Latest Property News

Can’t travel, will renovate

At the start of the pandemic, home renovator and designer Sarah Tilley was worried her business would go bust, thinking people would hold off renovating and spending money while the virus was raging. But then her phone started ringing, and never seemed to stop. “People are calling us non-stop to get quotes, to install new…

Government unveils housing stimulus

The federal government has announced a new $700-million housing stimulus package aimed at rekindling property market activity. A $25,000 grant will be available to owner-occupiers “substantially renovating” or building a new home from 4 June to 31 December 2020, as part of the Morrison government’s new $688-million HomeBuilder package. A national price cap of $750,000 has…

Stamp duty plan required to boost confidence

In the race to reach the post-COVID-19 recovery stage as quickly as possible, the necessity is to bring confidence back. However, at a time when everyone is hanging on announcements, commitments and timelines from politicians and regulatory officials, it’s important that the communication is clear, transparent and detailed in order to boost confidence. Recent discussions…

REINSW does a callout for government to protect landlords

Everyone matters in real estate – that’s why it’s important everybody is recognised equally when it comes to the NSW Government’s Residential Tenancies Amendment (COVID-19) Regulation 2020 (NSW), said the REINSW.  Tim McKibbin, CEO, REINSW said Government needs to recognise that landlords are in a similar position to tenants throughout the COVID-19 pandemic. “There is a great…