishing group Pedestrian. TV, realestate.com.au has released the 2019 Renters Report which provides a snapshot of young Australian renters and the issues facing them. The report highlights some surprising statistics around living conditions and rental stress in 18 to 39-year-old Australians. It surveyed 3,500 respondents nationally through quantitative research methods, as well as taking a qualitative…

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  • National real estate network @realty has signed a five-year partnership with the Gold Coast Suns Football Club as an official sponsor of the team’s coaching staff. @realty will be the Gold Coast Suns’ exclusive real estate partner and senior coach Stuart Dew’s first corporate partner. The partnership has been forged as @realty prepares to expand its operations into the Northern Territory,…

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