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First home buyers winners in NT budget
Author: AAPDate: May 22, 20076:29:09 PM (1281 Reads)
First home buyers in the Northern Territory will get a better deal than anywhere else in Australia other than Queensland following Tuesday's $3.3 billion territory budget.
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Spence announces new sponsor for Neighbourhood Watch
Author: Troy DaviesDate: May 22, 20076:04:39 PM (1221 Reads)
Queensland’s Neighbourhood Watch program has a new sponsor, Minister for Police Judy Spence announced today.
Ms Spence said the Real Estate Institute of Queensland has agreed to sponsor the program for the next three years. Read More...
Red Tape Strangles Housing Supply
Author: Simon Tennet, HIADate: March 07, 20073:21:28 PM (1458 Reads)
Delays with development assessments and the associated blow out in holding costs is hurting the new housing sector.
Dwelling approval figures released today for the month of January show further falls in the approval of new houses, down by 2.2 per cent over the month. For flats units and townhouses, approvals rose 2.2 per cent but this wasn’t enough to stop the overall fall in total approvals, down 0.9 per cent for the month.
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Half A Million Australian Households In Housing Stress
Author: HIA press releaseDate: February 28, 20073:32:04 PM (971 Reads)
The continued decline in housing affordability, if left unchecked, may see an escalation in the number of homeless Australians, the Housing Industry Association warned today. Soaring rents and a higher incidence of mortgage stress are placing unprecedented pressure on lower-income families.
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Looming Rental Crisis in NSW
Author: REINSWDate: January 10, 20071:08:07 PM (1068 Reads)
NSW faces a rental crisis unless the State Government takes action to encourage investors back into the property market, the Real Estate Institute of NSW (REINSW) said today.
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Thinking of Buying a Holiday Home? Then Think Carefully, Says First National Real Estate
Author: First National Real EstateDate: January 08, 20072:12:19 PM (870 Reads)
So, you’ve fallen in love with the beachside cottage you rented for your summer holidays – so much so, you’ve decided you absolutely want to try to buy your own.
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In 2006, title fraud top real estate story
Author: Bob AaronDate: December 31, 20069:53:30 AM (932 Reads)
Looking back on 2006, there can be no doubt that the real estate story of the year was title fraud. No other issue in this field seemed to fascinate and horrify the public as the victims' plight.
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BUNNINGS TO ANCHOR EXPANSION OF GREAT WESTERN SUPER CENTRE
Author: Multiplex LimitedDate: December 13, 20062:39:09 PM (514 Reads)
Brisbane, Australia, December 13, 2006: Australia’s leading hardware and home improvement retailer Bunnings Warehouse has signed on as the major tenant of the new development adjoining the Great Western Super Centre at Keperra.
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HOME LENDING TO STAY FLAT AS HIGHER RATES IMPACT
Author: Peter Jones - Master Builders AustraliaDate: December 08, 20062:49:01 PM (692 Reads)
Housing finance approvals for owner occupied housing fell for a second month in a row in October as higher interest rates continue to take the edge off demand, according to peak building and construction industry organisation, Master Builders Australia.
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Property buyers can pounce as sellers reel from rate rise pain
Author: Andrew DonnellyDate: November 15, 20062:11:20 PM (1106 Reads)
11/11/06
WHILE many in the housing market are reeling from the latest interest rate rise, those who are thinking of investing in property are set to benefit from falling house prices and rising rents. Read More...
Rental Market Should Ring Alarm Bells In Macquarie Street
Author: Cristine CastleDate: November 08, 20066:34:38 PM (827 Reads)
Released 30 October 2006
BIS Shrapnel’s claim that residential rents in Sydney will rise by 40% over the next four years, coupled with the Real Estate Institute of NSW’s own Vacancy Rate Survey showing that rental properties in the city are scarcer than at any time in the past six years, should be ringing alarm bells in Macquarie Street, REINSW President Cristine Castle said today.
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REINSW Opposed to Tenancy Auctions
Author: Cristine CastleDate: November 08, 20066:30:58 PM (895 Reads)
Released 31 October 2006
Real Estate Institute of NSW President, Mrs Cristine Castle, said the emergence of tenancy auctions in the ACT should not be a precursor for similar auctions in NSW.
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A Great Time to Buy in Sydney
Author: Cristine CastleDate: November 08, 20066:27:22 PM (979 Reads)
Released 3 November 2006
September Quarter house and unit price figures released today by Australian Property Monitors (APM) show that it’s a great time to buy real estate in Sydney with house prices in Perth poised to become the nation’s most expensive.
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Rate Rise Worsens Investment Drought
Author: Cristine CastleDate: November 08, 20066:20:36 PM (922 Reads)
Released 8 November 2006
REINSW President, Mrs Cristine Castle, today called on the NSW Government to abolish land tax on all residential investment and provide stamp duty relief to over 65s to counter some of the impact of today’s interest rate rise by the Reserve Bank of Australia (RBA).
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Investor Association (PIAA) Gives Property Investors a Head Start With its 5 Star Rating System.
Author: PIAA EditorDate: August 21, 20066:16:21 PM (1003 Reads)
The Property Investors Association of Australia Inc (PIAA) has released the rating of its first rated property development. PIAA’s 5 Star rating System for property developments provides investors with professional levels of research information helping them better assess investments opportunities.
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NSW Vendor Tax...... Gone at Last!
Author: EditorDate: August 04, 20055:00:29 PM (1070 Reads)
Sydney, 3rd August 2005. NSW's new Labour Premier, Morris Iemma, on his first day in office, withdrew the exit tax on properties much to the elation of Real Estate investors in NSW.
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ASIC examines votes at Henry Kaye Creditors Meeting
Author: PIAA EditorDate: March 21, 20049:59:49 PM (1183 Reads)
04-042 ASIC examines votes at meeting of Henry Kaye creditors
Thursday 19 February 2004
The Australian Securities and Investments Commission (ASIC) has required Mr Andrew Hewitt of Grant Thornton, the Administrator of National Investment Institute Pty Ltd (Administrator Appointed) (NII), to provide to ASIC all documents relating to the voting that occurred at today's meeting of NII creditors.
Thursday 19 February 2004
The Australian Securities and Investments Commission (ASIC) has required Mr Andrew Hewitt of Grant Thornton, the Administrator of National Investment Institute Pty Ltd (Administrator Appointed) (NII), to provide to ASIC all documents relating to the voting that occurred at today's meeting of NII creditors.
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