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News

Keeping up with the latest updates on the real estate industry is now a breeze with Real Estate Business’ News category. This section contains breaking news stories on topics such as property management, real estate business marketing and regulation.

Aussie uses Origin to slash SVR

Aussie Home Loans is looking to slash the interest rate on its standard variable loan for all new borrowers. Aussie will give its customers a 0.01 pe...

RE/MAX slams housing minister’s land promise

Western Australia housing minister Bill Marmion’s promise to "flood the market with land" has been branded as political “hot air” and “totally...

New “premium address” in Canberra

Rising interest rates have not dampened sales activity in the Canberra market, with 90 residential units in a developmental block in the inner-city su...

Housing supply crippling Australia: HIA

Australia urgently needs a housing reform, Housing Industry Association chief economist Dr Harley Dale has said. According to Mr Dale, reducing the s...

Auction rates climb slightly

Auction clearance rates improved this weekend in Brisbane and Melbourne, highlighting the property market’s resilience. In Brisbane, auction cleara...

Stockland "on track" to deliver record sales

Undeterred by tightened lending and rising property prices, property developer Stockland has announced its plan to deliver record residential sales in...

Auction clearance rates make slow recovery

Auction clearance rates have improved slightly last week from the week before but they remain much weaker than they have been through most of 2010, ac...

No savings, no home

Lack of savings rather than rising interest rates and house prices is the major reason Generation Y’ers are unable to enter the property market, acc...

FHB need leg-up: Loan Market Group

Loan Market Group is calling on the banks to recognise rent as evidence of 'genuine savings'. According to the brokerage, if borrowers could use rent...

Agents have ‘duty of care’ to refer clients: Harcourts

Harcourts Financial Services chief executive officer Andy Graham has said referring clients to a credit adviser, such as a mortgage broker, is all a p...

Rising rates spook home buyers: brokers

Some mortgage brokers fear rising interest rates and lingering concerns about the economic outlook are scaring off potential home buyers. Mason Manag...

Jobs stable as rates take effect

Consecutive interest rate rises have cooled hiring, with the unemployment rate remaining stable at 5.4 per cent. Data from the Australian Bureau of S...

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