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Cup Day Meeting sees interest rate drop to historic low

Cup Day Meeting sees interest rate drop to historic low

MEDIA RELEASE: The Reserve Bank of Australia’s move to cut official interest rates to 0.10% at its November board meeting has been welcomed by the Real Estate Institute of NSW (REINSW).

03/11/2020

CORONAVIRUS Interest Rates Media Release News
3/11/2020 12:00:00 AM3/11/2020 8:22:44 PM
REIA says rate cut to help affordability for home buyers

REIA says rate cut to help affordability for home buyers

MEDIA RELEASE: REIA says first home buyers are winners with new rate cut.

02/07/2019

First Home Buyers Interest Rates Media Release News REIA
2/07/2019 12:00:00 AM5/08/2020 8:44:17 AM
Year ends with no interest rate movement

Year ends with no interest rate movement

MEDIA RELEASE: No change to interest rates as we head into the holiday season.

04/12/2018

Interest Rates Media Release News
4/12/2018 12:00:00 AM4/08/2020 11:45:22 AM
Cup Day meeting sees interest rates stable

Cup Day meeting sees interest rates stable

MEDIA RELEASE: As housing prices continue to correct, RBA takes a "lower for longer" approach to interest rates.

06/11/2018

Interest Rates Media Release News
6/11/2018 12:00:00 AM4/08/2020 11:32:50 AM
October meeting sees interest rates on hold

October meeting sees interest rates on hold

Many banks are adjusting their rates, despite RBA keeping interest rate at 1.5 per cent.

02/10/2018

Interest Rates Media Release
2/10/2018 12:00:00 AM26/06/2020 8:38:12 PM
Interest rates remain steady

Interest rates remain steady

REINSW president, Leanne Pilkington, comments on the RBA's decision to keep interest rates at 1.50 per cent.

04/09/2018

Consumer Articles Interest Rates News
4/09/2018 12:00:00 AM26/06/2020 9:28:42 PM
Historical interest rates continue

Historical interest rates continue

Interest rates have been kept on hold at the Reserve Bank of Australia’s June board meeting.

05/06/2018

Agency Services Auctioneers Buyers Agents Commercial Interest Rates News Property Management Residential Sales Strata Management
5/06/2018 12:00:00 AM26/06/2020 9:31:36 PM
Interest rates remain at 1.50%

Interest rates remain at 1.50%

The Reserve Bank of Australia has kept interest rates on hold at 1.50%

01/05/2018

Agency Services Commercial Consumer Sentiment Interest Rates News Residential Sales
1/05/2018 12:00:00 AM26/06/2020 8:48:09 PM
Interest rates remain at 1.50%

Interest rates remain at 1.50%

The Reserve Bank of Australia has left interest rates on hold at 1.50 per cent at the 18th consecutive board meeting.

03/04/2018

Agency Services - Accounting and Finance Agency Services Buyers Agents Interest Rates News Residential Sales
3/04/2018 12:00:00 AM26/06/2020 8:51:35 PM
Interest rates going nowhere

Interest rates going nowhere

The Reserve Bank of Australia decided to keep interest rates on hold at 1.50 per cent at the March board meeting.

06/03/2018

Interest Rates
6/03/2018 12:00:00 AM26/06/2020 8:39:34 PM
Interest rates remain on hold

Interest rates remain on hold

Reserve Bank of Australia board members have decided to leave interest rates at 1.50 per cent.

07/02/2018

Agency Services - Accounting and Finance Agency Services Buyers Agents Interest Rates Residential Sales
7/02/2018 12:00:00 AM26/06/2020 8:46:21 PM
Year ends with no interest rate movement

Year ends with no interest rate movement

The Reserve Bank of Australia has kept the status quo at its last board meeting of 2017, with interest rates remaining on hold at 1.50%

11/12/2017

Buyers Agents First Home Buyers Interest Rates News Property Market Residential Sales
11/12/2017 12:00:00 AM26/06/2020 9:22:34 PM
Favourite wins RBA Cup Day meeting

Favourite wins RBA Cup Day meeting

The RBA has backed the favourite at its November board meeting keeping interest rates on hold at 1.50 per cent.

08/11/2017

Interest Rates News Property Market Residential Sales
8/11/2017 12:00:00 AM26/06/2020 8:49:05 PM
RBA keeps interest rates at 1.5%

RBA keeps interest rates at 1.5%

The RBA has kept interest rates steady at 1.50 per cent at its October 2017 board meeting.

03/10/2017

Interest Rates
3/10/2017 12:00:00 AM26/06/2020 8:59:24 PM
RBA keeps interest rates at record lows

RBA keeps interest rates at record lows

RBA keeps interest rates at record low of 1.50 per cent.

05/09/2017

Agency Services Auctioneers Buyers Agents First Home Buyers Interest Rates News Residential Sales
5/09/2017 12:00:00 AM26/06/2020 9:16:42 PM
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Budget bounces back because of property

Budget bounces back because of property

MEDIA RELEASE: With Budget figures showing stamp duty from property transactions has contributed over $9 billion to the NSW economy, it’s time for Government to work cooperatively with an industry that’s officially the state’s biggest revenue source.

