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Joint statement by REINSW and EAC (06 Aug 2008)
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REINSW has today announced its decision to transfer its 50% stake in the Realestateworld.com.au Pty Ltd (REW) property portal to fellow REW stakeholder, Estate Agents Co-operative Limited (EAC).
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First step to rental recovery - admit there's a crisis (31 Jul 2008)
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REINSW has congratulated the Iemma Government on finally admitting there is a rental crisis in NSW.
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Slight improvement fails to dent NSW rental crisis (17 Jul 2008)
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Despite some isolated areas of improvement, the overall picture remains grim for renters across NSW according to the latest June rental vacancy statistics released by the Real Estate Institute of New South Wales.
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Real estate agents you can trust (15 Jul 2008)
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The most innovative and professional real estate agents in NSW have been revealed with the announcement of the finalists of the REINSW Awards for Excellence.
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Sydney only getting worse for renters (25 Jun 2008)
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Sydney renters face an even bleaker future with vacancy rates falling yet again according to the latest figures released by the Real Estate Institute of NSW (REINSW).
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Rental overcrowding the symptom of a wider problem (17 Apr 2008)
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The Real Estate Institute of New South Wales (REINSW) congratulates NSW Minister for Housing Matt Brown for providing rental accommodation at a time when it is so badly needed.
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It's another grey day for NSW home-seekers (14 Apr 2008)
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The NSW State Government needs to stop talking about planning issues and start focussing on practical needs now: homes for its people, according to the Real Estate Institute of New South Wales.
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University towns feel rental pinch (10 Apr 2008)
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Sydney has been suffering for some time, now Wollongong and Newcastle are feeling the consequences of the rental property shortage.
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NSW real estate agents win national awards (07 Apr 2008)
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Agents from New South Wales saw out contenders from around Australia to take out two of the top awards in the 2008 Real Estate Institute of Australia's National Awards for Excellence.
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Vacancy rates leave Sydney renters out in the cold (06 Apr 2008)
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The beginning of the cooler months coincides with more bad news for renters as residential vacancy rates in Sydney fall to record lows according to the latest figures from the Real Estate Institute of New South Wales (REINSW).
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Lure of coast draws people northwards (01 Apr 2008)
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Data showing that population growth in the Richmond-Tweed region has been far faster than any other part of NSW in the past two years is evidence that Australians are prepared to move in search of a better lifestyle, according to the Real Estate Institute of New South Wales (REINSW).
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Tourism report highlights need for accommodation diversity (12 Mar 2008)
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The key finding of a recent report into domestic tourism that “all is not well” in the industry highlights the need for government at both State and Federal levels to support the diversity of accommodation that holiday rentals deliver, according to Real Estate Institute of New South Wales (REINSW).
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Negative idea would hit renters (10 Mar 2008)
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Reports that the population of Sydney is growing at more than twice the rate it was four years ago should silence any calls to remove or restrict negative gearing according to the Real Estate Institute of New South Wales (REINSW).
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Things go from bad to worse for renters (07 Mar 2008)
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The latest residential vacancy rates from the Real Estate Institute of New South Wales (REINSW) show further evidence of the dire state of the Sydney rental market.
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Sydney's market has bargains for the selective (27 Feb 2008)
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The overall median house price in Sydney recorded a modest increase of 1.48% to $538,000 in the December 2007 quarter, although apartment prices stayed flat at $361,000 according to the data released today.
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Buyers shouldn't be spooked away from property (21 Feb 2008)
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Already facing rent increases of up to 12% in 2008, the latest residential vacancy rates offer Sydney tenants little comfort.
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Renters likely to feel more pain (05 Feb 2008)
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Already facing rent increases of up to 12% in 2008, the latest residential vacancy rates offer Sydney tenants little comfort.
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Property a safe bet in uncertain times (23 Jan 2008)
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Investors looking for a sound alternative to the stockmarket would be wise to consider residential property according to the Real Estate Institute of New South Wales (REINSW).
