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People’s life savings ‘must be protected at all costs’

ONE of the hottest topics for conveyancers and real estate agents is what has become known as “deposit flicking”. That’s the controversial practice where a buyer’s property deposit is either moved from an agency’s approved trust account to a third party to hold until settlement, or sent straight there. It may be marketed as a way of reducing admin costs, cyber-fraud risk and AML compliance. Sounds good but questions have been raised about who is accountable for the money and whether it is legally protected. Australian Conveyancer invited three industry leaders to discuss the matte

Another new homes sales fall signals tough year ahead – HIA

Share of homes sold for profit falls … to 95 per cent

Mortgage applications for first homebuyers drop sharply

Sellers holding back as economic conditions bite hard

‘Doing what we want’: Labor stands by housing tax moves

Governments must be careful with student numbers

Sydney leads the way in housing vacancy rates

SYDNEY has recorded the largest annual increase in available housing stock, according to a new report from SQM Research. Australia’s national residential vacancy rate held at 1.3 per cen

Downfall for rich state atop economic rankings

QUEENSLAND has usurped Western Australia at the top of Australia’s state economic rankings, as cracks emerge in the resource-rich state’s performance. WA slid two places to t

HIGHER home volumes led to a strong uplift in auction clearance rates last week, according to property data analysts Cotality. The preliminary combined capitals clearance rate increased

A HOST of Western Australian community housing providers have received a share in almost $900,000 to grow and deliver more social homes. The money to 19 CHPs comes through round one of t