New revenue ruling clarifies types of residential premises exempt from surcharge purchaser duty and surcharge purchaser land tax.
To improve the property market NSW Premier Gladys Berejiklian needs to do five things.
A surcharge of 0.75% must be paid by foreign persons on residential land they own.
Foreign persons purchasing residential real estate in NSW will now have to pay surcharges.
REINSW President John Cunningham says the NSW government has failed to address bracket creep.
After a brief reprieve last month, the latest REINSW Vacancy Rate Survey results show that residential vacancies in Sydney have once again taken a dive. Vacancy rates across regional New South Wales were a mixed bag.
Floods have devastated communities across NSW and, when faced with adversity, local agents have shown a generosity of spirit and determination. Here is a glimpse of just some of the acts of kindness that demonstrate why agents are our local heroes.
After 20 years as Licensee & Director of LJ Hooker Freshwater, Cranston Schwarz was ready for a new and creative business challenge. The result is Schwarz, a proudly independent, boutique agency servicing the southern end of Sydney’s Northern Beaches
Mould. It’s a word that evokes a feeling of dread for most property managers. After months of torrential rain, property managers across NSW are being inundated with complaints from tenants and with temperatures plummeting the problem is set to worsen
It is one of the toughest parts of being a real estate agent – conducting a property appraisal and not landing the listing. Despite your best efforts, the seller decides to go with another agency. So, how can you avoid rejection and win over a vendor
Cyber-attacks are on the rise and an increasing number of unsuspecting real estate agents are being tricked into redirecting funds and disclosing private information. Agents know property, but when it comes to cyber security it’s a different story.
MEDIA RELEASE: The latest REINSW Vacancy Rate Survey results show that residential vacancies in Sydney bounced back slightly in June 2022 after recording a five-year low in the previous month.
MEDIA RELEASE: REINSW has announced the finalists for its 25th annual Awards for Excellence, the most respected competition within the real estate profession, which acknowledges exceptional performances across the industry.
It is an intensely competitive business, but the real estate industry can also be one of the most nurturing. Sharing knowledge and experience - through mentoring - helps to foster professional development and leadership skills.
MEDIA RELEASE: A record seven finalists battled it out on Friday evening at this year’s REINSW Novice Auctioneers Competition (NAC) Final. The event saw Ollie Gearing, from Advantage Property Group in Newcastle, take out the winner’s crown.
MEDIA RELEASE: The NSW Budget was handed down yesterday and housing affordability was a key focus, with stamp duty reform and the shared equity scheme trial taking centre-stage. REINSW has provided its response to the measures.
'Just do it’ is the motto Rebecca Cribbin lives by. This mindset has helped her to take opportunities, build two successful real estate businesses, and write a book to share her expertise with others wanting to manage holiday and short-term rentals.
Since the pandemic hit, Australian real estate has been tracking at different speeds - a skyrocketing residential market and a rollercoaster ride in the commercial space.
REIA MEDIA RELEASE: Australian housing prices continued to rise but other dwellings recorded falls over the March quarter, Real Estate Institute of Australia’s (REIA) latest Real Estate Market Facts report has found.
REIA MEDIA RELEASE: Housing and rental affordability have declined across Australia as limited stock levels, inflation and interest rate rises continue to create trepidation in the market, the latest REIA Housing Affordability Report has found.
From VOLVO, BMW and OFFICEWORKS
Check them out.
Also, Keep track of your CPD hours with the NEW CPD Diary in your member portal! Log in today.