The majority of real estate professionals have seen their workload impacted since the pandemic was declared, putting the industry above the national average. The COVID-19 Business Confidence Survey, commissioned by REB sister brand My Business, encouraged participants across a range of industries (accounting, aviation, defence, financial services, law, mortgage and finance broking, and real estate) to…
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A rapid decline in listings and auctions has forced ‘tyre kickers’ out of the market and is driving deals between buyers and sellers who have little choice but to get transactions done. The already-slowing residential markets weakened further on an Anzac Day weekend when 99 of the scheduled 434 auctions were withdrawn ahead of time.…
The chief executive of one of Australia’s largest retail landlords says it’s been hard to find common ground with some major retailers over rental payments as the two sectors butt heads amid coronavirus-induced store shutdowns. Vicinity chief executive Grant Kelley told The Age and The Sydney Morning Herald while the $4.7 billion proprietor had come to a number of…
Big employers will urge their staff to download a new contact tracing phone application to help the nation safely return to work as the federal government on Sunday evening launched the critical next phase of the pandemic lockdown. Health authorities are expecting more than half of all Australians to download the voluntary COVIDSafe contact tracing…
Singapore is rapidly building bed space for coronavirus patients in cavernous exhibition halls and other temporary facilities as it faces a surge in cases, mainly among its large community of low-paid migrant workers. The tiny city-state of 5.7 million people has over 12,000 confirmed infections of the virus, one of the most in Asia, due to…
Standing outside the Hungry Jack’s at the highway stop on the road to Geelong, retirees Peter and Robyn Radford feel like they’ve been run over by ‘Big Retail’. Along with about 100 other investors, the Radfords, both in their early 70s, are unit holders in an unlisted property fund that owns service centres on both sides…
Among the many industries hit hard by the COVID-19 crisis, real estate has faced the challenge of how to sell someone the biggest investment of their life whilst adhering to strict new social distancing rules. Under current regulations, auctions can no longer be conducted onsite or in auction rooms, although virtual auctions can go ahead.…
Economists are increasingly calling Sydney a buyer’s market as key suburbs in the city suffer a fall in asking prices due to conditions created by COVID-19. Data compiled exclusively for Nine News by My Housing Market found suburbs in the Canterbury-Bankstown area, Sydney’s north west and south have all had significant falls in asking prices…
Our country is burning. The Australian bushfires have ravaged some communities in the most unimaginable ways. The wildfires have so far killed at least 24 PEOPLE, burned more than 12 MILLION ACRES, nearly 2000 HOMES have been destroyed and over 500 MILLION ANIMALS have been killed. During this time of crisis, this is what you…
If you have an old piece of furniture lying around, you can easily transform it into something that can change the feel of a room. Breathing new life into your furniture can be as easy as a few simple brushstrokes. Known as ‘upcycling’, painting or decorating your furniture is also a fun weekend project that…