News

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REAL ESTATE INDUSTRY RECOGNISES ‘WISDOM’ AS WAY TO KNOWLEDGE

22 Mar 2013 5:00 PM - Media Release

The Real Estate Institute of the ACT today announced it has entered into a formal partnership with Wisdom to provide real estate training to the local industry.

“Some people may not realise this, but real estate agents have to und...

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CONSULTATION ON REMOVING THE CAPITAL GAIN TAX (CGT) DISCOUNT FOR NON-RESIDENT INDIVIDUALS

8 Mar 2013 1:49 PM - David Bradbury MP, Assistant Treasurer

Assistant Treasurer David Bradbury has today released for consultation exposure draft legislation and explanatory materials to remove the Capital Gains Tax discount for non-resident individuals on taxable Australian property, such as real estat...

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ACT NOT ONLY ONE OF BEST PLACES TO LIVE BUT MOST

7 Mar 2013 11:23 AM - Media Release

It has been a good week for the ACT with it not only being ranked as the second most liveable city in the nation, but continuing to hold its title as the most affordable state or territory.

According to the latest Adelaide Bank/REIA Hou...

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ACT NOT ONLY ONE OF BEST PLACES TO LIVE BUT MOST AFFORDABLE

6 Mar 2013 10:11 AM -

It has been a good week for the ACT with it not only being ranked as the second most liveable city in the nation, but continuing to hold its title as the most affordable state or territory.

According to the latest Adelaide Bank/REIA Hou...

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GOVERNMENT ACTION REQUIRED ON HOUSING AFFORDABILITY

4 Mar 2013 12:43 PM - REIA Media Release

A new report by the National Housing Supply Council clearly identifies the need for a concerted approach by Governments to address housing affordability, particularly for first home buyers, according to the Real Estate Institute...

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ACT Economic Update

22 Feb 2013 11:33 AM - ANZ Research

ACT Economic Update of 22 February 2013 and the ACT Outlook reports can be downloaded below.

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Lending Finance, Australia, Dec 2012

13 Feb 2013 11:59 AM - ABS

The total value of owner occupied housing commitments excluding alterations and additions fell 0.1% in trend terms and the seasonally adjusted series fell 2.7%. The trend series for the value of total personal finance commitments rose 0.2%. Fix...

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Housing Finance, Australia, Dec 2012

11 Feb 2013 2:13 PM - ABS

The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.4%. Investment housing commitments rose 1.3%, while owner occupied housing commitments fell 0.1%. In seasonally adjusted terms, th...

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NO NEW YEAR SURPRISES AS RBA PUTS A HOLD ON INTEREST RATES

5 Feb 2013 3:11 PM - REIA Media Release

The Real Estate Institute of Australia (REIA) says the Reserve Bank of Australia’s (RBA) first Board meeting of the year has resulted in no surprises but an interest rate cut was justified in order to stimulate a stagnant market.

...

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Cash rate unchanged at 3.0 per cent

5 Feb 2013 2:42 PM - RBA Media Release

Statement by Glenn Stevens, Governor: Monetary Policy Decision

Reserve Bank of Australia Board decided to leave the cash rate unchanged at 3.0 per cent.

Global growth is forecast to be a little below average for a time, ...

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House Price Indexes: Eight Capital Cities, Dec 2012

5 Feb 2013 11:37 AM - ABS

Preliminary estimates show the price index for established houses for the weighted average of the eight capital cities rose 1.6% in the December quarter 2012. The capital city indexes rose in Sydney (+2.3%), Perth (+2.9%), Melbourne (+0.7%), Br...

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Dwelling approvals fall in December

4 Feb 2013 11:53 AM - Australian Bureau of Statistics

ABS Building Approvals show that the number of dwellings approved fell 4.4 per cent in December 2012, in seasonally adjusted terms, following a rise of 3.4 per cent in the previous month.

Dwelling approvals decreased in December in Tasm...

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Changes to Land Rent Scheme

30 Jan 2013 7:20 PM - MEDIA RELEASE │ ACT GOVERNMENT

In line with the Government's election commitment, a security payment for the Land Rent Scheme will be introduced to coincide with the release of land in the Molonglo suburb of Coombs.

The security payment is being introduced to discour...

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