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Home ownership is worth any initial pain (21 Jan 2008)
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Sydney’s ranking as the 11th least affordable city in a survey of international housing is due its popularity and the resulting high demand for property, but buyers should not be put off as housing realises excellent capital growth according to the Real Estate Institute of New South Wales (REINSW).
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Land taxes need cutting (17 Jan 2008)
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The Real Estate Institute of New South Wales has called on the State Government to further reduce land taxes on residential properties as a means of bringing sorely needed property investors back into the market.
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Sydney apartment market kicks into action (09 Jan 2008)
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New housing data released by the Australian Bureau of Statistics shows that the Sydney market is gathering pace, fuelled by a demand for apartments significantly outstripping that for single dwellings.
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REINSW sets up Holiday Rental Chapter (13 Dec 2007)
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REINSW has set up a Holiday Rental Chapter to support agents who manage these properties.
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New REINSW President (11 Dec 2007)
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Steve Martin who has been appointed new President of REINSW has foreshadowed an increased focus on the real estate needs of Generations X and Y.
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Buyers get specific in market of little choice (22 Nov 2007)
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The overall Sydney property market remained quiet in the third quarter of 2007 with median house prices growing only marginally and the median price for units declining. However, buyer activity in mid-range, established, well-located suburbs in Sydney’s eastern suburbs, inner west and lower North Shore saw house and unit prices buck the trend to record significant increases.
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Rental situation at crisis point (13 Nov 2007)
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Sydney’s year-long rental drought has worsened with vacancy rates in the city falling to 0.9% in October, the lowest level recorded by the Real Estate Institute of New South Wales (REINSW) in the seven years it has been collating data on the availability of rental properties.
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Top honour goes to leading local agent (24 Oct 2007)
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Wagga Wagga real estate agent Chris Fitzpatrick took out the prestigious Woodrow Weight Award for outstanding contribution to real estate agency practice in the 2007 Real Estate Institute of New South Wales’ (REINSW) annual awards, presented at a gala function in Sydney on Saturday, 20 October.
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Top real estate performers honoured (22 Oct 2007)
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Real estate agents from all corners of NSW gathered at Sydney's Convention and Exhibition Centre on Saturday night to recognise the achievements of their peers.
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Miserable outlook for Sydney tenants (17 Oct 2007)
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Christmas is coming, but it is not going to be very festive for people seeking rental accommodation in Sydney according to Cristine Castle, President of the Real Estate Institute of New South Wales (REINSW).
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Year-long rental drought for Sydney (11 Sep 2007)
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For the 12th month in a row, the residential property vacancy rate in Sydney has remained at below 2% - the benchmark figure that indicates whether or not there is a rental crisis.
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Shortage of listings affects Sydney market (24 Aug 2007)
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Home-owners are sitting tight, resulting in a sharp decline in property turnover, according to second quarter 2007 data just released by Real Estate Institute of New South Wales.
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No ease-off in rental demand (10 Aug 2007)
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The number of vacant rental properties in Sydney's outer suburbs eased slightly in July to 1.5%, but supply in the inner city and suburbs within 25km of the CBD remained tight at 1.4%, according to data just released by the Real Estate Institute of New South Wales.
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REINSW announces Awards finalists (25 Jul 2007)
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Outstanding professionalism and creative thinking were among the attributes sought by the judges selecting the finalists in this year’s REINSW Awards for Excellence.
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Floods wash-up affects Newcastle renters (06 Jul 2007)
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Last month's floods in the Hunter Valley have had a significant impact on the availability of rental property in Newcastle and surrounding towns, with the vacancy rate for June declining to 1.7% compared to 2.1% in May.
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Move in the right direction (19 Jun 2007)
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The Real Estate Institute of New South Wales has applauded property initiatives announced in the State Budget including the reduction of land tax from 1.7% to 1.6% and the bringing forward of the abolition of mortgage duty to September 1, 2007.
