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REIA pre-budget proposals to Government

REIA has made a submission to Government focusing on property taxation and housing affordability.

06/02/2018

6/02/2018 12:00:00 AM26/06/2020 9:32:25 PM

New revenue ruling on residential premises

New revenue ruling clarifies types of residential premises exempt from surcharge purchaser duty and surcharge purchaser land tax.

17/01/2018

17/01/2018 12:00:00 AM26/06/2020 8:42:06 PM

Witholding tax could cause delays

The objective of the foreign resident capital gains withholding tax is to ensure foreign residents pay tax on any profits earned from the sale of Australian property.

11/07/2017

11/07/2017 12:00:00 AM26/06/2020 9:30:40 PM

Victoria takes a lead on stamp duty

REINSW President John Cunningham has called on NSW to follow Victoria's lead on stamp duty.

06/03/2017

6/03/2017 12:00:00 AM26/06/2020 8:16:21 PM
27/01/2017 12:00:00 AM26/06/2020 9:15:37 PM

New premier needs to review stamp duty

REINSW calls on new premier to review stamp duty.

24/01/2017

24/01/2017 12:00:00 AM26/06/2020 9:41:34 PM

NSW land tax surcharge for foreign persons

A surcharge of 0.75% must be paid by foreign persons on residential land they own.

23/01/2017

23/01/2017 12:00:00 AM26/06/2020 9:07:07 PM

How to comply with foreign tax laws

Are you clear about how to comply with the foreign resident capital gains tax?

04/10/2016

4/10/2016 12:00:00 AM26/06/2020 8:17:16 PM

NSW Government admits tax system flawed

REINSW President John Cunningham says a review of the tax system is necessary immediately.

12/07/2016

12/07/2016 12:00:00 AM26/06/2020 9:47:18 PM

More property taxes from NSW Government

Foreign persons purchasing residential real estate in NSW will now have to pay surcharges.

04/07/2016

4/07/2016 12:00:00 AM26/06/2020 9:20:33 PM

Consequences of negative gearing changes

REINSW President John Cunningham says proposed changes to negative gearing have forgotten first homebuyers.

22/06/2016

22/06/2016 12:00:00 AM26/06/2020 9:40:29 PM

NSW Budget fails to address bracket creep

REINSW President John Cunningham says the NSW government has failed to address bracket creep.

22/06/2016

22/06/2016 12:00:00 AM26/06/2020 9:06:48 PM

Retirement funds at risk from negative gearing

Retirement nest eggs are at risk under the negative gearing proposal being promoted by Labor.

21/06/2016

21/06/2016 12:00:00 AM26/06/2020 9:12:25 PM

When to withhold tax

When should you withhold tax?

17/06/2016

17/06/2016 12:00:00 AM26/06/2020 9:23:53 PM

Provide retirees with tax incentives

Retirees should be provided with tax incentives to boost housing affordability.

02/06/2016

2/06/2016 12:00:00 AM26/06/2020 8:38:45 PM
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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

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

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

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

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

17/06/2021 12:00:00 AM17/06/2021 12:18:15 PM

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

17/06/2021 12:00:00 AM17/06/2021 11:39:32 AM

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

11/06/2021 12:00:00 AM11/06/2021 11:00:42 AM

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

9/06/2021 12:00:00 AM9/06/2021 3:52:45 PM

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

8/06/2021 12:00:00 AM9/06/2021 8:34:03 AM

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

4/06/2021 12:00:00 AM4/06/2021 11:20:24 AM

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

3/06/2021 12:00:00 AM3/06/2021 10:04:55 AM

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

2/06/2021 12:00:00 AM4/06/2021 2:45:24 PM

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

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!

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

31/05/2021 12:00:00 AM31/05/2021 10:06:40 AM

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

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?

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

25/05/2021

25/05/2021 12:00:00 AM25/05/2021 2:51:07 PM

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

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