22/06/2021

Media Release News
22/06/2021 12:00:00 AM22/06/2021 4:55:36 PM
Overseas students return to boost rental market but recovery could be slow

Overseas students return to boost rental market but recovery could be slow

A pilot program to allow a limited number of international students to return to Sydney has been welcomed by the REINSW as critical for the rental market recovery.

18/06/2021

News Property Management
18/06/2021 12:00:00 AM18/06/2021 11:43:42 AM
Sydney’s vacancy rate shows positivity for areas hit hardest by pandemic

Sydney’s vacancy rate shows positivity for areas hit hardest by pandemic

MEDIA RELEASE: The rental market in Sydney’s Inner Ring suburbs recorded its best performance since the start of the COVID-19, with vacancy rates falling to 3.3 percent last month.

17/06/2021

Media Release News Vacancy Rates
17/06/2021 12:00:00 AM17/06/2021 12:18:15 PM
REINSW supports property sector overhaul

REINSW supports property sector overhaul

With less than 5 days to go now, REINSW is urging the NSW Parliament to pass the Property Services Council Bill 2021 to help prevent real estate related disputes and deliver better consumer outcomes.

17/06/2021

News Property Services Commissioner Property Services Council Bill 2021
17/06/2021 12:00:00 AM17/06/2021 11:39:32 AM
How the property market will warm vendor’s hearts this winter

How the property market will warm vendor’s hearts this winter

Winter has long been seen as the least popular time to sell a home, but strong competition, lack of stock and low interest rates are tipped to keep up current momentum throughout the cooler months.

11/06/2021

News Residential Sales
11/06/2021 12:00:00 AM11/06/2021 11:00:42 AM
House prices increase at the highest quarterly rate in a decade

House prices increase at the highest quarterly rate in a decade

MEDIA RELEASE: The weighted average capital city median price for both houses and other dwellings has increased at the highest rate in a decade, the latest Real Estate Institute of Australia's Real Estate Market Facts report has found.

09/06/2021

Media Release News REIA
9/06/2021 12:00:00 AM9/06/2021 3:52:45 PM
Overall housing and rental affordability declines

Overall housing and rental affordability declines

REIA MEDIA RELEASE: Housing affordability improved in New South Wales and South Australia, remained steady in Western Australia and the Australian Capital Territory but declined in Victoria, Queensland, Tasmania and the Northern Territory.

08/06/2021

Media Release News REIA
8/06/2021 12:00:00 AM9/06/2021 8:34:03 AM
Q & A - Sparkling success

Q & A - Sparkling success

From a young age, Simone Luxford, Director at Essential Property Wealth, was intrigued with how to create wealth from property and has gone on to build her own successful property portfolio.

04/06/2021

Buyers Agents News
4/06/2021 12:00:00 AM4/06/2021 11:20:24 AM
Strata in the spotlight

Strata in the spotlight

Five years after landmark reforms were introduced, the strata framework in New South Wales is once again under review. Here’s how REINSW has responded to the NSW Government’s call for input.

03/06/2021

News Strata Management
3/06/2021 12:00:00 AM3/06/2021 10:04:55 AM
Straight talking boy from the bush

Straight talking boy from the bush

With well in excess of 5000 days under his belt as REINSW’s Chief Executive Officer, Tim McKibbin is a formidable force. Here we look at the man who is leading the real estate profession into the next decade with passion and gusto.

02/06/2021

Advocacy Lobbying News Property Services Commissioner Property Services Council Bill 2021 REINSW
2/06/2021 12:00:00 AM4/06/2021 2:45:24 PM
Real time benefits for lodging rental bonds electronically

Real time benefits for lodging rental bonds electronically

Lodging rental bonds online has improved the efficiency of settling funds making it easier for both agents and tenants, according to NSW Fair Trading.

01/06/2021

News Property Services Commissioner Property Services Council Bill 2021
1/06/2021 12:00:00 AM17/06/2021 10:46:14 AM
We need a dedicated Property Services Commissioner for NSW: Help us to help you now!

We need a dedicated Property Services Commissioner for NSW: Help us to help you now!

For the past 10 years, REINSW has relentlessly lobbied Government to remove our Industry from NSW Fair Trading and establish a dedicated Property Services Commissioner instead. We need your help to get the message to your local MPs without delay.

31/05/2021

News Property Services Commissioner Property Services Council Bill 2021
31/05/2021 12:00:00 AM31/05/2021 10:06:40 AM
Now’s the time for a standard retail lease

Now’s the time for a standard retail lease

In a submission to the Office of the NSW Small Business Commissioner, REINSW has proposed the introduction of a standard retail lease as a “natural evolution” of the Retail Leases Act 1994 (NSW).

28/05/2021

Commercial News
28/05/2021 12:00:00 AM28/05/2021 12:07:48 PM
HELPLINE Q&A: Can a tenant carry out changes to the rental premises?

HELPLINE Q&A: Can a tenant carry out changes to the rental premises?

Yes, a tenant can make certain changes of a “minor nature” to the premises.

25/05/2021

News REINSW Helpline
25/05/2021 12:00:00 AM25/05/2021 2:51:07 PM
On the chopping block: why fee cutting hurts everyone

On the chopping block: why fee cutting hurts everyone

Commission charges vary across NSW with Sydney already home to the lowest fees due to the sheer number of agents on the ground.

20/05/2021

News Residential Sales
20/05/2021 12:00:00 AM25/05/2021 2:38:47 PM