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Practice
Female conveyancers outnumber men five to one
Australian Conveyancer analysis of government figures dating back to the 1980s shows the fascinating change in the make-up of the industry.
News
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Regulation
Proposed AML legislation will make home buying more expensive
An anti-money laundering regime that will cost the property industry $2 billion a year will hurt small businesses and Australians buying and selling property.
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Economy
Rates on hold with more mortgage pain for households
Interest rates have been left on hold at 4.35 per cent – as they have been for 12 months – with the Reserve Bank remaining committed to its inflation fight.
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Property
Building times for apartment blocks shot up 80 per cent over a decade and a half
Apartment building times have increased from 18.5 months to 33.3 months – heaping even more pressure on government’s plans to build 1.2 million homes.
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Technology
Competition reform in eConveyancing back on the table
ARNECC set to meet to discuss the future of interoperability reform following a review by the Queensland government.
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Property
High housing sales are circling Sydney’s West
And how the Victorian and Queensland suburbs shaped up during September as the Spring selling season took hold.
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Property
Housing groups shore up support for build-to-rent bill
Senate urged to pass build-to-rent bill as new YouGov poll shows housing affordability is a priority for 79 per cent of Australians.
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Economy
Household spending ‘surprisingly soft’ despite tax cuts
More spent on essentials such as groceries and healthcare last month, with overall spending down in a sign of a still-cautious consumer.
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Economy
Building materials price slowdown a confidence boost
New data on building supplies and lending indicators points towards a boost for housing in 2025, according to the Housing Industry Australia.
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Property
Sydney home prices edge lower as slowdown expands
A dip in Sydney property prices will be welcomed by prospective homebuyers, with the city tipped to mimic Melbourne’s shallow downturn.
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Property
Home building approvals hit 15-month high but momentum must remain
Property and construction industry leaders welcome news of a home building recovery but say more needs to be done to solve the housing crisis.
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Property
Record number of scams reported to financial watchdog
Complaints about scams and financial hardship have grown by 81 per cent over the past year, according to AFCA.
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Property
State treasurer rattles tin for federal housing support
Federal leaders should be vying to fix the nation’s housing crisis with the offer of “real money” as voters prepare to go to the polls, according to NSW Treasurer Daniel Mookhey.
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Economy
Inflation at lowest level in three-and-half years but rate cuts unlikely until 2025
Under market expectations mark the lowest rate of headline inflation since March 2021 – but it’s unlikely to persuade the Reserve Bank to bring forward any rate cuts.
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Economy
Pandemic cash splash let inflation genie out of bottle
Inflation after COVID-19 would not have been so brutal if post pandemic support had been less wasteful and interest rates moved earlier, a review says.
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Economy
Everything points to a slowdown as property loses heat
House and unit prices may have found new record highs but interest rate cautiousness has tempered the pace of growth.
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Economy
Flight to affordable houses as mortgage fatigue sets in
Affordable house price growth is now outpacing the luxury market – while demand for prestige apartments is growing faster than cheaper units.
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Economy
New state emerges as nation’s best-performing economy
Western Australia’s economy has topped CommSec’s State of the States report for the first time in a decade.
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Practice
Meet the conveyancer who brings military know-how to his successful business
Nic Gould is deploying expertise and empathy from a career in the military to build a successful network of conveyancing firms in Queensland.
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Economy
Shortage of shovel ready land is deteriorating further
The median price of a residential lot in Australia reached $351,044 in the June Quarter 2024.
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Regulation
Banks at odds over easing lending restrictions
Easing lending requirements so more first homebuyers can get a mortgage has received mixed reviews, with warnings more borrowers would face crippling debt.