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Practice raises ‘serious contractual and legislative concerns’

THE Real Estate Institute of NSW is concerned some real estate agents mistakenly believed they could outsource AML/CTF obligations via deposit-flicking. The controversial practice, where a real estate agent transfers a property deposit to a third party until settlement, has sparked concerns of possible financial risk and AML/CTF non-compliance. NSW Fair Trading last week announced an investigation into the practice and whether real estate agents were acting in line with legal obligations. REINSW chief executive Tim McKibbin said in a statement that deposit flicking required closer sc

All eyes on key data and RBA governor’s speech

When it comes to land size, less is more for housing

Home investors blindly walking into new-build contract risk

Budget changes have effected national property sentiment

Home ownership dream increasingly becomimg reality

People are thinking twice about spending their money

Owning your own home may not be a pipedream

THE Australian dream of owning your home may be alive and well, according to a new report. Since 2021, nearly 600,000 Australian households have become owner-occupiers, new analysis by

THE number of houses up for auction nationally has increased over the last fortnight but are still well down on 2025 levels. Property data firm Cotality reported auction volumes rose by

DESPITE a nationwide slowdown in property prices, Perth remains a residential hotspot with annual growth nudging 24 per cent. Median home values in the Western Australian capital are ove

Home values decline due to Budget changes

AUSTRALIA’s home values are continuing to fall as investors and first home buyers alike nervously survey the market after the Federal Budget. Domain data shows homes in almost all