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The week that was in property | November 29th

Here’s this week’s property market wrap with a summary of  the news that happened… Finance News: The Australian Prudential Regulation Authority (APRA) released their quarterly analysis of authorised deposit-taking institutions (ADIs) exposure to property for the September quarter earlier this week and you can read a lot more about it in our blog. The data showed that…


Did you know rental properties don’t need a toilet?

Did you know there are no minimum standards required for a rental property? Victoria  currently has no requirements that a rental property be heated or even weatherproof and the Victorian Parliament recently rejected a bill to introduce minimum standards for rental properties, such as requiring that they have a toilet. According to the rejection means…


The ban on auction price guides is ridiculous | John McGrath

In John McGrath’s latest Switzer column he discusses the upcoming changes  to auctions in the Queensland property market. He says: From December 1, 2014 agents in Queensland will no longer be able to advertise a price guide on properties listed for sale by auction. They also won’t be able to even discuss price with buyers – leaving them to play a guessing…

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Mining towns crash | Pete Wargent

Deloitte may have been somewhat premature to warn of the mining investment boom peaking in 2003, 2004, 2005, 2006…2012, but this quarter we should finally get confirmation that we are in for some dramatic declines. In the March quarter, engineering construction finally looked set to start in earnest and recorded a seasonally adjusted decline of…


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