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Queensland Government's Proposed Tenancy Law Reforms

In 2018, the statewide Open Doors to Renting Reform community consultation invited Queenslanders to share their rental experiences and ideas about how to improve renting in Queensland. We received over 135,000 responses and had conversations with tenants, property owners and property managers about their experience of living in, owning or managing a rental property and how it could be ...
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Queensland markets head into summer with plenty of highs

November 01, 2019 | Author: Grace Ormsby | Source: Smart Property Investment Queensland’s coastline investors have plenty to smile about heading into the summer months, with almost a clean sweep in weekly rental value improvements over the past 12 months. In a quarterly update from the Real Estate Institute of Queensland (REIQ), each of the markets has proven positive for investors despite ...
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Property investors should be considering the Sunshine Coast

28 October 2019 | Author: Hotspotting's Terry Ryder | Source: Property Observer I believe real estate markets are driven more by local factors than national ones. While many commentators are placing great significance on interest rate reductions as a prime driver of real estate markets, I’m much more interested in what’s going on the coalface of local economies.  And, in those terms, I put a h...
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Government mortgage guarantee scheme aims to help first home buyers enter the property market

28 October 2019 | Author: Nour Haydar  Source: ABC News A Federal Government scheme to allow first home buyers to purchase a property with a deposit as little as 5 per cent will operate on a "first-in, best-dressed" basis.  Key points: • ​The Federal Government will offer loan guarantees for eligible buyers on low and middle incomes• ​The scheme is aimed at helping up to 10,000 first...
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Sunshine Coast Mass Transit Project 13 Sep 2019 | Source: Sunshine Coast Council

13 Sep 2019 | Source: Sunshine Coast Council  Sunshine Coast Council has continued to build its case for the development of an integrated mass transit system to service the Sunshine Coast’s growing population. The Sunshine Coast Mass Transit Project presents an opportunity to transform the region and deliver a range of economic, land use and transport benefits. It is an essential response t...
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Coast market softer over the quarter

The Sunshine Coast market recorded softer conditions during the June quarter. However, solid price growth over the past year, meant that annual price growth remained some of the best in the State.The Sunshine Coast’s rental market is also recording more demand than supply with its residential rental vacancy rate down to 2.3 per cent over the June quarter.Rents are correspondingly rising...
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RBA to cut cash rate to 0.75% in October & to 0.50% in February

We are bringing forward the timing of our forecast for the next cut in the overnight cash rate by the RBA from November to October. By October, we expect that the path of the unemployment rate will be sufficiently contrary to the RBA’s plans that they will have appropriate justification to ease policy a little earlier than we had previously expected. We recognise that September is also likely ...
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Southeast Queensland housing markets deliver positive growth

17 Jul 19In the latest Queensland Market Monitor report, annual median house prices delivered positive growth in the southeast corner housing markets. Brisbane LGA reached a new record high price of $680,000, although growth was a muted at 1.5 per cent.   “While annual growth in Brisbane is showing signs of slowing, there was strong growth in particular suburbs proving that discerning buyer...
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Sunshine Coast remains top market in the state

17 Jul 19 | Source: Terry Ryder  Regional Queensland is becoming one of the nation’s most compelling markets.Rising numbers of locations have growth symptoms, both in terms of sales activity and price movements.Over 60% of Regional Queensland markets have median prices higher than a year ago, with apartment markets a standout.   The Sunshine Coast remains the No.1 market in the state for h...
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Cash Rate Predicted To Drop To 0.75%

Economists with the Commonwealth Bank of Australia (CBA) forecast the Reserve Bank of Australia (RBA) to slash the cash rate to 0.75% following an earlier cut this month to 1.25%. The bank predicted cash rate to drop by 25 basis points in July rather than August, with another similar cut later in the year, most likely in November. Senior Economist Kristina Clifton from CBA’s Global Markets Re...

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