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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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COVID-19 pandemic sees first home buyers increase market share by 50.4%

REIA MEDIA RELEASE: COVID-19 pandemic sees first home buyers increase market share by 50.4%, according to the latest REIA’s “The Housing Affordability Report (HAR)”.

03/03/2021

3/03/2021 12:00:00 AM3/03/2021 4:37:51 PM

Operations superstar

Smart, outgoing and dedicated, Caitlin Ellis, from DiJones Real Estate, is a real estate operations whizz with a love of all things related to technology and innovation.

02/03/2021

2/03/2021 12:00:00 AM2/03/2021 2:11:59 PM

REINSW is lobbying for mandatory RCDs to be rolled out across NSW

REINSW has been working with Government on improving electrical safety in all NSW properties due to overall concerns of statistics of electrical fires within NSW households.

01/03/2021 | Only Members can view this content. You will need to sign in to view

1/03/2021 12:00:00 AM1/03/2021 4:11:10 PM

Altered arrangements for convening

The provisions allowing electronic convening and voting at meetings, introduced in response to the COVID-19 pandemic, should be made permanent and not repealed on 13 May 2021.

26/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

26/02/2021 12:00:00 AM26/02/2021 11:05:03 AM

On alert! Cyber-crime on the rise

Social engineering fraud has increased in frequency and severity in recent years. Fraudsters have become especially sophisticated when targeting unsuspecting victims and the financial consequences of these crimes can be devastating.

25/02/2021

25/02/2021 12:00:00 AM25/02/2021 9:33:46 AM

Slow and steady: The commercial market to run its own race in 2021

It’s easy to see how COVID-19 has negatively impacted the commercial real estate space, but new data shows CBD workers are slowly, but surely, making their way back into the office.

24/02/2021

24/02/2021 12:00:00 AM24/02/2021 9:37:17 AM

Pre-meeting electronic voting for elections

Clause 14 of the Strata Schemes Management Regulation 2016 (NSW) should be amended to make it clear that pre-meeting electronic voting does not extend to elections.

23/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

23/02/2021 12:00:00 AM23/02/2021 9:20:22 AM

Combustible cladding: interest-free loans to speed up removal from NSW apartment buildings

Interest-free 10-year loans have been welcomed to fast-track the removal of high-risk combustible cladding from apartment buildings across NSW.

22/02/2021

22/02/2021 12:00:00 AM23/02/2021 2:42:02 PM

Quorum

The provisions regarding the quorum at a meeting need to be redrafted, so that it is clear, particularly in the case of small strata schemes, what happens if there’s not a quorum.

19/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

19/02/2021 12:00:00 AM19/02/2021 9:08:35 AM

How agents can help vendors

Not every `Sold’ sticker placed on a real estate signboard is accompanied by a smiling vendor jumping for joy. Divorce, debt and death are among the most challenging reasons for selling property and often super charged with emotion.

18/02/2021

18/02/2021 12:00:00 AM18/02/2021 10:04:20 AM

Items requiring statutory warranty

Further guidance needs to be provided regarding the need to include an item on the Annual General Meeting agenda to consider building defects and rectification where warranty periods under the Home Building Act 1989 (NSW) apply.

17/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

17/02/2021 12:00:00 AM19/02/2021 9:25:20 AM

Take charge of compliance

The 1 April 2021 implementation deadline for the Supervision Guidelines is looming. Here’s what you need to know to ensure compliance.

16/02/2021

16/02/2021 12:00:00 AM16/02/2021 10:01:11 AM

Record keeping

The legislation should be amended to allow for the better maintenance of strata records, including electronic storage and back-up, as well as a requirement to maintain an overall index of records.

15/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

15/02/2021 12:00:00 AM19/02/2021 9:24:23 AM

Small fluctuations in rental vacancies welcome the New Year

MEDIA RELEASE: After a year of uncertainty and dramatic fluctuations, the REINSW Vacancy Rate Survey results for January 2021 show that rental vacancies across the major metropolitan markets remain largely stable.

12/02/2021

12/02/2021 12:00:00 AM12/02/2021 3:48:25 PM

Insurance valuations

The requirement for an Owners’ Corporation to obtain a building insurance valuation every five years should be reintroduced and amendments made to remove reinstatement from the valuation exercise.

12/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

12/02/2021 12:00:00 AM12/02/2021 2:29:41 PM