The NSW government is set to consider allowing development applications over a certain size to be automatically deferred to independent planning panels.
‘Long overdue’ WA strata title reform welcomed by industry leaders
Leading industry bodies, including the Real Estate Institute of Western Australia, have welcomed the Western Australian State Cabinet's decision to continue with strata title reforms.
Reflecting on the 2017 budget, Point Polaris Director, Andrew Hogan, weighs in on the implications for Australia’s property industry and considers the effects of foreign ownership of new developments being capped at 50 per cent.
Budget not enough to help affordability in Sydney, Melbourne, but good news for the rest of Australia
The budget's First Home Super Savers Scheme might alleviate some housing affordability pressures, but is unlikely to help first-home buyers who want to live close to the city in Sydney and Melbourne.
"If a family or an individual has a roof over their head that they can rely on, then all of life's other challenges become more manageable." Scott Morrison, 2017 Budget speech.
For every property they are marketing, Victorian agents must now provide a fact sheet with comparable sales, median prices, and estimated sale price, under new underquoting laws that come in today.