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Pressure is still on for renters (12 Jun 2007)
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Vacancy rates for Sydney rental properties showed little pick-up in May, giving tenants no respite from the lack of available accommodation in the city.
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Homeowners stay put in slumping market (22 May 2007)
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The stagnant state of Sydney's housing market is evident in the first quarter 2007 property data just released by the Real Estate Institute of New South Wales.
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Sydney's rental situation still tight (08 May 2007)
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While Sydney's rental situation eased slightly in April, it is still a very tight market with little relief for tenants according to Cristine Castle, President of the Real Estate Institute of New South Wales.
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Real estate industry showcases web innovation (30 Apr 2007)
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Two industry bodies are in town for the local launch of a unique internet marketing initiative that provides real-time information on properties for sale, boosting the capabilities of real estate agencies, particularly those in regional areas where distances can be an issue for buyers and sellers.
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REINSW welcomes rate hold (04 Apr 2007)
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The decision by the Reserve Bank of Australia to hold interest rates at their current level has been welcomed by REINSW as it will help sustain a recent pick up in the residential property market.
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Latest vacancy rates provide no relief (03 Apr 2007)
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Residential vacancy rates released by REINSW show no easing of Sydney's tight rental market, with availability falling again in March to a record low of only 1.2 percent overall.
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REINSW backs Treasurer's tax call (20 Mar 2007)
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The Real Estate Institute of New South Wales has welcomed a call by the Federal Treasurer Peter Costello for the NSW State Government to abolish stamp duty on commercial real estate transactions.
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Property know-how at show (16 Mar 2007)
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With rental vacancy rates at an all time low in Sydney, Adelaide and Perth and new property development stagnant in many areas, there is a critical need for investors to return to the market to meet pent up demand.
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Sydney's vacancy rates continue to plummet (09 Mar 2007)
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After a small improvement in January, Sydney's vacancy rates have reached a new low, indicating the shortage of rental accommodation is not a myth but a reality faced by those looking for somewhere to live.
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REINSW calls on NSW Govt to take action (26 Feb 2007)
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The NSW Government needs to take immediate action to stimulate property investment by slashing property taxes, the Real Estate Institute of NSW said today.
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REINSW welcomes RBA comments on rents (13 Feb 2007)
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REINSW has welcomed the Reserve Bank of Australia's recognition that the low level of rental vacancies is likely to lead to significant rent increases.
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Rental crisis a bigger problem than interests rates (07 Feb 2007)
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Tenants could suffer more from rising rents than homeowners did from last year's interest rate hikes unless action is taken to encourage property investment.
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Rental crisis spreads to university towns (02 Feb 2007)
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University towns around NSW are under pressure as the annual influx of students worsens the already low levels of available accommodation
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Vacancy rates hit new low in Sydney (20 Jan 2007)
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The vacancy rate for rental accommodation in Sydney has fallen to just 1.5%, making it harder for renting families to find a place to live.
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Land tax press release (15 Jan 2007)
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REINSW calls for the abolition of land tax on residential property.
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Looming rental crisis in NSW (09 Jan 2007)
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REINSW calls for the NSW Government to take action to prevent a rental crisis
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Too scared to move (09 Dec 2006)
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The Real Estate Institute of NSW vacancy rate survey for November shows that tenants in Sydney are concerned about rising rents and are staying in their current accommodation for as long as they can.
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Rental Housing Crisis Looms (13 Nov 2006)
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The Real Estate Institute of NSW Vacancy Rate Survey for October shows that Sydney will be in the grip of a rapidly worsening rental housing crisis early in the New Year.
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Rate Rise Worsens Investment Drought (08 Nov 2006)
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REINSW President, Mrs Cristine Castle, today called on the NSW Government to abolish land tax on all residential investment and provide stamp duty relief to over 65s to counter some of the impact of today’s interest rate rise by the Reserve Bank of Australia (RBA).
