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Welcome to 2021 – a brand new year: here are the biggest property stories this week.
Welcome to REB’s weekly round-up of the headline stories and news that are important not only for the real estate sector, but also for the state of property in Australia more broadly.
To compile this list, not only do we consider the week’s most-read stories and the news that matters to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
This Monday’s annual general meeting (AGM) has seen shareholders of The Agency Group vote on the real estate network’s future.
As well as looking to adopt the company’s remuneration report, shareholders were asked to vote on the re-election of director Matthew Lahood, and on the ratification of all aspects of the Peters Proposal.
See also: Magnolia reacts to The Agency AGM
While franchises do offer up some perks, they aren’t the only way property managers and sales agents can find success, according to this boutique business owner.
While touting the benefits of going it alone, in conversation with REB, the founder and principal of Brisbane’s Junction Estate Agents, Jeremy Paikaew, has acknowledged that it’s always a good idea to have some sort of an experience with a franchise and how they work.
As we bid farewell to 2020 – joyously waving goodbye with one hand and clinging to a champers in the other – our property investment experts share their predictions for the next 12 months.
The Western Australian government will be expanding the application of its Residential Rent Relief Grant Scheme to incentivise landlords who maintain tenancies and avoid evictions post-March 2021.
This will enable tenants who are still facing financial hardship as a result of COVID-19 to pay their rent debt after the eviction and rental increase moratorium does end.
We asked lender heads what they predict would be in store for the industry in 2021.
As the world adjusts to the “new norm”, property investors who want to outperform the market will need to adapt to new consumer demands, a property expert has said.
The corporate regulator has banned a Sydney-based mortgage broker for allowing her father who was already banned to engage in credit activities.
The Queensland property market has maintained resilience in spite of the pandemic, and now goes into the new year with an abundance of growth potential, according to a number of experts.
In comparison with other states, most of Queensland has remained in a strong position over the past 12 months.
ABOUT THE AUTHOR
Grace Ormsby
Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.
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