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Laws blocking dirty cash from Australian property a step closer

Laws blocking dirty cash from Australian property are a step closer after the Federal government unveiled measures that will make professions such as accountants, lawyers, conveyancers and real estate agents more accountable. Reforms to anti-money laundering and counter-terrorism financing laws were introduced to federal parliament on Wednesday in a bid to crack down on offenders. Under the changes, businesses recognised as high risk for money laundering and terror financing will face more regulations to make it harder for criminals to use businesses as a front. Industries identified

NSW declares war on red tape to fix housing crisis

Buyers’ market continues to strengthen

Economy growing at slowest pace since 1990s recession

Housing market recovery tied to interest rate outlook

Energy rebates mask sticky inflation

Spring selling season above 2,000 for fourth week

House approvals take far too long to get council sign-off

VOICES

States and territories created this problem. They need to step up to solve it in the interest of their citizens.

— Assistant Minister for Competition Andrew Leigh on eConveyancing reform delays.

VOICES

Running your own business is one of the most empowering, daunting, and thrilling experiences. It can also be lonely.

— Property Council Qld chief Jess Caire on running a practice.

VOICES

Overall, the demanding nature of the job can take a toll on a conveyancer’s mental and physical well-being.

— AIC Victoria president Shakila MacLean

VOICES

I know there are many households and small businesses that are struggling with interest rates where they are.

— Reserve Bank governor Michele Bullock

VOICES

When a solicitor identifies a legal risk but considers they are unable to advise, they should liaise with their client about seeking specialist assistance.

— NSW Law Society guidance update

VOICES

We are behind the eight ball some decades against most of our competitors.

— Property Council CEO Mike Zorbas on the need for foreign capital to fund building projects.

VOICES

The industry needs 500,000 extra people into our sector if we are going to build those 1.2 million homes,

— MBA chief executive Denita Wawn.

Apartments drive new building approvals

New home building approvals hit a 14-month high during the first month of the National Housing Accord, according to the Australian Bureau of Statistics. While the overall figure for approvals for new housing rose 10.4 per cent in July – after a 6.4 per cent June decrease – the main reason for the turnaround was a surge in unit approvals which rose 32.1 per cent. The figur

Build-to-rent plan may solve the housing puzzle

AUSTRALIA’S stunted build-to-rent sector needs more government backing and certainty over tax rules to help solve the housing crisis. While build-to-rent (BTR) makes up five per cent of the new builds in the UK and 12 per cent in the USA, it stands at just 0.2 per cent in Australia. The low percentage has prompted peak industry bodies and big players to call on the Albane

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Australia stepping up to the challenge

Australia’s most desirable suburbs revealed

Homeowners in a handful of desirable suburbs are holding onto properties for upwards of two decades. The tightest held suburbs in the country, according to real estate data firm PropTrack’s list, are often well-connected, have good schools and services, and are close to beaches, parks or other amenities. Topping the list was Church Point, in Sydney’s northern beache

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Staying connected and staying on top

The conveyancing industry is in a continued state of change these days, say AIC Victoria vice-president Linda Cameron. But there is at least one constant amidst the evolution … the highly experienced practitioner’s passion for passing on her knowledge.

Ann tech-savvy and heartfelt approach to customers

ANN BLANNIN-FERGUSON

QLS enters a new era: Help where it’s needed

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2024: THE ANNUAL INDUSTRY CHECK-UP

AUSTRALIA SHUTS THE LAUNDRY DOOR

SUBURBAN SHIFT:
WE’RE MOVING OUT.

CONVEYANCERS:
WE’RE COOKED

THRIVING IN THE AI REVOLUTION

AN INSPIRATION
TO ALL OF US

FIGHTING THE
FORCE OF NATURE

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