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A Great Time to Buy in Sydney (03 Nov 2006)
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September Quarter house and unit price figures released today by Australian Property Monitors (APM) show that it’s a great time to buy real estate in Sydney with house prices in Perth poised to become the nation’s most expensive.
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REINSW Opposed to Tenancy Auctions (31 Oct 2006)
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Real Estate Institute of NSW President, Mrs Cristine Castle, said the emergence of tenancy auctions in the ACT should not be a precursor for similar auctions in NSW.
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Rental Market Should Ring Alarm Bells In Macquarie Street (30 Oct 2006)
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The latest REINSW Residential Property Management Survey results for September shows that the number of rental properties available across Sydney has fallen to its lowest level since the Institute began compiling statistics in June 2000.
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'No Vacancy' for Sydney (27 Oct 2006)
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The latest REINSW Residential Property Management Survey results for September shows that the number of rental properties available across Sydney has fallen to its lowest level since the Institute began compiling statistics in June 2000.
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Smoke Alarm Laws Amended (27 Oct 2006)
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President of the Real Estate Institute of NSW, Mrs Cristine Castle, has welcomed the NSW Government’s gazettal today of an amendment to the State’s conveyancing laws relating to smoke alarms.
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Conveyancing Protocol (24 Oct 2006)
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Launch of Conveyancing Protocol by REINSW and the NSW Law Society
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The Best of the Best in Real Estate (22 Oct 2006)
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Last night saw the real estate industry’s ‘best of the best’ recognised in style at a glittering awards ceremony at the Sydney Hilton.
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Rowen Kelly Awarded the Greatest Accolade in the NSW Real Estate Industry (22 Oct 2006)
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Last night saw the real estate industry’s ‘best of the best’ recognised in style at a glittering awards ceremony at the Sydney Hilton.
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Why Interest Rates? (12 Oct 2006)
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REINSW President, Mrs Cristine Castle, said today that State and Federal Governments must do more to safeguard the future of the Great Australian Dream of affordable home ownership and housing.
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Coffs Harbour Property Industry in the Spotlight (11 Oct 2006)
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The Real Estate Institute of NSW will hold a Divisional meeting in Coffs Harbour today to discuss issues vital to the property industry in regional NSW.
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Agents Concerned About ADT Decision (06 Oct 2006)
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Real Estate Institute of NSW President, Mrs Cristine Castle, said today that real estate agents across News South Wales are deeply concerned about the recent Administrative Decisions Tribunal (ADT) findings regarding the Commissioner of Fair Trading’s action against Member agents Peter and Ereca Hinton.
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Land Tax Threshold Raise (06 Oct 2006)
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Real Estate Institute of NSW President, Mrs Cristine Castle, today welcomed the move by the NSW Government to increase the land tax threshold for the 2007 land tax year by $4,000 to $356,000, however, she said the small relief offered to payers of the tax did not go far enough.
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Falling Fuel Prices Will Spur Property Market (27 Sep 2006)
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The Real Estate Institute of NSW President, Mrs Cristine Castle, today said falling petrol prices will spur the property market, particularly in Sydney’s outer suburbs where would be buyers have borne the brunt of interest rate rises and higher commuting costs.
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Ground Breaking Compliance Guide Launched (25 Sep 2006)
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The Real Estate Institute of NSW has launched the industry’s first online Compliance Guide for real estate agents to help ensure that member firms of the Institute continue to meet increasingly stringent industry regulation.
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Griffith Property Industry in the Spotlight (22 Sep 2006)
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The Real Estate Institute of NSW will hold its Board meeting in Griffith today to discuss issues vital to the property industry in rural and regional NSW.
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REINSW calls for stamp duty relief in NSW (12 Sep 2006)
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The Real Estate Institute of NSW today challenged the NSW Government and Opposition to promise further stamp duty relief to prop |