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November 2024

You are browsing the site archives for November 2024.

In: General Interest

Contributed By: Mike Phipps Finance on

It will come as a surprise to no one that the managing director and I have been indulging in a bit of travel lately.  It’s all tax-deductible research of course, culminating in our annual senior broker conference in Wanaka NZ.  Joined by Cameron and Paul and their respective MD’s, we were appalled to discover that our conference had been booked in a place of great natural beauty, accompanied by lovely dining options and nearby ski fields!  On the 15th anniversary of MPF serious matters needed to be discussed so we would have preferred a more subdued and reserved venue like, say…… Adelaide. No disrespect toRead More →

In: REIQ

Contributed By: Claire Ryan on

The Real Estate Institute of Queensland (REIQ) is urging the Government to adopt a more balanced and reasonable approach to the expansion of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regime, than proposed in the AML/CTF Regime Amendment Bill 2024. As it stands, the Attorney-General’s Department Impact Analysis estimates the ongoing annual cost of the regime at ~$2bn per annum for the property industry. Queensland’s property industry will absorb a whopping ~$250m of that cost per annum. REIQ CEO Antonia Mercorella, who represented Australia’s real estate professionals before a Federal Senate Committee last week, emphasised the REIQ’s support for the regime’s objectives, but raised significant concerns aboutRead More →

In: REIQ

Contributed By: Claire Ryan on

The Real Estate Institute of Queensland (REIQ) has released its residential vacancy rates report for the September 2024 quarter, with the peak body noting that tight conditions appear to be ‘the new normal’ for the rental market. Of the 50 local government areas and sub regions covered in the report, vacancy rates tightened in 19, remained unchanged in 18, and relaxed in 13 this quarter. Most changes were a modest 0.1 – 0.2 percentage points. Exceptions included Mount Isa, Redland’s Bay Islands and Lockyer Valley where tightening rates were more pronounced. In contrast, Cairns, Tablelands and Isaac experienced slight rate relaxations. Overall, low vacancy ratesRead More →

In: General Interest

Contributed By: OPAT on

Concrete cancer is a term that strikes fear into the hearts of property owners and building managers, and for good reason. As a contractor specialising in the repair of this common problem, I’ve seen firsthand the damage it can cause. Left untreated, concrete cancer can lead to costly repairs, structural damage, and even safety risks. as was highlighted recently with the 2021 partial collapse of Champlain Towers South in Florida USA which resulted in the death of 64 people In this article, I’ll provide an overview of what concrete cancer is, how it develops, and the importance of addressing it early. What is Concrete Cancer?Read More →

In: REIQ

Contributed By: Claire Ryan on

The Real Estate Institute of Queensland (REIQ) is welcoming Queensland Premier David Crisafulli’s newly revealed cabinet, who face complex housing challenges ahead. Along with the Premier, the REIQ is looking forward to working with the new leaders, including those responsible for shaping the future of the state’s housing: REIQ CEO Antonia Mercorella expressed optimism at the appointment of dedicated ministers for home ownership and housing – critical roles given the crises in our state. “Queensland has instilled a lot of hope in our new leaders, and there is a real opportunity to show them that housing will remain a key priority of this cabinet,” MsRead More →

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